Garz & Fricke GmbH has been acquired by AFINUM Management GmbH
The private shareholders of Garz & Fricke GmbH have sold the company to AFINUM Management GmbH. Financial details have not been disclosed.
Founded in 1993 and based in Hamburg, Garz & Fricke is a successful provider of embedded systems and vending and telemetry solutions. The company’s core competencies are the development, design and manufacture of electronic assemblies and advanced RISC machine (ARM)-based embedded solutions with compatible operating systems.
AFINUM is an independent investment company owned by its management. The firm has offices in Munich, Zurich, Vienna and Hong Kong and specializes in investments in successful medium-sized companies in the DACH region.
Oaklins’ team in Germany advised the shareholders of Garz & Fricke on the sale of shares. Within the scope of an internationally structured process, the buyer was selected from more than 50 prospective parties, and the transaction was successfully closed.
Talk to the deal team
Related deals
BodhiCedric has acquired Network Media from Jellysmack
The media holding company BodhiCedric has acquired Network Media, an innovator in the creator economy, from Jellysmack, the global creator company.
Learn moreCustomerXPs Software (Clari5) has been acquired by Perfios Software Solutions
Bengaluru-based SaaS firm Perfios Software Solutions Private Ltd. has acquired 100% of the equity shares in the fraud-detection platform CustomerXPs Software Private Ltd. (Clari5) for an undisclosed amount, enhancing its anti-financial crime management suite for financial institutions.
Learn moreSTM Environmental has been acquired by Phenna Group
STM Environmental has been acquired by Phenna Group, gaining access to a broader network of expertise, enhanced resources and global reach. With extensive experience in life safety, environmental compliance and quality testing, along with a wide client base, Phenna Group is the ideal partner to accelerate STM Environmental’s expansion.
Learn more