Heliad Equity Partners GmbH & Co. KGaA / Miscellaneous
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Heliad Equity Partners GmbH & Co KGaA (ISIN: DE00A0L1NN5) could succeed its
strategy of a continuous optimization of its current investment portfolio.
Accordingly, three additional PE funds could be disposed over the past
weeks. Thus, Heliad reduces its open fund commitments by EUR 6.5 million.
The sales proceeds in the amount of above EUR 7 million equals an increase
of the current cash and equivalents accounts by 60 cents to EUR 3.45 per
share and therefore covers the entire market capitalization in the amount
of EUR 42 million. In the course of this sale, no write-offs had to take
place. The sales proceeds will be used for selective direct acquisitions of
additional portfolio companies.
'This disposal is a consistent ongoing process of the portfolio
optimization to focus on direct investments in the German Mittelstand. As
already started in 2008 the remaining funds will be continuously reviewed
for an economical reasonable disposal. The currently increased cash and
equivalents account to the amount of one time market cap opens up further
room for additional portfolio company acquisitions which we will see in the
upcoming quarters', says Christoph D. Kauter, Deputy CEO of Heliad Equity
++ About Heliad
Heliad is a listed investment company that invests in high-growth companies
in German-speaking countries. Heliad relies on established, owner-managed
business models in the service sector ('asset-light focus') with between
EUR 10 and EUR 100 million in sales. Further information on the company is
available at www.heliad.com.
Heliad Equity Partners GmbH & Co. KGaA
Christoph D. Kauter
Phone: +49 69 71 91 59 65 39
14.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Company: Heliad Equity Partners GmbH & Co. KGaA
60322 Frankfurt am Main
Phone: +49 69 71 91 59 65 0
Fax: +49 69 71 91 59 65 11
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Stuttgart
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