Capvis acquired Variosystems AG

Capvis Private Equity, one of the leading private equity companies in Europe, acquired Variosystems AG, an internationally active electronics service company. Financial terms were not disclosed. Capvis plans to use its commitment and capital primarily to invest in the Variosystems' additional growth and to support Variosystems in expanding its strategic competitive advantages. Boris Zoller, Partner at Capvis explains: "Variosystems has developed into a Swiss industrial pearl since its foundation. The Company is active in a fast-growing industry with customers in forward-looking end-markets. Together with the experienced management team, we want to exploit this potential, consistently pursue the strategy of internationalisation and thus continue the success story of the Company”.