Acquisition

CVC takes minority stake in camouflage maker Fibrotex

What's the deal? CVC Capital PartnersDealroom has a profile for this one. Try Dealroom → has agreed to acquire a minority stake in FibrotexDealroom has a profile for this one. Try Dealroom →, an Israeli-American maker of advanced multispectral camouflage. The deal, made through CVC's Catalyst III fundDealroom has a profile for this one. Try Dealroom →, keeps the founding Blum family as majority owner. Terms were not disclosed.

What does Fibrotex do? It builds camouflage systems that cut the detectability of personnel, vehicles, and critical assets. With sites in Kentucky, US, and Petah Tikva, Israel, it serves customers in more than 20 countries, including the US, Japan, Australia, New Zealand, and several European nations.

What's the endgame? CVC says it will use its global network to back Fibrotex's innovation and international expansion.

Why now? Demand for protective defence technologies is rising on the back of long-term military modernisation and growing investment in personnel and asset protection.

What's next? The transaction is subject to customary regulatory approvals and is expected to close in the first half of 2027. The Blum family was advised by JefferiesDealroom has a profile for this one. Try Dealroom →; CVC was advised by RothschildDealroom has a profile for this one. Try Dealroom →.

The signal: Private capital is pushing deeper into defence. CVC's bet on Fibrotex — a minority deal that leaves founders in control — reflects how buyout firms are tapping rising security budgets while partnering with, rather than taking over, specialist founders.

Read more: cvc.com

Image credit: expertinfantry

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