SEVEST completed the acquisition of Sauter Group from PINOVA Capital.

SEVEST, a mid-market buyout fund, completed the acquisition of Sauter Group, a supplier to the medical technology, electrical, home appliances, and consumer goods industries, from PINOVA Capital, a private equity company. Financial terms were not disclosed. “The Sauter Group has built an excellent reputation in an attractive market niche and has achieved a remarkable growth trajectory. We are impressed by the development and success over the past years and look forward to supporting the Sauter Group in its future growth as a partner,” David Lisewski, SEVEST Founding Partner.