Hannover/Laatzen, 31 December 2013 - Today funds advised by Triton have successfully closed the acquisition of Rexroth Pneumatics, a specialised pneumatics manufacturer and former subsidiary of German drive and control company Bosch Rexroth.
Together with Rexroth Pneumatics' management and employees, Triton aims to support the development of the company into a market-leading stand alone entity.
Rexroth Pneumatics, headquartered in Hannover/Laatzen, produces high quality parts such as valves and cylinders for industrial machinery, the automotive and transportation industry, the energy sector and other areas. Rexroth Pneumatics has a strong innovation track record in developing customer specific solutions. Rexroth Pneumatics has about 2,100 employees in five production sites in Germany, France, Hungary, USA and China and operates a global sales network in more than 35 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 eleven offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.