Silverfleet Capital

Silverfleet Capital is a regionally focused European mid-market private equity firm.

Silverfleet Capital

Company type	Limited liability partnership
Industry	Private equity firm
Founded	1985; 40 years ago (1985)
Headquarters	London, United Kingdom
Products	Private Equity Funds, Leveraged buyouts
Number of employees	7 (January 2025)
Website	www.silverfleetcapital.com

Silverfleet is an independent firm, owned by its partners, and invests on behalf of a diversified group of international institutional investors. Silverfleet Capital specialises in mid-market private equity investment,^[1] in international companies operating in a number of different countries, where there is an opportunity to accelerate growth from buy and build and roll-out strategies.^[2] It invests across four sectors: healthcare, services, consumer and manufacturing.^[3][4]

In August 2006, Silverfleet Capital Partners LLP was established.^[5]

In October 2010, in a secondary buyout for an undisclosed amount, Silverfleet acquired Schneider Group, a German catalogue and online retailer of branded promotional and home furnishing goods, from Barclays Private Equity.^[6][7][8]

In 2014, Silverfleet backed SPAC Mirror Bidco in its acquisition of AGR Holdings AS from AGR Group ASA.^[9]

In June 2015, Silverfleet acquired the Danish clothing company Masai.^[10][11] In November 2015, Silverfleet sold the British footwear retail chain Office to South African fashion retailer Truworths for £256m, achieving a 3.4 x return on its 2010 purchase from Scottish entrepreneur Tom Hunter.^[12][13]

In 2016, Silverfleet Capital sold meat product casings manufacturer Kalle Group to investors managed by Clayton, Dubilier & Rice (CD&R). Silverfleet had acquired a majority stake in Kalle Group in 2009.^[14][15]

In November 2017, Silverfleet Capital sold Berlin based Competence Call Center Group (CCC) back to Ardian, formerly AXA Private Equity.^[16][17] Silverfleet had acquired a majority share from Ardian four years earlier in 2013.^[18] In December 2017, Silverfleet acquired a majority stake in Riviera Travel, a river cruise and tour operator focused on the "over-55s".^[19][20]

In July 2021, Silverfleet abandoned its fundraising for its third fund refocusing on follow-on investments and realizations of its portfolio.^[21][22]

A majority stakeholder in German Pumpenfabrik Wangen for five years,^[23] Silverfleet sold its stake to Atlas Copco for an undisclosed amount in 2022.^[24][25] In July 2022, Silverfleet sold Prefere Resins, a company specializing in phenolic and melamine resins acquired in 2018 from Prefere Resin management, capiton AG and Intermediate Capital Group,^[26] to US private equity firm One Rock Capital Partners.^[27][28]