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New Deal


Announced

Completed

Elvaston Capital Management to acquire a majority stake in SETEX.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Germany

Diversified Industrials

automation

software solutions

textile manufacture

Acquisition

Domestic

Private

Majority

Private Equity

Pending

Friendly

Single Bidder

Synopsis

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Elvaston Capital Management, a private equity firm, agreed to acquire a majority stake in SETEX, a provider of manufacturing process management software and textile machinery controls. Financial terms were not disclosed. SETEX looks to the future with great optimism in this new constellation and is convinced that this strategic step will further increase SETEX's competitiveness and growth potential.

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