BPM Mezzanine Fund has made a ninth exit from its first fund
BPM Mezzanine Fund has successfully completed its exit from Tahe Outdoors, a manufacturer of water sports equipment, including kayaks, stand-up paddleboards (SUPs), windsurfing, kitesurfing, and related products, with production facilities in France and Germany.
BPM’s financing supported Tahe’s acquisition of a German company in 2017, marking a significant milestone in the company’s development and driving strong growth in both revenues and profitability. Building on this momentum, Tahe executed another major acquisition in France in 2018, as part of its disciplined buy-and-build strategy.
Commenting on the exit, Priit Veering, Partner of BPM, said: “For the BPM team, it marked the ninth exit from its first fund – BPM Mezzanine Fund SICAV-SIF, SCA. We wish the Tahe Outdoors team and all stakeholders continued success in developing the business that is facilitating an active and healthy lifestyle for many people all over the world.“
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