ALTERNATIVE FINANCING FORMS
FOR ENTREPRENEURS AND INVESTORS
News

Essen/ Frank­furt a. M. — Global growth inves­tor The River­side Company (“River­side”) has acqui­red a majo­rity stake in GFOS Group (“GFOS”), a market leader for profes­sio­nal work­force manage­ment and person­nel requi­re­ments planning.
River­side will support GFOS in key stra­te­gic value crea­tion stra­te­gies, in parti­cu­lar further inter­na­tio­na­liza­tion and cloud migration.
The manage­ment of the company remains unchanged.
POELLATH provi­ded legal and tax advice to the share­hol­ders of GFOS in connec­tion with the transaction.
Foun­ded in 1988 and based in Essen, GFOS Group is an inter­na­tio­nally reco­gni­zed provi­der of inno­va­tive soft­ware solu­ti­ons in the areas of work­force manage­ment, smart manu­fac­tu­ring and access control as well as secure and flexi­ble cloud & IT infrastructures.
GFOS employs more than 200 people and, in addi­tion to its head­quar­ters in Essen, has another office in Hamburg and a subsi­diary in Switz­er­land (GFOS Schweiz AG).
The company’s custo­mer base compri­ses 4,500 custo­mers in 30 countries.
These include ARI Arma­tu­ren Albert Rich­ter GmbH & Co KG, Arthrex GmbH, Feller AG, IMS Gear SE & Co KG, MANN + HUMMEL Inter­na­tio­nal GmbH & Co KG, Trans­gour­met Deutsch­land GmbH & Co KG, NOWEDA Apothe­ker­ge­nos­sen­schaft eG, Schwan Cosme­tics Germany GmbH & Co KG and Senn­ei­ser elec­tro­nic GmbH & Co KG. About River­side River­side is a global invest­ment firm that focu­ses on part­ne­ring with compa­nies to drive trans­for­ma­tio­nal growth and lasting value.
Since its incep­tion, River­side has made more than 1,000 invest­ments and curr­ently holds 140 port­fo­lio companies.
The company employs more than 350 people at 15 loca­ti­ons on three conti­nents. POELLATH advi­sed the share­hol­ders of GFOS on the legal and tax aspects of the tran­sac­tion with the follo­wing team: Otto Haber­stock, M.C.J. (NYU) (Part­ner, Lead, M&A/Private Equity, Munich) Gerald Herr­mann (Asso­cia­ted Part­ner, Tax, Munich) Daniel Wied­mann, LL.M.
(NYU) (Asso­cia­ted Part­ner, Anti­trust, Frank­furt aM) Dr. Andreas Reuther (Asso­cia­ted Part­ner, Employ­ment, Munich) Daniel Zhu (Coun­sel, M&A/Private Equity, Munich)

News

Berlin — Macqua­rie Bank is faci­li­ta­ting new funding for the rental fintech Topi, which has grown stron­gly over the past year.
Further growth is now to be finan­ced: Macqua­rie Bank Europe is provi­ding a credit line of 50 million euros — linked to indi­vi­dual inte­rim targets.
Previously, promi­nent venture capi­ta­lists such as Index Ventures and Crean­dum had inves­ted a total of 50 million dollars in the young company, part of which alre­ady consis­ted of a credit line. Topi turno­ver increased twenty-fold The Topi foun­ders Char­lotte Pallua and Estelle Merle (photo © topi) toge­ther with online retail­ers such as Conrad and Cyber­port, who offer “Rent with Topi” as a payment method for corpo­rate custo­mers along­side PayPal, credit cards and the like.
topi offers retail­ers a hard­ware-as-a-service plat­form through which they can offer their products for rent.
— With this finan­cing, topi wants to conti­nue to grow in both the German and Austrian markets.
Along­side this loan finan­cing, Macqua­rie has also inves­ted in the fintech start-up so that “our refi­nan­cing part­ners have an inte­rest in the over­all long-term success”, says Char­lotte Pallua, one of the two founders.
Char­lotte Pallua came up with her start-up idea during her job at tech company Apple.
At the time, she was analy­zing possi­ble subscrip­tion programs for iPho­nes — and thought about offe­ring the service to diffe­rent companies.
Corpo­rate custo­mers can now rent smart­phones, laptops, robots and other devices from the Berlin-based company Topi, which Pallua foun­ded toge­ther with Estelle Merle.
To date, the propor­tion of women in many deve­lo­p­ment teams at German start-ups has been low.
At topi, the propor­tion of women is high.
The fintech curr­ently employs 35+ people. Advi­sor topi: Vogel Heerma Waitz Dr. Clemens Waitz and Dr. Lorenz Frey from the law firm Vogel Heerma Waitz advi­sed the fintech topi on this financing.
The company raised EUR 50 million from the Austra­lian invest­ment bank Macquarie.
The new finan­cing consists partly of equity, but also of funds to refi­nance new products.
Dr. Clemens Waitz, Dr. Lorenz Frey Vogel Heerma Waitz is a Berlin-based law firm specia­li­zing in growth capi­tal, tech­no­logy and media.

