West Private Equity, the European mid-market buyout firm, has announced the appointment of Dr Matthias Graeper as managing director of its German operations.
Graeper will be responsible for WPE’s investment business in Germany, Switzerland and Austria and will be based in the company’s German headquarters in Dusseldorf. The appointment of Graeper has completed the German team, following on from the transfer of Dieter A. Royal and Konstantin von Falkenhausen from the company’s London offices.
Prior to joining WPE, Graeper ran his own firm in Germany which arranged investment transactions. Previously he worked Schroder Private Equity and Baring Capital in Hamburg.
Commenting on the appointment, Philip Buscombe, chief executive of West Private Equity, commented: “With 15 years of expertise in the German market, Graeper has the contacts and expertise to accelerate the development of our business in one of the largest and least exploited private equity markets in Europe.”
West Private Equity was established by Phil Buscombe and WestLB in 1999. In October 2000, the company closed its E400m West Private Equity Fund 2000 (WEPF 2000). Investors in the fund, which looks to acquire controlling stakes alongside management in mid-market European companies, included WestLB, GIMV, CIBC and European Investment Fund.
To date WPEF 2000 has successfully completed the acquisition of seven companies with a combined deal value of E355m. These have included German plastics processor Coperion, Fox IT, and Asquith Court.