Sobera Capital has taken over the management of S-Refit in Regensburg, effective 1 July 2016.
Simultaneously, Sobera Capital also assumed management of associated vehicles S-Refit EFRE Fonds Bayern (EFRE), medTECH Capital Fonds and S-Partner Kapital. All vehicles together have 23 active portfolio companies.
The transaction involved a complex restructuring of the operations and balance sheet. Two experienced investment directors and the head of finance and controlling have joined Sobera Capital. In the course of the transaction, Sobera Capital also secured a debt financing for S-Refit.
Sobera Capital is a Berlin based independent secondary direct investor with a focus on European growth and small-cap funds and assets in ICT, applied technologies and healthcare.
S-Refit is a private equity vehicle owned by 21 Bavarian savings banks, Kreditanstalt für Wiederaufbau (KfW) and a technology transfer institution. It was founded 1990 and invested in ICT, industrial technologies and healthcare companies.
medTECH is a private equity vehicle jointly owned by S-Refit and the saving bank of Erlangen. EFRE invested in small- and midcap companies and is co-financed by the European Fund for Regional Development. S-Partner Kapital is a private equity vehicle owned by 25 savings banks, a savings bank association as well as a federal bank.
