Qsil in secondary buyout

February 1 2006

German venture firms Sementis Copia I and Erfurt und MicroVenture Lucrum 1 have sold their combined stake in Qsil, a German manufacturer of fused quartz, in a secondary buyout to Ventizz Capital. No financial or return details were disclosed.

QSil was founded in 1992, a spinout from Ilmenauer Glaswerke. It produces fused quartz for the semi-conductor and fibre-optic cable industry. MicroVenture and Sementis Copia invested in the company in 2001.

Ventizz’s investment was made through Ventizz Capital Fund III LP.

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