Frankfurt / Trier, 5 November 2019 – Private equity firm Naxicap Partners has agreed to acquire alwitra, a flat roof specialist based in Trier, Germany. The seller and current alwitra owner Joachim Gussner will continue to support the company in an advisory role, while the current alwitra directors and managers will likewise remain. alwitra, founded in Germany in 1964, is a market leader for thermo-plastic roofing and sealing membranes for flat roofs. Naxicap Partners, headquartered in France, has been investing for more than 20 years in small- to mid-sized growth companies, which it supports through leveraging untapped internationalisation potential. Naxicap Partners has been active in Germany since 2016, with its Frankfurt office serving also as regional headquarters since its opening in 2018.