Afinum Achte Beteiligungsgesellschaft mbH & Co. KG, advised by Afinum Management GmbH, acquired a controlling stake in LISTAN Group („Listan“). Afinum supports the founding team to realize further growth through penetration of the company’s core markets, continued internationalization, and further expansion of its product portfolio.
Listan (www.listan.com), through its brands “be quiet!” and “Xilence” provides high-performance computer components targeted at performance gamers and computer enthusiasts. Based on products with superior features such as extremely low noise and heat emission levels, industry leading product quality, and award-winning design, the company has gained trust and brand awareness among both its relevant distribution channels and its end customers, has become one of the market leaders in the DACH market, and highly successfully initiated its geographical expansion in Europe and globally.
Since its foundation in 2000 by the three founders Stanislav Minkin, Oleg Ushkats, and Elina Gorborova, the company experienced strong organic growth by evolving from one of the early online distributors of computer parts to a provider of premium high-performance computer components developed in-house by a dedicated R&D team and marketed under its own brands. Listan has over 100 employees located at sites in Germany, Poland, Taiwan, and the US. The company has proven highly resilient through the COVID-19 crisis during which it has continued its strong historic growth momentum.
Together with Afinum, Listan and the founding team are committed to capturing further growth potential both in existing and new geographies and product segments through organic and inorganic measures.
The investment in Listan represents the tenth platform investment of Afinum Achte Beteiligungsgesellschaft mbH & Co. KG.