July 26, 2012

Equita to raise capital for midcap investments

Equita Management GmbH (“Equita”), an investment holding company within the Harald Quandt group of companies, is currently placing Equita CoVest KGaA (“Equita CoVest”) with its current investors as well as potential new investors. In the future, Equita CoVest and Equita Holding KGaA, which has been operating since 2005, will jointly invest with a set ratio in high-growth mid-sized companies in the DACH region. In a first round of fundraising, the current investors of Equita Holding have made commitments totalling € 115 million, thus increasing the investment capital available to Equita from € 315 million to approximately € 430 million. Until the end of September 2012, new investors will now have the opportunity to invest in Equita CoVest as limited shareholders. The target volume of Equita CoVest has been initially limited to € 150 million, but may be increased to a hard cap of € 200 million. Equita’s shareholders regularly have the opportunity to acquire shares of portfolio companies by way of co-investments.