# FountainVest Partners acquires majority stake in SPT Group

FountainVest Partners, an Asian private equity firm, led a consortium to acquire a majority stake in SPT Group (Small Precision Tools), a micro miniature products manufacturer with over 1,000 employees worldwide. The founding family retains a minority stake.

- Type: Acquisition
- Announced: 2021-04-12
- Where: Switzerland (headquarters) and subsidiaries in China, Philippines, Singapore, Japan, Switzerland
- Status: completed
- Products: micro miniature products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [FountainVest Partners](https://endata.com/companies/26795.md) (acquirer)
- [SPT Group](https://endata.com/companies/54399.md) (target)

## Sources

- [legalcommunity.ch](https://legalcommunity.ch/fountainvest-partners-acquired-a-majority-stake-in-the-spt-group-the-advisors/), 2021-04-12: "FountainVest Partners, an Asian private equity firm, led a consortium of investors that acquired a majority stake in the SPT Group – Small Precision Tools"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.