News

Frank­furt a. M. — A cross-office team led by HEUKING part­ners Dr. Thors­ten Kuthe and Dr. Kai Erhardt has provi­ded legal advice to SGT German Private Equity GmbH & Co. KGaA on the acqui­si­tion of majo­rity stakes in three inter­net payment service providers.
The acqui­si­tion will be finan­ced by EUR 9.15 million in cash on the one hand and by issuing 24.8 million treasury shares on the other.
A price of EUR 2.40 per share has been set for the SGT shares.
On August 13, 2024, the Frank­furt-based private equity mana­ger announ­ced the acqui­si­tion of 72.9% of Funanga AG (Berlin), 75% of Campam­ocha Ltd (Malta) and 75% of Surfer Rosa Ltd (Isle of Man).
With this acqui­si­tion, SGT begins its trans­for­ma­tion into a listed FinTech company, which will operate under the new name “The Payments Group Holding”.
The tran­sac­tion is still subject to various condi­ti­ons, inclu­ding the neces­sary regu­la­tory approval.
SGT German Private Equity GmbH & Co KGaA is a listed invest­ment company based in Frank­furt am Main.
From its history as a leading German venture capi­tal provi­der under the former name German Start­ups Group, SGT German Private Equity holds a heri­tage port­fo­lio of mino­rity stakes in partly promi­sing German tech start­ups. Advi­sors to SGT German Private Equity GmbH & Co. KGaA: HEUKING Dr. Thors­ten Kuthe (Capi­tal Markets/M&A, lead), Colo­gne Dr. Kai Erhardt (M&A, co-lead), Hamburg, Dr. Chris­toph Grin­gel, Frank­furt, Dr. André Hofmann, LL.M.
(banking super­vi­sory law), Frank­furt, Dr. Frede­rik Wiemer (anti­trust law), Hamburg, Dr. Hans Markus Wulf (IP/IT), Hamburg, Marcel Maybaum (IP/IT), Düssel­dorf, Stefan Wester­heide, LL.M.
oec (Corporate/M&A), Colo­gne, Michèle von Lewin­ski (Banking Super­vi­sion), Frank­furt, Natha­lie Hemmer­ling (Corporate/M&A), Hamburg, Tatiana Vorot­nit­skaya, k.i.n. (Capi­tal Markets), Colo­gne About HEUKING With over 400 lawy­ers, tax advi­sors and nota­ries at eight offices in Germany, HEUKING is one of the largest German busi­ness law firms.
Foun­ded over 50 years ago, HEUKING is one of the TOP 20 law firms with the highest turno­ver in Germany accor­ding to the indus­try publisher JUVE.
The spec­trum of our legal advice ranges from medium-sized compa­nies based in Germany and abroad to large inter­na­tio­nal compa­nies (inclu­ding listed compa­nies) in all matters of commer­cial law.

