Verium PE Summer Update 2024

Zurich, August 20, 2024 – After the summer break, the Verium Private Equity Team looks back on a successful half-year and welcomes two new companies to its portfolio with Impact Acoustic AG and Lynus AG. Additionally, 13 acquisitions were made within the existing portfolio, significantly expanding ongoing buy-and-build concepts.

2 new founder-led growth cases in the portfolio

In January 2024, a significant minority stake in Impact Acoustic AG was acquired. The founders, Sven Erni and Jeffrey Ibañez, along with their co-founders, retain the majority and remain the driving forces behind the company. Together with Verium, the company pursues ambitious plans and intends to expand its international presence, extend its product portfolio and design customized acoustic solutions for customers, using only environmentally friendly and sustainable materials.

Additionally, another new partnership was formed with a significant minority stake in Lynus AG, a technology company offering advanced, renewable energy solutions for residential and commercial properties. Their ambitious growth plans are set to be accelerated by the capital provided by Verium. The co-founders, Paul Hauser and Kai Ebensperger, also retain the majority and will continue to drive the execution of the envisaged growth strategy.

Both, Impact Acoustic and Lynus fall into the core strategy of the Verium Private Equity Team to support determined and ambitious founder teams of well-positioned companies in growth markets, whether through minority or majority stakes.

Existing portfolio companies realize 13 add-on acquisitions

So far in 2024, 13 acquisitions have been completed within the existing portfolio. Of these 13 acquisitions, 11 were won through proprietary negotiations, exemplifying the approach of the Verium buy-and-build strategies.

Home Instead, a global provider of private, non-stationary home care, made 8 acquisitions in various regional end markets, increasing the number of acquisitions since Verium's involvement to more than 65.

The Mobil in Time Group was able to grow its core segments of water damage restoration and mobile energy solutions through the acquisitions of Bilfit Group and Wärmemobil AG, strengthening its position in the Swiss home market.

Furthermore, the Sequotech Group, a specialized Swiss IT group, acquired Avency and EVOK, thereby strengthening its footprint in Western Switzerland and expanding into Germany.

Additionally, Toradex, a provider of embedded hardware and software solutions, completed the strategically important acquisition of Linear Computing Inc. in its mission to reduce "time-to-market" for clients. With the additional capabilities in design and manufacturing, prototypes can be shipped faster and customized solutions for specific customer requests can be developed with higher flexibility.