Equistone Partners Europe, a private equity investor, has acquired a majority stake in SF Filter AG, a European independent distribution service for mobile and industrial filters.

SF Filter AG supplies B2B end customers for industrial and mobile applications, including equipment manufacturers and resellers nationally and internationally. The investment from Equistone will focus on expanding the service’s growth and developing a buy-and-build strategy, as well as building the company’s e-commerce service.

“The acquisition of SF Filter expands our portfolio by adding a player which enjoys an outstanding national and European position in the heavily fragmented consumer market for filtration,” says Stefan Maser, managing director DACH/NL and partner at Equistone.

Equistone was advised during this transaction by Enqcor (M&A Advisory), Boston Consulting Group (Commercial), Alvarez & Marsal (Financial), Bär & Karrer (Legal & Tax), Latham & Watkins (Legal Germany), Howden (Insurance) and Houlihan Lokey (Debt Advisory).