Press release

Allert & Co. finds European Private Equity partner for Dastex - with very concrete growth prospects

Founded in 1979, Dastex Reinraumzubehör GmbH & Co. KG has developed over the past decades into a leading independent supplier for the constantly growing market of the cleanroom industry. Now, with the strategic acquisition by The Riverside Company, a renowned financial sponsor of medium-sized growth companies worldwide, Dastex is enabled to take its next step in corporate development with highest dynamics.

What is interesting about this strategic step is that The Riverside is immediately modeling the newly emerging unit for growth: The parallel strategic acquisition of Sweden's Vita Verita creates a new, highly potent unit for the cleanroom market that is focused on the future. Founded in Sweden in 1983, Vita Verita specializes in cleanroom consumables and laboratory equipment, air quality testing, service and maintenance for pharmaceutical companies, hospitals and other controlled environments.

Damien Gaudin, Partner at RIVERSIDE Europe, explains: " The goal is to build the European leader in cleanroom contamination control, offering both best-in-class products and technical and regulatory services, supported by an ambitious ESG strategy."

With these target market segments themselves having high growth expectations, Arnd Allert said, The Riverside Company's strategy absolutely shone from the start. Carsten Moschner, CEO of DASTEX is also convinced by this concept: "Given our own ambitious growth plans, Riverside is the ideal partner. And the addition of Vita Verita and its comprehensive service offering in Sweden is a decisive step on our path."

This perspective is also confirmed by Karsten Langer, Managing Partner at RIVERSIDE Europe: "DASTEX and VITA VERITA supply the continuously growing cleanroom industry and help customers in the pharmaceutical, life sciences and other high-tech industries to meet increasingly stringent quality and regulatory standards. The acquisition of DASTEX and VITA VERITA creates a leading cleanroom contamination control company here - to the benefit of customers."

Those familiar with Allert & Co. know that this is not just a perspective that appeals to us. It is also another example of our approach, proven hundreds of times over in medium-sized companies: The search for the "best owner" for a company is not limited by national borders, but on clearly defined common goals. It is not about the quantity of approached parties, but the quality of the selection - the consensus of possible common strategic objectives and shared values. Arnd Allert: "And last but not least, all parties involved have appreciated Allert & Co. for almost 20 years now for the excellent project collaboration between our clients and all advisors involved. In this case, our appreciation goes out to our colleagues from dhmp and McDermott Will & Emery for the very good and intensive cooperation !"