Rigby Private Equity expands into Austria

Rigby Private Equity expands into Austria

Rigby Private Equity (RPE) has expanded its presence in central Europe with the opening of a new office in the Austrian capital of Vienna.

The firm was set-up last year under the Rigby Group umbrella founded by Sir Peter Rigby in Warwickshire.

Wick Hill and Zycko (both part of RPE) already have business in Austria and this move shows the commitment of the company to strengthen and grow activities in the country.

Paul Eccleston, head of Rigby Private Equity, added: “Both Wick Hill and Zycko have traded successfully into Austria from Germany in the past and have had many requests from their vendor partners to open an office in Austria itself.

“We see this is as a serious commitment to the territory, with significant opportunities for the value and capability and services that both companies represent.”

RPE, which is building an EMEA-wide high-value, specialist distribution business, was set up to identify established companies with both a great value proposition and plans for strong growth, to invest in these companies and to support the acceleration of their growth plans.

In July last year, the firm made a major investment in specialist security value-added distributor Wick Hill and in December added specialist services distributor Zycko.

The Vienna office will be staffed by a strong team of experienced people who will be supported by the core capabilities of both Wick Hill and Zycko.