About us

Strategy

  • Commitment

    we have no maximum holding period, our financial commitment is open ended.

  • Operational expertise

    Andlinger partners have operational and line management experience, allowing us to provide profound operational and (interim) management support if needed and work with management teams constructively as active board members.

  • Independence

    we are not restricted by fund policies or rules.

  • Flexibility

    we are flexible in investment selection, price structure, reps & warranties, transaction structure, etc.

  • Speed

    we do not have formal investment committees or multiple decision layers, allowing us to make quick transaction decisions if needed, as well as quick strategic decisions during the holding period and thereby enabling companies to adapt and grow faster than their competitors.

Investment focus

  • Participation

    controlling majority, 100 % ownership preferred (management participation preferred but not required).

  • Sector

    primarily industrial and/or technical companies.

  • Client base

    industrial client base or B2B.

  • Market position

    innovation champions or strong niche players.

  • Size

    minimum revenues +/- $/€ 20 million. Enterprise value $/€ 1 to $/€ 150 million.

  • Geographic

    based in the US, Canada or Europe. Operations can be global. Potential to export encouraged.

Investment preferences

  • Production efficiency challenges

    we generate maximum production efficiency through implementation of lean production techniques and principles.

  • Growth problems

    we have a track record of helping companies grow from local or regional producers to national and worldwide players through establishment of agent networks, distributor networks, add-on acquisitions or other.

  • Management issues

    our partners have extensive management experience; they can function as interim managers and/or lead board actions to find solutions.

  • Corporate Divestitures

    we offer pragmatic solutions for corporate divestitures and understand specific carve-out issues, such as missing documentation or information, and have a history of providing successful stand-alone strategies for such entities.

  • Succession issues

    we have a history of successful negotiations with private owners based on down-to-earth approach and addressing their concerns, instead of dry “spreadsheet” approach.

  • Refinancing needs

    we have extensive local and international contacts with credit providers and wide experience in setting up and renegotiating financing structures.

  • Risk/reward

    Careful selection of companies with correct risk/reward balance.

  • Sectors

    Not limited to industrial focus.

  • Sectors of little interest

    • Trading, distribution or contracting businesses.
    • Consumer goods, retail, food, infrastructure, media, financial institutions.

Alltec Corporation

  • A global leader in the design, manufacture, and installation of lightning protection, grounding systems, and surge protection device technology.

Clesse

  • Since December 2014.
  •  
  • From its offices in France, UK, Italy and Brasil, Clesse designs, manufactures and supplies worldwide, products mainly dedicated to LP Gas (Butane-Propane) and Natural Gas. Their product range is focused on gas regulators, valves, fittings and safety accessories, to be installed on networks, tanks, cylinders and pipes. They are marketed under the highly renowned brands “Clesse” and “Novacomet”. With more than 60 years of experience, and at the forefront of innovation and development, Clesse is widely recognized as the reference for quality and reliability to the professionals in the gas industry.

CPI

  • Since January 2015.
  • A specialist in customized plasma surface treatment, based on continuous research in the most innovating technologies. The resulting applications and treatments are relevant for clients in a large variety of industries and markets.
  • Based in Aix-en-Provence, France.

Crown Van Gelder

  • Since April 2015
  • A specialty paper manufacturer active in niche markets with around 280 staff and two paper machines. Its products – paper on reels – range from 40 g/m2 to 260 g/m2 and are mainly distributed in Western Europe; high speed inkjet and label grades are distributed globally.
  • Based in Velsen, the Netherlands.

CyberAlert

  • Media monitoring and measurement service.

Eska

  • Since November 2013.
  • Producer and supplier of top quality graphic board for a.o. hardcover books, files, ringbinders, games, displays, and luxury packaging. Eska has a leading position worldwide in the graphic board market.
  • Headquarters in the Netherlands, sales and service centers in USA, Germany, UK, Spain, Italy and Singapore.

ETI

  • Since December 2016.
  • ETI is one of the leading European producers of circuit protection, switchgear and complementary solutions and products for residential and commercial electrical installations, power distribution and semiconductors with sales of € 110m. ETI operates production sites in Central Europe and Germany, its products being sold in more than 60 countries world-wide. Andlinger & Company will submit a public offer for the remaining outstanding shares.

Global Graphics

  • Since 1996.
  • Developer of commercial graphic image software.
  • Headquarters in UK, French holding company listed on Euronext.
  • Andlinger realized consecutive add-on acquisitions between 1997 and 1999, an IPO in June 1999 and general business development until 2002, after which a hardware market collapse led to a consolidation of its activities to a pure print industry RIP and workflow developer.

Magnum Materials

  • Magnum Materials operates a full service mining, ready mix, concrete block and asphalt operations in central and southwest Florida, and an integrated site development operation specializing in road building from driveways to highways.

Seitz Corporate

  • Seitz LLC is a leader in small-scale motion control and gear train systems. The company designs, engineers, manufactures and assembles complex plastic and metal components for Fortune 1000 customers engaged primarily in business equipment, medical products and food & beverage products.

SOLVIS

  • Since November 2015
  • SOLVIS is a medium-sized, technologically leading producer of hybrid heating solutions (conventional & renewable) for private and commercial applications. Its products are outstanding in terms of efficiency, scaleability and longevity, thus offering a highly attractive total cost of ownership for its clients.

Spoolex

  • Since 2005.
  • French designer and producer of industrial slitters, (re)winders and spool convertors.
  • Worldwide agents network.
  • Majority of clients in non-woven and automotive sector.

Steward Advanced Materials

  • Steward Advanced Materials was founded in 2002 as a division of Steward, Inc., a company with over 130 years of experience in producing technical ceramics, ferrites and EMI suppression materials.
  • Today, Steward Advanced Materials is dedicated to producing highly engineered specialty materials and alloys for the defense industry and other commercial end markets.

SUSPA

  • Since 2012.
  • Manufactures gas springs, hydraulic dampers, vibration dampers, lifting columns, piston rods, crash management systems, safety systems as well as complex drives and actuators. SUSPA is the engineering partner of the automotive, machinery, furniture, white goods, medical and durable goods industries in Europe, the Americas and China.
  • Headquarters in Germany, production in Czech Republic, USA, India & China.

VP360

  • Complete Integrated Solutions based in the U.S. and doing business as, VP 360 Sales, is an integrator of electronic components for the public safety sector, especially for police cars, motorcycles, fixed video, speed recording devices, and license plate readers. VP360 is the only U.S. company which is able to integrate up to twenty separate products and/or processes needed to pull together the entire cycle of police surveillance equipment. They operate globally.
Self-funded and international in scope