Alantra advises the shareholders of KLAFS Group on the sale to Egeria Capital Management


ServiceM&A; Debt Advisory

Feb 2021
Sell-side advisory

Frankfurt – Alantra, the independent global mid-market investment banking, alternative asset management and credit portfolio advisory firm, advises the shareholders of KLAFS Group (“KLAFS”), the world market leader for saunas, pools and spas, on the sale to Egeria Capital Management B.V. (“Egeria”). Alantra acted as exclusive M&A and Debt advisor to the selling shareholders. The transaction is subject to customary merger clearance approvals.

Stefan Schöllhammer (managing director and spokesman for the management of KLAFS) stated: “I am convinced that with Egeria, we have found the ideal partner to continue our expansion in the international sauna and spa markets.” Together with Egeria, KLAFS plans to continue its healthy growth with a focus on further geographic expansion and innovation leadership in the sauna, pool and spa sector. The prerequisites for this are good: in the past financial year 2020, KLAFS achieved new records, not least thanks to in-house developed products with unique selling points such as the extendable sauna series S1.

On the cooperation with Alantra, Dr. Thomas Faisst (Chairman of the advisory board) added: “We would like to thank the entire ALANTRA team for their professionalism, precision and their charming customer orientation. Over the course of this project, they have been much more than just a consultant to us and we have made the right decision in entrusting Alantra with this important project.”

About Klafs

KLAFS has been creating places of relaxation for body and mind since 1928 and continues to surprise the market with pioneering innovations – such as the KLAFS S1 space-saving sauna ( Thanks to this spirit of innovation, KLAFS advanced from a small family company to a global industry leader. KLAFS wellness and spa systems can be found in private households as well as in hotels, fitness studios, leisure areas and on cruise ships. Today more than 750 employees work to meet the increasing demands of customers – and to exceed them. From a small private sauna dream to a luxurious spa, and that all over the world, with competent advice from carefully trained specialists and on-site service from experienced service teams.

About Egeria

Egeria is an independent Dutch investment company founded in 1997, which focuses on medium-sized companies. Egeria typically invests in healthy companies with an enterprise value up to € 350 million. Egeria’s portfolio companies have a combined turnover of c. € 2 billion and employ close to 10,000 people. Egeria is currently investing from its fifth fund with a volume of € 800 million.

Related Transactions