Both company founders Manfred Garz and Matthias Fricke remain significant shareholders and Co-CEO’s of the company. Garz & Fricke (www.garz-fricke.com) is a provider of embedded hardware and software solutions primarily in the DACH region. In its home markets, Garz & Fricke holds leading positions in electronic components for vending machines as well as in human machine interfaces for a wide array of application areas. Garz & Fricke’s customers are OEMs and system integrators in end markets such as vending machines, food services, medtech, security and energy technology. These customers strongly value the development of customized solutions, quality “Made in Germany” as well as the high level of vertical integration provided by Garz & Fricke.
The company has realized significant growth over the last 25 years since inception. With its new investor Afinum as a strong partner with significant funds available, Garz & Fricke sets the course for future growth. Through its investment, Afinum is supporting the continuation of the company’s successful strategy of international expansion,
growth in attractive end markets such as medtech and security technology, capacity expansion at the Hamburg headquarters as well as strategic bolt-on acquisitions.
Garz & Fricke represents the 9th platform investment of Afinum Siebte Beteiligungsgesellschaft mbH & Co. KG buyout fund, incorporated in October 2013.