Lafayette Mittelstand Capital Acquires Jurchen Technology

Photovoltaic systems

This week, Germany-based private equity firm Lafayette Mittelstand Capital (Lafayette) has acquired 100% of company Jurchen Technology GmbH. The company is a subsidiary of BELECTRIC Solar & Battery Holding GmbH. All the companies involved have agreed to keep the purchasing price confidential, according to BELECTRIC.

Lafayette is a private investment firm focusing on acquisitions of companies based in Germany, Austria and Switzerland. The company's investment portfolio is focused on companies that are at a turning point in their development. This includes spin-offs, carve-outs, sub-optimal capital structures, capital intense growth situations and other situations.

The sale of Jurchen Technology is the result of BELECTRIC's strategic realignment process. This led to the company n...

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