AURELIUS recognised at the prestigious Private Equity International Awards 2016
- AURELIUS wins “Special Situations/Turnaround firm of the Year” at the 2016 Private Equity International Awards
Munich / London, March 7, 2017 – AURELIUS Group (ISIN DE000A0JK2A8) has been recognised at the prestigious Private Equity International Awards 2016.
The award, which is in the in the Special Situations/Turnaround firm of the Year category, recognises AURELIUS as one of the busiest special sits investors in Europe in the last year. AURELIUS made six new investments in the first nine months of 2016, including the acquisition of the European assets of Office Depot which, with annual revenues of €2 billion, was the largest transaction in AURELIUS’s history in terms of turnover.
The award also acknowledges AURELIUS’ successful exit from denim manufacturer Tavex Europe, which generated a 9x return just one year after acquisition, and the sale of fidelis HR which delivered a 40x return.
Dr Dirk Markus, CEO of AURELIUS, said “We are delighted to have won this award, and to have been recognized by our peers in the industry makes it even more special. After a very successful year we expect to see a high level of transaction activity again this year.“