SOL#3

Investment fund SOL#3

SOL#3 invests in turnarounds, complex carve-outs and other special situations in the DACH region (Germany, Austria and Switzerland), building on the restructuring and operational experience gained from REB 1 and REB 2.

Fund status€ 43 Mio First Closing
Vintage2022
Geographical focusDACH region (Germany, Austria, Switzerland)
Investment focusSpecial situations


Portfolio SOL#3

SOL Capital Management intends to acquire several platform investments and to hold them through SOL#3 investment company. After restructuring and reorganization, the value of these companies should be sustainably increased through growth. In advance, the SOL management Team has already acquired an initial majority stake.

Simplon

SectorManufacturer of custom-built bikes
ProductHigh-performance custom-built bikes, including road bikes, mountain bikes, e-bikes, and racing bikes
PhaseSharedeal from insolvency proceedings in self-administration
Revenue€ 50 million
Share100%

Proline Systems

SectorWholesale for profiles and systems for walls and flooring for the specialized dealer sector
Producttile profiles & mat systems, sealing system & drainage systems, tileable shower shelf & tileable wall niche, outdoor systems and pedestal & slab supports
PhaseShare deal
Revenue€ 12 million
Share100%

alfer element system

SectorProduction of modular shelving and storage systems
ProductShelving and storage systems, console solutions, furniture legs and DIY solutions
PhaseAsset deal from insolvency proceedings in self-administration
Revenue€ 15 million
Share100%

devolo

SectorInformation and communication technology
ProductProducts for high-performance home networking and for the smart grid
PhaseAsset deal from insolvency proceedings in self-administration
Revenue€ 25 million
Share75%

alfer alumium

SectorProduction of profiles and semi-finished products
ProductProfiles and semi-finished products made of aluminum, stainless steel and plastic
PhaseShare deal (insolvency plan) from insolvency proceedings under self-administration
Revenue€ 60 million
Share100%

Polar

SectorMechanical engineering
ProductAutomation solutions, paper cutting machines for the printing industry
PhaseMixed share and asset deal from protective shield proceedings
Revenue€ 42 million
Share100%