News

Aachen, August 9, 2024 — PL BioSci­ence GmbH, pioneer in the field of sustainable, animal-free cell culture media, has successfully closed a Series A financing.
The finan­cing round attrac­ted signi­fi­cant invest­ments from AVANT BIO (New York), LePure Biotech (Shang­hai), b.value AG (Dort­mund) and better ventures (Munich).
The four part­ners contri­bute their expe­ri­ence in deep tech, life scien­ces and health tech.
The consor­tium joins a group of exis­ting inves­tors led by Bright­lands Venture Part­ners (Geleen) and Tech­Vi­sion Fonds (Aachen), who have once again pled­ged their support for the Aachen-based biotech company’s mission.
PL BioScience’s inno­va­tive Human Plate­let Lysate (HPL) tech­no­logy enables breakth­rough deve­lo­p­ments in cell therapy.
“We look forward to conti­nuing our support for PL BioSci­ence and its outstan­ding HPL products in the coming years toge­ther with this great consor­tium of inves­tors,” says Bern­hard Kugel, Mana­ging Part­ner of the Tech­Vi­sion Fund.
Dr. Luc Starm­ans, Part­ner at Bright­lands Venture Part­ners, also expres­ses his contin­ued commit­ment: “We warmly congra­tu­late the team and welcome our new part­ners on this exci­ting jour­ney. Toge­ther, we look forward to buil­ding on PL BioScience’s ground­brea­king work to advance effec­tive cell thera­pies that will bring trans­for­ma­tive bene­fits to both pati­ents and the planet.” Pionee­ring cell culture tech­no­logy from Aachen
HPL is deri­ved from dona­ted blood that is no longer suita­ble for trans­fu­sion and offers a sustainable and effec­tive alter­na­tive to animal-deri­ved cell culture media. Conven­tio­nal methods often use fetal calf serum (TCS), which is obtai­ned from the blood of calf fetu­ses. With HPL, a more seam­less trans­fera­bi­lity of rese­arch results to humans is possi­ble. The tech­no­logy ensu­res relia­ble results in labo­ra­to­ries world­wide, paving the way for major advan­ces in rege­ne­ra­tive medi­cine. “PL BioScience’s Elarem plat­form uniquely meets the needs of rese­ar­chers by provi­ding human plate­let-based cell culture media along the entire rese­arch chain,” says Rein­hard Vogt, Part­ner at AVANT BIO, who will join PL BioScience’s Advi­sory Board upon comple­tion. “We are exci­ted to support PL BioSci­ence as it enters a new phase of commer­cial expan­sion, both with working capi­tal and with our team’s deca­des of expe­ri­ence in cell culture media.”
Rege­ne­ra­tive treat­ments based on cell thera­pies The company’s exten­sive custo­mer base, which includes leading life science and biome­di­cal compa­nies, rese­arch insti­tu­ti­ons and univer­sity hospi­tals, relies on PL BioScience’s HPL to deve­lop breakth­rough cellu­lar thera­pies. These cell thera­pies rely on highly safe and effec­tive growth media to improve the treat­ment opti­ons for auto­im­mune dise­a­ses such as type 1 diabe­tes melli­tus or the possi­bi­li­ties in wound heal­ing. Tina Drei­mann, foun­der and Mana­ging Direc­tor of better ventures, summa­ri­zes the company’s mission: “We are exci­ted to support PL BioSci­ence in revo­lu­tio­ni­zing rege­ne­ra­tive medi­cine with their inno­va­tive HPL tech­no­logy. With a strong team, a proven market fit and a stra­te­gic patent port­fo­lio, PL BioSci­ence stands out as an excep­tio­nal invest­ment in the biome­di­cal space.” Massive growth in global demand for cell culture media Dr. Hatim Hemeda, co-foun­der and CEO of PL BioScience
is obser­ving the growing demand for cell culture media that meet the high requi­re­ments of clini­cal studies: “The incre­asing number of clini­cal studies, espe­ci­ally with stem cells, is opening up promi­sing approa­ches. This increase is driving the estab­lish­ment of produc­tion faci­li­ties and the further deve­lo­p­ment of regu­la­tory frame­works, which is leading to a signi­fi­cant rise in global demand for cell culture media.” The global market for stem cell therapy, for exam­ple, is fore­cast to grow from USD 15 billion in 2024 to USD 63 billion in 2031, more than quadru­pling in terms of market volume. (Source: Global Stem Cell Therapy Market, Coher­ent Market Insights, 2024.) This trend is clearly visi­ble not only in Europe and the USA, but also in China, where demand for HPL is growing rapidly. “China curr­ently relies almost exclu­si­vely on impor­ted media for the culti­va­tion of stem cells and T cells. With the advance­ment of rege­ne­ra­tive medi­cine, the market poten­tial for HPL culture media in China is huge,” said Yu Chen, CFO at LePure Biotech.
Stra­te­gic part­ner­ship drives geogra­phic expan­sion Chris­tian Wilkes, co-foun­der and CFO of PL BioScience
empha­si­zes the stra­te­gic importance of the inter­na­tio­nal part­ner­ships: “By offe­ring high-quality, animal-free growth media, we have been able to build a solid repu­ta­tion both locally and globally. The invol­vement of renow­ned invest­ment compa­nies from Europe, the US and China acce­le­ra­tes our global growth stra­tegy and streng­thens our presence in these emer­ging geogra­phic markets.” Peter Kallien, Mana­ging Part­ner and foun­der of b.value AG, high­lights the poten­tial of the Aachen-based company: “PL BioSci­ence is perfectly posi­tio­ned as its HPL meets the high demands of clini­cal cell culture while being scalable to serve the growing rege­ne­ra­tive medi­cine market. We are proud to support a team that not only has the exper­tise, but also the passion to make a real difference.” 

