In partnership with another private equity company and with the involvement of management, in 2008 capiton acquired a majority interest in what was then the second-largest German provider of services to the sales and marketing, customer service and order processing industries. In a rapidly growing market for outsourcing of customer-focused business processes, walter services had positioned itself as a leading provider. A combination of detrimental regulatory changes, problems with the company’s largest client, and a market development which was much worse than forecast, led to a sharp fall in profitability. In 2011, capiton decided against providing new capital in the course of the financial restructuring which had become necessary; capiton therefore resigned from the Board and had to write off the investment. The company filed for bankruptcy in 2013.
walter services
AlphaPet Ventures GmbH & Healthfood24 GmbH

- Investment Current
- Industry Responsible Consumption
- Financing occasion Growth
Axxence Group

- Investment Current
- Industry Responsible Consumption
- Financing occasion Management-Buy-Out
Betonbau Group

- Investment Current
- Industry Industrial Technology
- Financing occasion Management-Buy-Out, Carve-Out
Borsig

- Investment Former
- Industry Industrial Technology
- Financing occasion Management-Buy-Out, Carve-Out, Restructuring
Cedes AG

- Investment Current
- Industry Industrial Technology
- Financing occasion Management-Buy-Out, Carve-Out
Dietrich Engineering Consultants Gruppe

- Investment Current
- Industry Health Care
- Financing occasion Growth
Engelmann Sensor GmbH

- Investment Former
- Industry Industrial Technology
- Financing occasion Succession, Management-Buy-Out
Essener Hochdruckrohrleitungsbau (EHR)

- Investment Former
- Industry Industrial Technology
- Financing occasion Carve-Out
Gemaco Group

- Investment Former
- Industry Business Services
- Financing occasion Management-Buy-Out, Growth
GMC Gossen Metrawatt

- Investment Former
- Industry Industrial Technology
- Financing occasion Management-Buy-Out, Restructuring
Lahmeyer International

- Investment Former
- Industry Business Services
- Financing occasion Management-Buy-Out, Carve-Out
Meyer Burger Gruppe

- Investment Former
- Industry Industrial Technology
- Financing occasion Management-Buy-Out
nora systems GmbH

- Investment Former
- Industry Industry
- Financing occasion Management-Buy-Out, Carve-Out
Schwanenmühle Energieprodukte

- Investment Former
- Industry Industry
- Financing occasion Management-Buy-Out
SHW / Casting Technologies

- Investment Former
- Industry Industry
- Financing occasion Management-Buy-Out