{"id":15155,"date":"2020-12-23T15:04:53","date_gmt":"2020-12-23T15:04:53","guid":{"rendered":"https:\/\/www.alantra.com\/?post_type=ib-transaction&#038;p=15155"},"modified":"2025-07-17T15:04:29","modified_gmt":"2025-07-17T14:04:29","slug":"tonerpartner-sell-side-advisory","status":"publish","type":"ib-transaction","link":"https:\/\/www.alantra.com\/it\/ib-transaction\/tonerpartner-sell-side-advisory\/","title":{"rendered":"Alantra advises Invision and the founding family on the sale of TonerPartner to Gilde Buy Out Partners"},"content":{"rendered":"\n<p><strong>Frankfurt \u2013 <\/strong>Alantra, the independent global mid-market investment banking, alternative asset management and credit portfolio advisory firm, advises Invision Capital Partners V Ltd, in its capacity as general partner to Invision V L.P. (\u201cInvision\u201d), and the founding family on the sale of Atramenti Holding GmbH (\u201cTonerPartner\u201d), a leading European e-commerce business focused on ink and toner cartridges, to Gilde Buy Out Partners (\u201cGilde\u201d) for an undisclosed amount. Alantra acted as exclusive M&amp;A and Debt advisor to the selling shareholders. The transaction is subject to customary merger clearance approvals.<\/p>\n\n\n\n<p>Founded in 1993 and based in Hattingen (Germany), TonerPartner evolved\ninto Europe\u2019s leading online retailer for ink and toner cartridges for a wide\nrange of printers operating six brands across 22 online shops in 16 countries.\nThe company offers one of the broadest portfolios of original branded products,\nhigh quality white label and own branded compatible alternatives, as well as\nenvironmentally friendly recycled cartridges. TonerPartner has a loyal and\ngrowing end customer base with close to 4 million SME and private customers\nhaving been served over the last 10 years. <\/p>\n\n\n\n<p>Commenting on\nthe sale of TonerPartner, Peter Kroha, Partner and Managing Director at\nInvision Beteiligungsberatung GmbH stated: \u201cThe investment in TonerPartner has\nbeen a very successful one for Invision and one which we will look back on with\nreal pride. Together with the entire team at TonerPartner we developed the\ncompany from a German family-run business into the European e-commerce platform\nfor ink and toner. During our ownership sales more than doubled, profits more\nthan tripled and the number of employees increased from 60 to over 130. We\nwould also like to take the opportunity to thank the Alantra team for their\nexcellent advice, flexibility and persistence throughout this transaction.\u201d<\/p>\n\n\n\n<p>About Invision <\/p>\n\n\n\n<p>Since its foundation in 1997, Invision has\nbecome a leading private equity firm focused on successions and growth buyouts\nin German-speaking regions. Over this period, Invision invested more than EUR\n500 million in over 50 companies and achieved sustainable value creation for\nits portfolio companies. Invision is an entrepreneurial partner to founders,\nbusinesses, and management teams. The aim is always to adapt to the specific\nneeds of all stakeholders by developing customized solutions to fit each specific\nsituation and need.<\/p>\n\n\n\n<p>About Gilde Buy Out Partners<\/p>\n\n\n\n<p>Gilde is a leading European private equity investor in mid-market\ntransactions with operations in the DACH region and the Benelux. Gilde manages\nfunds in excess of EUR 3 billion and has offices in Frankfurt, Zurich, Utrecht,\nand Brussels. Since its inception in 1982, Gilde has supported more than 250\ncompanies to realise their growth ambitions.<\/p>\n\n\n    <div class=\"button--block \">\n        <div class=\"button--block_box\">\n                                                                <a href=\"https:\/\/www.alantra.com\/what-we-do\/alternative-asset-management\/technology-fund\/\" class=\"btn\" target=\"\">View Technology <span class=\"btn__arrow\"><\/span><\/a>\n                                                                                <a href=\"https:\/\/www.alantra.com\/borsen-zeitung-reflects-on-alantras-growth-after-5-years-in-germany\/\" class=\"btn\" target=\"\">View Germany <span class=\"btn__arrow\"><\/span><\/a>\n                                    <\/div>\n    <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Frankfurt \u2013 Alantra, the independent global mid-market investment banking, alternative asset management and credit portfolio advisory firm, advises Invision Capital Partners V Ltd, in its capacity as general partner to Invision V L.P. (\u201cInvision\u201d), and the founding family on the sale of Atramenti Holding GmbH (\u201cTonerPartner\u201d), a leading European e-commerce business focused on ink and [&hellip;]<\/p>\n","protected":false},"featured_media":0,"parent":0,"template":"","meta":{"_acf_changed":false},"country":[7],"ib-service":[97,94],"sector":[56],"class_list":["post-15155","ib-transaction","type-ib-transaction","status-publish","hentry","country-germany","ib-service-debt-advisory","ib-service-ma","sector-technology"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/ib-transaction\/15155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/ib-transaction"}],"about":[{"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/types\/ib-transaction"}],"wp:attachment":[{"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/media?parent=15155"}],"wp:term":[{"taxonomy":"country","embeddable":true,"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/country?post=15155"},{"taxonomy":"ib-service","embeddable":true,"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/ib-service?post=15155"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/sector?post=15155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}