Bring your vision to life.

Capital with vision

capiton enables small and medium-sized businesses in the DACH region to achieve ambitious goals. Not only do they receive capital from us, they also benefit from our expertise and personal support. We listen carefully, make quick decisions and are accessible, because we know that nothing generates confidence like your own vision in your own hands.

Finance

News

Hamm Reno Group Holding S.á.r.L. (HR Group)

The company

HR Group is a leading European shoe retailer and wholesale system provider. RENO is the second-largest stationary shoe retailer across Germany, Switzerland and Austria and operates approximately 400 stores. HR Group also manages footwear sales areas within larger retail customers, including department stores and Cash & Carry outlets at 2,000 points of sale in 20 European countries and increasingly online shops and marketplaces.

 

The transaction

HR Group and the Polish shoe retailer CCC S.A. have con-cluded a strategic partnership as of November 24th 2018 by which HR Group acquires 100% of CCC Germany GmbH which operates around 80 CCC-shops in Germany. CCC S.A. acquires a strategic minority stake in HR Group of approxi-mately 30% by purchasing a held by 12% from capiton and all shares from Flo / Ziylan a Turkish shoe retail group. Two call options arrange for a later possible exit of capiton to CCC.

 

The transaction remains subject to the approval of the com-petition authorities.

 

capiton / HR Group were advised by EY (Structuring), PwC (Buy & Sell-Side Support financial/tax) and Allen & Overy (Legal).

Facts & Figures

Foundation

capiton’s predecessor company was founded in the mid-1980s. capiton AG was established in 1999. The firm became an independent company in 2004, following a Management-Buy-Out.

Partnership

capiton is managed by 9 partners and is an owner-managed financial investor.

Track record

The capiton team has supported more than 80 companies, and over 70 investments have been realised. At present, the company manages a fund volume of €1.1 billion.

Investment range

capiton invests in small and medium-sized companies in German-speaking countries. We usually invest between €20 and €60 million of our own funds in profitable companies with turnover between €50 and €300 million. We are also able to execute much larger transactions together with co-investors.

What our portfolio companies say

capiton is familiar with the needs of SMEs, understands them, and acts accordingly.

Josef Raith, Founder
RTS