Golding Capital Partners GmbH
Golding announces successful exit for buyout co-investment strategy
Issuer: Golding Capital Partners GmbH
/ Key word(s): Funds/Funds
Golding announces successful exit for buyout co-investment strategy Munich, 4 July 2024 – Golding Capital Partners, one of Europe’s leading independent asset managers for alternative investments, has announced the second successful exit from its ‘Buyout Co-Investment 2020’. The private equity manager Livingbridge reported the partial sale of its portfolio company Quorum Cyber in June. Golding Capital Partners was a co-investor in the business via its Golding Buyout Co-Investment 2020 vehicle. The new lead investor is the US private equity fund Charlesbank Capital Partners. The transaction also includes a reinvestment by Livingbridge and Golding. “We have accompanied the successful operating performance of Quorum Cyber with great enthusiasm since 2022 and are proud to have generated liquidity for our investors in this complex market environment. At the same time we are delighted to accompany as an investor the company’s continued development going forward. Quorum Cyber is one of the first portfolio companies in ‘Golding Buyout Co-Investment 2023’, which will give our investors access to a broadly diversified portfolio, with a focus on businesses in fast-growing sectors in Europe and the USA”, said Daniel Boege, Partner and Head of Buyout at Golding. The cyber-security provider Quorum Cyber was founded in 2016 and protects more than 150 companies worldwide against cybercrime. The company is one of the leading specialists for security solutions related to the Microsoft cyber-security product portfolio in the UK, and has more than tripled its global workforce since Livingbridge’s investment in 2022. The transaction raised additional capital to develop new cyber-security services and turbo-charge the company’s dynamic expansion in the USA. Golding Buyout Co-Investment 2023 is making good progress with its portfolio construction. In addition to Quorum Cyber, the programme has invested in two more software companies in Scandinavia and Spain, as well as in an Austrian packaging business and a global provider of testing, inspection, certification and compliance services. About Golding Capital Partners GmbH Golding Capital Partners GmbH is one of Europe’s leading independent asset managers for alternative investments, focusing on the asset classes infrastructure, private credit, private equity, secondaries and impact. With a team of more than 200 professionals at its offices in Munich, Luxembourg, Milan, Tokyo and Zurich, Golding Capital Partners helps institutional and professional investors to develop their investment strategy and manages more than €14 billion in assets. Its roughly 230 investors include pension funds, insurance companies, foundations, family offices and ecclesiastical institutions, as well as banks, savings banks and cooperative banks. Golding became a signatory of the United Nations Principles for Responsible Investment (UNPRI) in 2013 and has been a supporter of the Task Force on Climate-related Financial Disclosures (TCFD) since 2021.
An investment in the fund is reserved for professional clients within the meaning of the European Markets in Financial Instruments Directive (MiFID) and represents an entrepreneurial investment which, in addition to opportunities for returns, also involves risks up to and including the total loss of the invested capital. An investment decision should be made solely on the basis of the information provided to investors as required by law. We would like to point out that the document do not constitute investment advice or advice of any other kind, nor an offer or invitation to invest in the fund, nor do they meet the legal requirements for ensuring the impartiality of financial analyses. We would also like to point out that past performance and forecasts are not a reliable indicator of future performance. We cannot guarantee that the forecasts will actually materialize. No one should act on the basis of the information contained in this document without a thorough analysis of the situation in question and without seeking appropriate professional advice from qualified third parties.
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