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Naxicap Partners to acquire Guntermann & Drunck from Borromin Capital Management for $33m.

Synopsis

Naxicap Partners, a private equity firm, agreed to acquire Guntermann & Drunck, a computer equipment manufacturer, from Borromin Capital Management, an asset manager, for $33m. "We can look back on four very successful years as the majority shareholder at Guntermann & Drunck, during which we and the company were able to strengthen further its market position as one of the leading providers of management solutions for digital and analog computer signals both nationally and internationally. We are convinced that G&D will continue to offer excellent prospects for profitable growth both in Germany and abroad in the future," Nick Money-Kyrle, Borromin Managing Partner.

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