Karel Kroupa becomes a partner in Argos Wityu
Paris – Karel Kroupa has been appointed as a Partner in Argos Wityu, raising to eight the number of partners in the Group.
Based in France, Karel Kroupa, a graduate of the HEC Business School in Paris, joined the Argos Wityu team in March 2003 as an Associate following experience with the Crédit Lyonnais Private Equity Venture Capital team.
He has been an Investment Manager since 2008. He is a Partner since 2012.
Since joining Argos Wityu, Karel has worked, in particular, on the acquisition of the surfwear brand Oxbow (successfully floated on the Paris Stock Exchange in 2004 and then sold in 2005), on the Swiss Government out-sourcing service business ORS (sold in 2009), on the diversified family conglomerate Harlé Bickford (acquired in July 2007, partially sold in 2008), on Orsyp, a software editor (acquired in 2007, reinforced through the purchase of Sysload in 2009) and on the acquisition by way of an MBO of Marchegay Technologies (October 2011).
An independent structure since its origin, Argos Wityu now has eight partners. The Group’s decision making is characterised by its independence and rapidity, which creates greater proximity in its relationships with the management teams of the companies acquired by the funds.
About Argos Wityu
Argos Wityu is an independent European private equity group with offices in Paris, Milan and Geneva. Since its creation in 1989, Argos Wityu has carried out more than 50 transactions focusing on management buy-outs (MBO) and buy-ins (MBI) in small and medium companies.
Argos Wityu typically takes majority stakes ranging from €5m to €50m in companies with revenue of €20m to €400m. The firm has developed a track record of unusual, complex and off-market transactions where the firm’s combination of local presence and international experience is able to add value to the small and medium-sized businesses it invests in.
Assets under management dedicated to buyout transactions have reached €700m since the first and final close of Euroknights VI at the end of 2010.