- 4JET secures growth capital investment from tech-savvy Paris based private equity firm Jolt Capital
- Founder & CEO Jörg Jetter to remain the largest shareholder
Alsdorf / Paris, 8th October 2018 – Alsdorf based 4JET GmbH has announced a growth capital investment led by Jolt Capital, where the Paris based investor will join shareholders e-Capital and CEO & Founder Jörg Jetter to further scale the company.
4JET, through its subsidiaries 4JET Technologies & 4JET microtech, develops advanced process technology and integrated production systems for laser-based surface processing with a focus on technical glass, automotive components and tires. The investment is primarily geared towards allowing 4JET to further expand its global delivery platforms for sales & service, and also to accelerate its very promising development initiatives.
In parallel to the injection of new ‘smart’ capital to reinforce the company in the face of surging demand, a corporate reorganization has also been completed to further foster efficiency in the next stage of 4JET’s development.
Driven by multiple underlying trends towards increased usage of functional glass coatings, a push for tire traceability, as well as a steady rise in the number of use cases for laser cleaning technology, both divisions of 4JET will contribute to a 40% growth in revenues for 2018, with 2019 expected to be another bumper year.
Commenting on the deal, Founder and CEO Jörg Jetter suggested that, ”4JET has been a growth story since the beginning and we’re confident that this is set to continue for the foreseeable future, especially so with Jolt’s investment and added value. Given their impressive track record as high-tech hardware investors, teaming up made a lot of sense, and already we’re seeing the benefits of this.”
Antoine Trannoy, the Partner at Jolt Capital leading the deal remarked, “4JET’s growth to date, built from strong market demand for its technology and integrated offering, underpinned by strong intellectual property, is the perfect example of what we like at Jolt. Knowing well the challenges & opportunities facing hardware companies, Jolt Capital is delighted to be partnering with 4JET for the next phase of expansion.”
“As an investor in 4JET, we’ve been fascinated by the development of the company to date, and look forward to collaborating in the next thrilling period”, added Michael Mayer, representing eCAPITAL at 4JET.
- About 4JET
Founded in 2006, the Alsdorf based 4JET currently employs around 130 staff across Germany, China and the USA, who have together installed over 400 laser machines in about 40 countries. A pioneer in laser material processing in the automotive sector, 4JET Technologies serves most large tire makers with solutions for tire marking, tire mold cleaning and other customized solutions. Clients also include large OEMs and automotive suppliers. A specialist in micromachining systems since 2015, 4JET microtech supplies laser systems for processing technical glass, solar cells and other high-tech components. 4JET microtech also runs a laser micromachining job shop in Prutting near Rosenheim, showcasing its latest technology.
- About Jolt Capital
Jolt Capital SAS is an independent Private Equity firm investing in fast growing, profitable, globally-oriented technology companies of European origin, with revenues between €10m and €100m. Jolt Capital has invested in and catalysed various champion technology companies, including Heptagon (now part of SIX:AMS), Inside Secure (EUR:INSD), Fogale Nanotech, Alpha Mos (EUR:ALM) and Blackwood Seven. Jolt Capital is currently managing an excess of €150m. The firm is authorized and regulated by the AMF (Autorité des Marchés Financiers).
- About eCapital
eCAPITAL entrepreneurial Partners AG is a Münster-based alternative investment fund manager (AIFM) in accordance with EU-directive EuVECA. As a leading German venture capital firm, eCAPITAL has supported innovative entrepreneurs in future-oriented industries since 1999. The firm focuses on rapidly growing companies in the areas of Software / IT, Cleantech, Industry 4.0 and New Materials. Currently, eCAPITAL manages six funds with a total of 220 million euros under management. Find more information under www.ecapital.de/en.