Formel D
- Sector Services and Software
- Year invested 2017
- Location Germany
- Status Current
Formel D is a leading global service provider to the automotive and component supply industry, offering quality assurance and process optimisation along the entire value chain - from development to production through to aftersales.
Visit formeld.com
Overview
The company offers a wide range of testing and inspection services for individual parts, systems and vehicles to major OEMs and suppliers. Formel D was founded in 1993 and has over 9,000 employees at 90+ facilities in over 20 countries worldwide.
How we add value
We have supported Formel D to pursue attractive international growth opportunities, both organically and through acquisition, to up and cross-sell its service portfolio to customers internationally, and have partnered with management to expand the company's higher “value-add” service offering.
We introduced CITIC Capital as an investment partner with a broad network in China and recruited Ralph Heck as Chair via our Business Leaders Network.
Regulatory information
This transaction involved a recommendation of 3i Investments plc, advised by 3i Germany.