joins GMC-Instruments as growth partner to build a leading European test and measurement technology company
Summary
Funds advised by KLAR Partners Limited (KLAR Partners or KLAR) make their first investment in the industrial technology sector as growth partner in GMC-Instruments GmbH (GMC-Instruments or the Company), a leading provider of mission-critical electrical test and measurement solutions headquartered in Germany.GMC-Instruments provides a comprehensive suite of instruments, systems, software solutions and services to inspect and certify the electrical safety of technical installations, medical and industrial equipment, communication, transportation and energy infrastructure as well as to optimize power quality needs and energy consumption. Marketed through its well-known brand portfolio of Gossen Metrawatt, Seaward, Camille Bauer, Dranetz and Rigel Medical among others, the Company has been at the forefront of electrical safety technology for more than 100 years. In 2022, GMC-Instruments generated revenues of c. EUR 120 million.The partnership is in line with KLARs strategy to invest in companies operating in business services and industrial technology sectors benefiting from strong tailwinds: GMC-Instruments is seeing significant growth opportunities driven by favourable megatrends such as the energy transition and stricter energy efficiency requirements.KLAR Partners joins Dr. Hans-Peter Opitz, the Companys founder and controlling shareholder, to accelerate GMC-Is growth, in particular in the fast-growing renewable and e-mobility segments. I look forward to continuing to support the Company as a shareholder and member of the Advisory Board, said Dr. Hans-Peter Opitz, Managing Director of GMC-Instruments GmbH and its parent Apricum Capital GmbH.KLARs acquisition of GMC-Instruments is conditional upon regulatory approvals from the competent authorities.About KLAR PartnersKLAR Partners is a European private equity firm focused on investments in companies operating in business services and industrial technology. With investment professionals located in London, Stockholm, Frankfurt, and Brussels, together with a broad international network in the industry, KLAR has a proven business model to support, develop and grow companies.