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Financing
2011
MBO & MBI
Client:Format
Action:MBO & MBI
3rd Party:Private Investors
Date:2011
Sector:Event Services
Type:Financing
Event Services
TENZING Partners acted as the exclusive advisor to the shareholders of Format SARL in the successful transition of the company to Patrick Wittwer and Peter Czibula.
Founded in Luxembourg, Format SARL specializes in the design and construction of exhibition stands. With a strong reputation built over 22 years under the leadership of Marc Wagner, the company has established itself as a trusted partner for businesses looking to create impactful trade show and event displays.
In addition to Format SARL, the transaction included its sister companies, Display Center and Floc, further strengthening the new owners’ market position. With an annual turnover exceeding €3 million, Format has benefited from solid management and a loyal customer base.
Transaction Highlights
Completed on January 1, 2011, the management transition aimed to:
Ensure a seamless leadership handover while preserving the company’s strong reputation.
Maintain stability and continuity for employees, clients, and suppliers.
Support the long-term growth and success of Format SARL under new ownership.
Tenzing Partners’ strategic guidance facilitated a structured transition, securing Format SARL’s future while allowing the previous owner to step back after more than two decades of leadership.
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