NETWORK advises Hausheld on capital increase with DBAG
Frankfurt a. M./ Mönchen Galdbach — Hausheld AG, a provider of smart electricity meters and control systems for the digitalization of the energy transition, was able to gain Deutsche Beteiligungs AG (“DBAG”) as a financially strong shareholder in the context of a capital increase. Network Corporate Finance exclusively advised Hausheld on the transaction.
With the completed capital increase, Hausheld gains a long-term oriented partner for future growth. Hausheld offers so-called full rollouts of smart meters to digitize the power grid of entire cities while ensuring the highest data protection standards. The funds raised will be used for growth and expansion of the market position. A total of around 50 million electricity meters in Germany will have to be intelligently networked in the coming years.
For DBAG, the investment is the first investment within the framework of an expanded investment strategy, which also includes long-term, predominantly minority investments in growth companies.
Hausheld AG, based in Mönchengladbach, Germany, offers a market-ready solution for the legally required introduction of smart electricity meters. Hausheld has developed a scalable, networked and intelligent communication network for a price-optimized full rollout of smart meters for municipal utilities. “Hausheld is the only provider to date to offer a market-ready solution for the government-required establishment of a scalable, interconnected, intelligent communications network and has begun to bring its solution to market with municipal utilities in the electricity sector. The Hausheld full-service offering is transferable to other areas such as gas and water, where the same task will arise in the future. We therefore expect a dynamic growth rate for the company in a market with long-term growth potential,” emphasizes Bernd Sexauer (photo), member of the Management Board at DBAG.
About Network Corporate Finance
Network Corporate Finance is an independent, owner-managed advisory firm focused on mergers and acquisitions, capital markets transactions, and equity and debt financing. We advise both established and young companies in a wide range of industries. With our team of more than 20 employees at our offices in Düsseldorf, Berlin and Frankfurt, we have established ourselves as one of the most successful independent corporate finance consulting firms in Germany since our foundation in 2002.
About DBAG
Deutsche Beteiligungs AG is a listed private equity company. We initiate closed-end private equity funds: DBAG funds enable institutional investors to invest in the equity or equity-like instruments of unlisted companies. DBAG advises and manages these funds. That is, it seeks, examines, and structures opportunities for participation. Our focus is on medium-sized companies. We negotiate investment agreements, accompany the portfolio companies during the investment period and design the divestment process. An entrepreneurial investment approach makes us a sought-after investment partner. Since DBAG was founded more than 50 years ago, we have provided equity to more than 300 companies together with the DBAG funds.