Linz (Austria), 25 February 2014 - Today funds advised by Triton have successfully closed the acquisition of German-Austrian infrastructure and system service provider ALPINE-ENERGIE Holding AG ("ALPINE-ENERGIE"). ALPINE-ENERGIE previously belonged to the Spanish group Fomento de Construcciones y Contratas ("FCC").
"ALPINE-ENERGIE offers a comprehensive service portfolio and has great potential for growth in its core business areas," said Peder Prahl, Director of the General Partner for the Triton funds. "We will support the company's development through targeted investments."
Herbert Furch, CEO of ALPINE-ENERGIE, added: "We are pleased to have found an expert partner in Triton that understands our business and has recognised the opportunities in our market."
The core business areas of ALPINE-ENERGIE are planning, installing and maintaining telecommunications, energy and transport networks. The company employs around 3,000 people and achieved a turnover of EUR 462m in the 2012 business year. ALPINE-ENERGIE generated the majority of its turnover in its core markets of Germany, Austria and Switzerland. The company also operates subsidiaries in Luxembourg, Poland, the Czech Republic, Italy and Hungary.
About ALPINE-ENERGIE
ALPINE-ENERGIE, with its eight country organisations in Europe, has developed from a company for electrical and industrial enterprises into an internationally active group in the segments of energy generation, energy transport and energy-technical applications since it was founded in 1920. 3,000 employees achieved a total turnover of 462 million Euro in 2012.
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 eleven offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.