News

Frank­furt am Main / Bous / Merel­beke — KTP Kunst­stoff Palet­ten­tech­nik (port­fo­lio company of Frank­furt-based invest­ment company VR Equi­typ­art­ner) and conTeyor Inter­na­tio­nal (majo­rity-owned by Dutch inves­tor Gilde Equity Manage­ment) have merged to form a new market leader in the pack­a­ging sector.
The group combi­nes KTP’s exper­tise as a leading specia­list for reusable, foldable carrier and contai­ner systems made of plas­tic with conTeyor’s know-how in the field of textile inner pack­a­ging solutions.
Toge­ther, the group with around 1,000 employees will gene­rate global sales of appro­xi­m­ately EUR 200 million.
The tran­sac­tion, which is still subject to regu­la­tory appr­oval, is expec­ted to be comple­ted this year.
KTP Kunst­stoff Palet­ten­tech­nik GmbH was foun­ded in 1988 and is a pioneer in the deve­lo­p­ment and manu­fac­ture of sustainable and inno­va­tive reusable plas­tic packaging.
The foldable contai­ners and large load carri­ers are made from 80% recy­cled mate­rial and save a signi­fi­cant amount of space when retur­ning goods by redu­cing their volume.
From the Saar­land, KTP supplies custo­mers world­wide with the vision of making logi­stics gree­ner by redu­cing CO2 emissions.
VR Equi­typ­art­ner acqui­red a mino­rity stake in KTP at the end of 2011 and has since supported the family entre­pre­neur and other manage­ment in the company’s strong expansion.
In addi­tion to diver­si­fy­ing the custo­mer struc­ture and ongo­ing product inno­va­tion, a new produc­tion site was built in Lisdorf, Saar­land, which enab­led the company to reflect the high growth and deeper value crea­tion in production.
In 2022/23, the Slove­nian inner pack­a­ging specia­list K2 PAK was also acqui­red. conTeyor, foun­ded in 1995 near Ghent, is an inter­na­tio­nal provi­der in the deve­lo­p­ment and produc­tion of custo­mi­zed textile and steel pack­a­ging solu­ti­ons for scratch- and damage-sensi­tive parts.
The company is a leader in inno­va­tive and sustainable pack­a­ging for the auto­mo­tive industry.
Its custo­mers include auto­mo­tive manu­fac­tu­r­ers, house­hold appli­ance and elec­tro­nics produ­cers in particular.
To achieve maxi­mum protec­tion with mini­mum space requi­re­ments, conTeyor uses advan­ced 3D design and cons­truc­tion methods, supported by proprie­tary software.
conTeyor’s produc­tion sites are loca­ted in Europe and North America.
conTeyor’s declared goal is to signi­fi­cantly reduce CO2 emis­si­ons through inno­va­tive pack­a­ging and to become an ESG pioneer in its field.
Gilde, a leading invest­ment company from Bene­lux, has held a stake in conTeyor since 2018.
As part of the tran­sac­tion, the KTP foun­ding family Wintrich is with­dra­wing from the share­hol­der group and manage­ment, although the previous CEO Andreas Wintrich will conti­nue to support the new group in an advi­sory capacity.
