Announced
Synopsis
One Equity Partners, a private equity firm, agreed to acquire BARTEC, a provider of explosion protection and safety technology, from Bridgepoint, a private market growth investor, and Alcentra, an alternative credit manager. Financial terms were not disclosed. “In the recent years, we have built a unique collaborative team that has empowered us to shape BARTEC’s transformation and set the course for a sustainable future. We are pleased to have One Equity Partners as our investment partner supporting the next chapter of BARTEC’s growth worldwide. We aim to leverage their expertise to sustain and accelerate growth in core markets and geographies, expand our digital portfolio, and win additional market share in emerging industries such as hydrogen, lithium-ion, and pharmaceuticals. OEP has an established track record of building up industrial services businesses like ours into strong market leaders,” Dr. Martin U. Schefter, BARTEC CEO.
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