Deal Announcement
goetzpartners conducted the Commercial Due Diligence of 7days for Silverfleet Capital
Silverfleet Capital, the Pan-European private equity firm that specialises in buy-to-build, has entered into a binding contract with Odewald KMU and the founders to acquire a majority stake in the 7days group (“7days” or the “Company”), a leading designer, manufacturer and supplier of medical workwear. The founders will reinvest alongside Silverfleet Capital and remain with the Company.
Founded in 1999 by Marc Staperfeld and Ulrich Doelken and based in Lotte, Germany, 7days is a vertically integrated online and mail order business, which supplies clothing and accessories to the healthcare industry, specifically medical practices and dentists.
The Company offers a comprehensive product portfolio designed exclusively for medical professionals that includes tunics, tops (polo shirts, sweatshirts etc.), trousers, lab coats, shoes and accessories. 7days continuously tailors its portfolio, which currently comprises over 2,600 products, to customer requirements and offers a high degree of customisation with a focus on quality and value for money. The Company’s design studio and procurement departments are based in Lotte, Germany with production facilities in Tangier, Morocco.
About Silverfleet Capital
Silverfleet Capital has been an active European mid-market private equity investor for more than 30 years. The investment team of 28 executives is based in London, Munich, Paris and Stockholm and currently manages around €1.2 billion. Silverfleet Capital’s second independent fund closed in 2015 with commitments of €870 million.
goetzpartners team
Dr. Sigurd Kitzer
Partner
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Gerrit Daute
Manager
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Alicia Brehm
Associate Consultant
Stephan Schömer
Associate Consultant
Martin Schießl
Associate Consultant