2015 was a busy year for both the Silverfleet team and its portfolio companies. The firm successfully raised its second independent fund, closing at its hard cap of EUR870 million.
Shortly thereafter the fund made its first investment in The Masai Clothing Company. Silverfleet was also delighted with the successful exit of OFFICE, its UK headquartered shoe retailer, and the add-on acquisition made by Phase One, itsDanish headquartered digital camera technology manufacturer, with the purchase of the assets of Mamiya Digital Imaging in Japan.
Silverfleet’s other portfolio companies were also very active: Kalle continued its product innovation and successfully launched further new products while also achieving strong growth in EBITDA, and Cimbria finished the year with both all-time record sales and a very strong order book for 2016. La Fée Maraboutée added 26 new retail points of sale in 2015, Ipes won new private equity customers and moved to larger premises in London reflecting the increased demand for its services and CCC opened its sixth site in Germany and a second site in Turkey. Silverfleet also welcomed three new members to its European investment team.
