Transaction
Pava Partners advised funds advised by Deutsche Private Equity (“DPE”) on the acquisition of a majority stake in Sill Optics GmbH & Co. KG (“Sill Optics”) from PINOVA Capital as debt advisor. Under DPE, the management of Sill Optics will continue to hold a significant stake in the company. The transaction was completed at the beginning of August 2022.
Sill Optics is a leading manufacturer of precision optics used in laser materials processing, additive manufacturing, medical technology and in accompanying chip manufacturing processes, among others.
Client
About DPE Deutsche Private Equity
DPE is an independent investment company that accompanies medium-sized companies on their growth path as a partner investor. Over the last 15 years, DPE has become one of Germany’s largest growth investors and currently manages total assets of over EUR 2 billion. The core of the investment strategy is in the areas of industrial technology, B2B services, energy and environmental technology, digitalization / software and healthcare.
Target
About Sill Optics
Sill Optics is a leading manufacturer of precision optics used in laser material processing, additive manufacturing, medical technology and accompanying chip manufacturing processes, among others. With its products and solutions, Sill Optics serves promising markets and contributes decisively to the functionality and precision of the customer’s system, whether through the precise focusing of laser beams in additive manufacturing, telecentric lenses in optical quality control or special microscopy optics. From customer-specific development to prototyping and series production, Sill Optics is a reliable partner for well-known OEMs in its target markets. In addition to high-quality products, Sill Optics has earned an excellent reputation in the market through high customer orientation and first-class service. With around 250 employees, Sill Optics develops and manufactures in Wendelstein.