New York, New York January 7, 2016 – The Silverfern Group, a leader in non-traditional global direct investment, today announced that it has exited its investment in APR Energy plc in connection with the shareholder approval of the unconditional takeover offer received from a consortium led by ACON Investments and Fairfax Financial Holdings Limited.
APR Energy is a global leader in large-scale, fast-track power solutions, providing customers with rapid access to reliable electricity when and where they need it. APR Energy combines state-of-the-art, fuel-efficient technology with industry-leading expertise to provide turnkey power plants that are rapidly deployed, customizable and scalable.
Silverfern invested in an all-equity recapitalization of APR Energy, LLC in April 2011 in partnership with Soros Funds Management, which investment resulted in the successful public listing of APR Energy on the London Stock Exchange in less than 12 months.
Following completion of the exit, Silverfern Co-Managing Partner Reeta Holmes said: “Silverfern is pleased to have been able to exit its highly successful investment in APR Energy. Consistent with our non-traditional direct investment strategy, we invested in APR Energy in partnership with a globally-experienced investment partner on an all-equity basis, noting the considerable growth opportunities that solid financial capitalization would allow the Company to access.”
Founded in 2001, Silverfern is one of the largest and most successful family office investment clubs in the world. Silverfern invests on behalf of more than 65 of the world’s largest and most sophisticated multi-billion-dollar single family offices, and has a global exclusive partnership with the Citibank Private Bank. Through its offices in New York, Amsterdam, Frankfurt and Sydney, Silverfern makes non-traditional, direct, co-control and minority investments in middle market private equity and real estate investment opportunities globally. Silverfern’s investment strategy seeks to mitigate systemic risk in its portfolio by pursuing attractive risk-adjusted returns on a global basis, while at the same time seeking to manage local/market risk through its strategy to partner with non-traditional, local, investment partners on each of its investments. Silverfern is amongst the few woman-owned, truly global middle-market, multi-asset-class, investment management firms in the world today, with resources akin to those of a strategic, local investor.
Additional information is available at www.silfern.com