Hagen (Germany), 27 July 2017 - Funds advised by Triton and Paragon Fund I announced today that they have completed the sale of Europart Holding GmbH, the European market leader in spare parts for commercial vehicles and other workshop equipment, to Alpha Private Equity Funds. The parties have agreed not to disclose the purchase price.
About Europart
EUROPART is the leading trading company for spare parts and accessories for commercial vehicles, buses and special vehicles of all classes in Europe. In addition, EUROPART supplies its main customer groups in vehicle garages, transport companies and fleet operators with a wide range of workshop requirements: This includes the areas of chemicals, workshop/office equipment, fastening technology, operational safety equipment etc. for day-to-day work. EUROPART has an international network and is with more than 300 sales outlets represented in 28 countries.
About Triton Partners
Founded in 1997 and owned by its partners, Triton Partners is a leading European mid-market sector-specialist investor. Triton Partners 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 Partners 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.