Clearwater International acted as sole financial adviser to Kinetic Systems, Inc., a portfolio company of Ares Management LLC and other investors, on the sale of its subsidiary, Kinetics Germany GmbH to the private equity investor Quadriga Capital Eigenkapitalservices GmbH.
Kinetics Germany GmbH, headquartered in Eschau-Hobbach, Germany, is an international leading provider of high purity process mechanical systems and solutions that deliver gases, chemicals and water for, among others, electronics (semiconductor, solar) and biopharmaceutical manufacturing processes. These processes include design & construction management, manufacturing of equipment, installation and technical facility management.
In addition to the headquarters in Eschau-Hobbach (Bavaria) and a subsidiary in Dresden, Kinetics Germany has manufacturing facilities in Singapore and Malaysia as well as branch offices in Italy, Austria, Saudi Arabia, Dubai, India, generating sales of more than €100m in 2011 and employing 650 staff.
Quadriga Capital Eigenkapitalservices GmbH is a private equity firm based in Frankfurt.
Clearwater International, led by partner Tobias Schätzmüller, advised Kinetics Systems