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Silver Sail Capital has Completed a Significant Investment in Tesnila GK

September 30, 2015 3:52 pm Published by Comments Off on Silver Sail Capital has Completed a Significant Investment in Tesnila GK

Prevalje, Slovenia – September 30, 2015 – Silver Sail Capital, LLC (“SSC”) and 3P Equity Partners, LLC (“3P”, and together with SSC, “S3”) have announced a joint investment in Tesnila GK d.o.o. (“TGK” or the “Company”). Arkas Investment Banking advised the owners of TGK in the sale process. The terms of the transaction were not disclosed.

S3 is excited to partner with its original founders and other management personnel to build on the strong foundation the team has created. As a financial group, S3 will provide access to additional resources and growth capital that will allow the Company to continue along its impressive historical growth trajectory. Together we look forward to developing new and innovative technologies allowing the Company to expand its operational footprint as well as its geographic reach.

TGK is a leading niche manufacturer of highly engineered rubber and metal products strategically located on the Slovenian border with Austria. The Company services mainly the automotive industry with rubber parts for washing, lighting systems, auto electrics, Bowden wires, and wire harnesses. Since its establishment in 2004, TGK has utilized a highly automated manufacturing process to produce optimal quality rubber products designed to withstand the most complex of requirements. The Company is uniquely positioned to deliver on its customers’ mission-critical objectives through flexibility, technical excellence and reliability. TGK currently employs over 70 people and operates out of two adjacent facilities in the town of Prevalje, Slovenia.


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