DGAP-News: Ventizz Capital Partners AG: Ventizz Capital Fund IV L.P. acquires majority share in server manufacturer Thomas-Krenn.AG
(firmenpresse) - DGAP-News: Ventizz Capital Partners AG / Key word(s):
Acquisition/Capital Increase
Ventizz Capital Partners AG: Ventizz Capital Fund IV L.P. acquires
majority share in server manufacturer Thomas-Krenn.AG
20.09.2011 / 10:00
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Ventizz Capital Fund IV L.P. acquires majority share in server manufacturer
Thomas-Krenn.AG
- Thomas-Krenn.AG is one of the leading providers of server technology
and hosting services in Europe
- Ventizz Capital Fund IV L.P. will provide additional capital for
further growth
- Acquisition of the Austrian internet agency Xortex eBusiness GmbH as
first expansion step
Düsseldorf/Freyung, September 20, 2011. Ventizz Capital Fund IV L.P. has
bought a majority stake in the Bavarian Thomas-Krenn.AG. The involvement of
Ventizz and the additional capital it provides will support the continued
growth of the company and its expansion into new markets. The shares have
come from founders Thomas Krenn and Max Wittenzellner and from BayBG, a
Bavarian private equity company for small and medium-sized businesses. Both
founders and the management team will remain with the company.
Thomas-Krenn.AG, headquartered in Freyung near Passau, was founded in 2002
and has since then successfully specialised in the development and
manufacturing of server technology and hosting services. The company's
ability to assemble and deliver customer-specific servers within 24 hours
as well as its high-quality customer service resulted in strong
double-digit growth. The company is amongst the leading suppliers of
servers and hosting services in Europe.
'Thomas-Krenn.AG has earned itself a leading position in the market within
the space of a few years and demand for the firm's high quality servers and
other services is unwavering,' said Willi Mannheims, Managing Partner of
Ventizz Capital Partners AG. 'We share the management's vision of taking
the company to the top of the European market.'
Christoph Maier, CEO of Thomas-Krenn.AG is enthusiastic about the new
opportunities made possible by the new strong financial partner's
involvement in the company: 'With Ventizz, we have gained an experienced
investor, specialised in growth strategy for medium-sized technology
companies. Together we will push forward with the development and expansion
of Thomas Krenn.AG.'
By taking over the Austrian Xortex eBusiness GmbH, Thomas-Krenn.AG has
already seized its first opportunity subsequent to Ventizz coming on board.
As a leading provider of online shops, marketing and hosting services, the
company is an ideal addition to Thomas-Krenn.AG's services portfolio,
allowing a wide range of hardware, software and services to be offered to
customers. The two companies have collaborated in the past on several
online shops and hosting projects and are pleased to see this cooperation
further strengthened. Both parties have agreed not to disclose specific
details of the purchase price.
Company Profiles
About Ventizz Capital Partners
Ventizz Capital Partners was established in 2000 and has offices in St.
Gallen, Zurich, Düsseldorf and Vienna. Ventizz Capital Partners is the
exclusive advisor to the Ventizz Private Equity Funds, which provide growth
capital and buyout financing for high tech companies in Western Europe.
Four partners and a team of 15 additional professionals currently advise
four funds with a total capital under management of EUR 675m. Ventizz
Capital Fund IV L.P. is the largest of four so far established funds. The
Fund was closed at the end of 2007 after only six months of fundraising,
during which EUR 450m were raised, making it one of the biggest private
equity funds in the segment of growth capital and mid-size tech buyouts in
the German-speaking region.
Ventizz Funds have to date invested in 41 companies with a focus on the
areas of renewable energy/clean tech, high-tech manufacturing industries,
medical technology and information and communication technology. In
addition to a variety of trade sales, Ventizz has so far floated four
portfolio companies (ersol, SAF, PV Crystalox Solar and recently exceet) at
European stock exchange markets.
On the internet at: www.ventizz.com
About Thomas-Krenn.AG
Thomas-Krenn.AG, based in Freyung, is one of Europe's largest manufacturers
of servers. The company, which caters to small and medium-sized businesses,
was founded in 2002. Apart from custom-configured servers and server
accessories, Thomas-Krenn.AG offers HA-clusters and storage and system
solutions as well as virtualisation technology, high availability solutions
and project consulting. The products are made exclusively in Germany. In
the past few years, Thomas-Krenn.AG has established a very good name for
itself in the quality and premium hosting market and offers high
availability and individual hosting and housing.
On the internet at: www.thomas-krenn.com
About Xortex eBusiness GmbH
XORTEX is a full-service internet agency with numerous international
distinctions. The business has three areas of focus: eBusiness (web
portals, online shops and intranets), eMarketing (search engines, campaigns
and newsletters) and hosting (web and mail servers). Since its beginnings
in 1999, over 250 projects have been successfully completed.
XORTEX customers include OÖFerngas AG, VKB-Bank, Engel Austria,
Schwarzmüller Fahrzeugbau, Borealis (Linzer AgroTrade), Normstahl Europa,
Biohort Gartengeräte,Ökofen Pelletsheizungen, Röchling Konzern (Leripa) as
well as market leader, Heineken International.
On the internet at: www.xortex.at
Press Contact:
CNC AG
Markus Wieser
Tel.: +49. 89. 599 458 114
E-Mail: Markus.Wieser(at)cnc-communications.com
End of financial news
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Datum: 20.09.2011 - 10:00 Uhr
Sprache: Deutsch
News-ID 67391
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