The KTP share­hol­ders VR Equi­typ­art­ner and Wagner Holding will retain a signi­fi­cant stake in the group.
The manage­ment team consists of the two conTeyor mana­ging direc­tors Orm Verberne (CEO) and Tim van Londer­sele (CFO) as well as KTP mana­ging direc­tor Martin Hent­schel (COO).
The current KTP site in Bous (Saar­land) will serve as the group’s head­quar­ters. Orm Verberne, CEO of conTeyor and the future group, says: “We are deligh­ted to open a new chap­ter in the history of both compa­nies. A joint market presence and the combi­na­tion of our know-how is the best of both worlds and makes us a true House of Compe­tence. Sustaina­bi­lity is in the DNA of KTP and conTeyor. We help our custo­mers to cut costs and reduce their carbon foot­print by deve­lo­ping reusable pack­a­ging and storage solu­ti­ons with a long shelf life. The combi­na­tion of stan­dar­di­zed contai­ners and custo­mi­zed inlays is the way to a more sustainable world.”
Chris­tian Futter­lieb, Mana­ging Direc­tor of VR Equi­typ­art­ner, adds: “The busi­ness models and market coverage of KTP and conTeyor are highly comple­men­tary — our KTP stands for foldable contai­ner solu­ti­ons and load carri­ers made of plas­tic, while conTeyor offers indi­vi­dua­li­zed inner pack­a­ging solu­ti­ons made of textile. A high-poten­tial combi­na­tion that bene­fits from the strong trends towards more sustainable logi­stics and custo­mi­zed pack­a­ging solu­ti­ons. We look forward to working toge­ther with the employees of KTP and conTeyor as well as our part­ners Wagner and Gilde. In addi­tion to the employees, special thanks are due to Chris­tel, Andreas and Horst Wintrich and Martin Hent­schel, whose tire­less commit­ment has made KTP a unique success story.”
Andreas Wintrich, Mana­ging Direc­tor of KTP, says: “Toge­ther with our long-stan­ding part­ners, VREP and Wagner, we as a family and manage­ment have deve­lo­ped KTP into a strong and successful inno­va­tion leader. Sustaina­bi­lity, custo­mer and employee orien­ta­tion are our top prio­ri­ties. The merger with conTeyor is an important step for the future of the company and the right time to hand over the baton to a new gene­ra­tion of mana­gers. My family and I are deligh­ted that KTP’s success story will continue.”
The VR Equi­typ­art­ner tran­sac­tion team: Sarah Oster­mann, Vincent Mrohs, Jens Schöf­fel, Simone Weck, Falk Stecken­born Advi­sors VR Equi­typ­art­ner on this tran­sac­tion: M&A: Rauten­berg & Company (Phil­ipp v. Hoch­berg, Maxi­mi­lian Gailer, Marcel Hellen­thal) Legal: Orrick, Herring­ton & Sutcliffe (Dr. Chris­toph Bren­ner, Adrian Deng­ler, Stefan Riedl) Finan­cial Due Dili­gence: Deloitte (Tanya Fehr, Nils Nobe­reit, Stefan Spies, Marvin Reiss­land) Tax Due Dili­gence: Deloitte (Hannah Hilde­brand, Doro­thea Paar, Marie-Chris­tin Wienand) Tax Struc­tu­ring: Flick Gocke Schaum­burg (Dr. Florian Kutt, Larissa Rickli, Rickard Kelch) Anti­trust Advice: Lupp + Part­ner (Tilman Siebert)

