CGS gets CHF130m

With the new fund, CGS Management has more than doubled its assets under management. Investors to date include leading European banks, fund-of-funds and family offices.

The fund will continue its strategy of investing in buy-and-build opportunities of small businesses with revenues ranging from CHF10m to CHF80m, with headquarters in Switzerland, Germany and other European countries.

The sector focus of the fund will be on machinery and equipment, electronics and engineering and plastic production companies. The fund is looking to acquire between 15 and 20 companies.