Triton Position on Recent Media Reports
On Monday 5th May, German newspaper Handelsblatt published a factually wrong article regarding Triton and Assemblin, a portfolio company that Triton Fund IV realised in 2022.
The Handelsblatt article falsely claims that Triton rejected an alternative and higher priced offer for Assemblin from another European private equity investor. This is categorically false.
The reality is that Triton ran a full dual track M&A and IPO process for Assemblin in 2021/2022 that did not result in a viable transaction. The investor referenced in the article made an indicative and non-binding offer that was later withdrawn, not a firm bid.
This is proven by our documentary evidence and confirmed by all involved parties, including the bidder that Handelsblatt referenced.
About Triton
Founded in 1997 and owned by its partners, Triton is a leading European mid-market sector-specialist investor. Triton focuses on investing in businesses that provide mission critical goods and services in its three core sectors of Business Services, Industrial Tech, and Healthcare.
Triton has over 150 investment professionals and value creation experts across 11 offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.
