Private Equity Fund EMERAM acquires Boards & More Group

(DGAP-Media / 28.11.2013 / 09:49) 
 
Press Release 
 
Private Equity Fund EMERAM acquires Boards & More Group 
 
Munich, 28 November 2013 Funds advised by EMERAM Capital Partners GmbH, 
Munich, today announced the acquisition of Boards & More Group, the world's 
leading company for Kitesurfing, Windsurfing and Stand Up Paddling 
equipment. The company based in Molln, Austria, recently also entered the 
market for high performance bikewear. EMERAM and the seller, Swiss Airesis 
Holding, agreed on a purchase price of around EUR 39m. 
 
With its four high-performance brands North Kiteboarding, Northsails, ION 
and Fanatic, Boards & More has achieved significant growth over the past 10 
years and in 2012 generated revenues of EUR  45  million. 
 
Till Eberle, CEO Boards & More: 'We are very impressed by the 
professionalism and dedication, with which the EMERAM team has driven the 
acquisition process. The experience and the networks of the EMERAM partners 
undoubtedly are unique in the market and this 'EMERAM Edge' will not only 
enable us to significantly grow our existing business, but also expand into 
new segments, thus taking Boards  &  More to the next stage of its 
development.' 
 
Volker Schmidt, Partner, EMERAM Capital Partners: 'The Boards & More 
management team led by CEO Till Eberle has successfully developed the 
company to the global leader in its core business segments. The company's 
business lines are supported by strong underlying global trends attracting 
an increasing number of people towards high-activity sports. We are 
delighted to have secured this outstanding opportunity for our investors 
and now look forward to co-operating with Till and his team to materialize 
on the tremendous growth perspectives ahead.' 
 
Transaction facts: 
 
Equity for this transaction will be provided by EMERAM Private Equity Fund 
I. EMERAM's partner in this transaction: Kurt Salmon Associates 
(Commercial), KPMG (Financial and Tax Structuring), Wenger & Vieli; Watson, 
Farley & Williams and bpv Hügel (Legal). 
 
About EMERAM Capital Partners: 
 
Based in Munich, Germany, EMERAM Capital Partners was founded in 2012 as an 
independent partnership aimed at becoming the leading investment company 
focused on equity investments in 'Mittelstand' companies in Germany, 
Austria, and Switzerland. 
 
Together, the six founding partners have an outstanding and complementary 
track record of investing in, advising and managing highly successful 
companies. Collectively, the team has been active as a principal investor 
for 45 years, completed more than 25 deals, served on more than 40 company 
boards, and aggregates more than 30 years of experience in both top 
management consulting and operational management. EMERAM Capital Partners 
therefore represents one of the most successful and experienced investors 
within its target segments and combines in-depth sector knowledge with 
operational expertise in order to act as a powerful catalyst for ambitious 
and growing companies. 
 
Press contact: 
 
Nicholas Wenzel 
T [phone] 
E [e-mail] 
 
 
End of Media Release 
 
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Issuer: EMERAM Capital Partners GmbH 
Key word(s): Enterprise 
 
28.11.2013 Dissemination of a Press Release, transmitted by DGAP - a 
company of EQS Group AG. 
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242089 28.11.2013 
 

(END) Dow Jones Newswires

November 28, 2013 03:49 ET (08:49 GMT)