Pava Partners advised the shareholders of color parts GmbH (“color parts”), a leading provider of high-end coatings and surface finishes, on the sale of a majority stake to funds advised by PREMIUM Equity Partners (“PREMIUM”). The existing shareholders – the managing directors including founder, and WMS Wachstumsfonds Mittelstand Sachsen (“WMS”) – remain involved in the company through a substantial re-investment.

With its sale, color parts sets the course for its next phase of growth. The planned initiatives include further expansion of the sales organization and an increase in production capacity. A key focus will be on acquiring new customers and further diversifying the company’s end markets.

color parts on Pava Partners

“With Pava Partners, we had an experienced and trustworthy partner at our side who guided us through the entire M&A process. Their sound advice, clear understanding of our interests, and high level of personal commitment made the successful completion of the transaction possible. I would like to thank the entire Pava team and am delighted to have secured my entrepreneurial succession and to be taking the next step in our company’s growth with PREMIUM Equity Partners,” states Meik Jeremies, the founder of color parts.