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Invision Private Equity buys majority stake in Germany’s Pfeifer

10 Feb 2014

Swiss private equity firm Invision has acquired a majority stake in Pfeifer, a Germany-based provider of fire, water and hazard damage rehabilitation services.

Pfeifer was founded in 1995 by Werner Pfeifer and now employs a staff of more than 200.

Invision said it intends to continue the past growth path alongside Pfeifer management. “The promising but so far autonomously managed field of mold decontamination will be integrated into Pfeifer in order to generate synergies with the core business. The company’s market positioning is planned to be further improved through the setup of a Germany-wide presence,” the firm said. “In addition, Invision and management strive for an international expansion of the business.”

Invision targets successions and buyouts in the German-speaking market, having invested more than CHF500m since 1997. Last year the firm acquired a majority stake in German property fire protection company Kraft & Bauer as part of a succession plan.

In July 2013 Invision closed its fifth institutional fund on its €285m hard cap, exceeding the €250m target.

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