News

Munich — ARCUS Capi­tal AG has acqui­red a majo­rity stake in FLBE Health GmbH.
The foun­ders Betül Yönak-Bein and Florian Bein, toge­ther with other share­hol­ders, have acqui­red a signi­fi­cant stake in the company.
They will manage the busi­ness toge­ther with ARCUS in the future.
FLBE Health GmbH offers high-quality, certi­fied orga­nic bee products under the “bedrop” brand, which are prima­rily used as cosme­tics and care products.
Since its foun­da­tion in 2020, the company has grown stron­gly and has estab­lished exten­sive multi-chan­nel distribution.
Munich-based ARCUS Capi­tal AG focu­ses on majo­rity share­hol­dings in the DACH region.
ARCUS invests both its own capi­tal and capi­tal from selec­ted co-investors.
The company port­fo­lio curr­ently consists of indus­trial, media and online compa­nies with a total turno­ver of approx. 300 million euros. Legal advi­sors ARCUS Capi­tal AG: Gütt Olk Feld­haus, Munich Dr. Sebas­tian Olk (Part­ner, Corporate/M&A, Lead), Dr. Domi­nik Forst­ner (Senior Asso­ciate, Corporate/M&A, Lead), Thomas Becker, LL.M., David Ziegel­mayer (both Of Coun­sel, IP/IT/Commercial), Tobias Berg­meis­ter (Asso­ciate, Corporate/M&A) Alten­burg Fach­an­wälte für Arbeits­recht, Munich: Andreas Ege (Part­ner, Employ­ment Law) About Gütt Olk Feld­haus Gütt Olk Feld­haus is a leading inter­na­tio­nal law firm based in Munich. We provide compre­hen­sive advice on commer­cial and corpo­rate law. Our focus is on corpo­rate law, M&A, private equity and finan­cing. In these specia­list areas we also take on the litigation.

News

Munich — Gleiss Lutz has advi­sed Jern­bro, one of Sweden’s leading provi­ders of indus­trial services, on the acqui­si­tion of Veltec Nordics Holding GmbH from Bochum-based PSS.
The tran­sac­tion is expec­ted to close in Septem­ber 2024 and is subject to custo­mary closing condi­ti­ons and approvals.
Jern­bro is a leading provi­der of indus­trial main­ten­ance services and projects with 30 loca­ti­ons and over 1,000 employees in Sweden.
Veltec is a leading indus­trial services company with a strong presence in Norway and Denmark.
Jern­bro is a port­fo­lio company of Blue­wa­ter, an inter­na­tio­nal private equity fund specia­li­zing in the energy sector.
Blue­wa­ter curr­ently has USD 2.5 billion of capi­tal under manage­ment with a port­fo­lio of 19 compa­nies, focu­sing prima­rily on projects or tech­no­lo­gies that contri­bute to the energy transition.
As a signa­tory to the UN Prin­ci­ples for Respon­si­ble Invest­ment, Blue­wa­ter has a strong focus on ESG.
Follo­wing the acqui­si­tion, a team of around 1,300 employees will operate in over 35 loca­ti­ons in Sweden, Norway and Denmark, provi­ding compre­hen­sive end-to-end indus­trial services and support­ing decar­bo­niza­tion projects. Advi­sors to Jern­bro: Gleiss Lutz Dr. Jan Bals­sen (lead, part­ner, photo © GL), Dr. Stepha­nie Daus­in­ger, Dr. Adrian Schulz (all Munich), Dr. Pirmin Emanuel Schrei­ner (all M&A, Berlin), Dr. Stefan Mayer (part­ner), Dr. Domi­nik Monz (both Frank­furt), Jochen Pfle­ger (all tax, Hamburg), Dr. Alex­an­der Molle (part­ner, Berlin), Chris­tian Eulen­pesch (both commer­cial, IP/tech, Stuttgart).
Jern­bro was also advi­sed on the acqui­si­tion by the law firms Wikborg Rein Advo­kat­firma AS and Accura Advo­kat­part­ner­sels­kab. About Gleiss Lutz Gleiss Lutz offers full service at the highest level in offices in Berlin, Frank­furt a. M., Stutt­gart, Munich, Düssel­dorf, Brussels and London.
We aim to be a market leader in every area of law and every sector.
The special plus: our lawy­ers always keep an eye on aspects to the right and left of their own area of law.
If neces­sary, they involve experts from all rele­vant areas in a project on an ad hoc basis.
In indi­vi­du­ally assem­bled teams, we deve­lop inno­va­tive solu­ti­ons and prag­ma­tic recom­men­da­ti­ons for action, even for the most diffi­cult and complex issues facing companies.
www.gleisslutz.com  

News

Schaff­hau­sen, Switz­er­land — Acro­nis (the “Company”) and EQT have agreed that EQT X Fund (“EQT”) will acquire a majo­rity stake in Acronis.
The Company’s foun­ders, manage­ment team and current inves­tors — inclu­ding CVC, Spring­co­ast and Black­Rock Private Equity Part­ners — will remain as signi­fi­cant mino­rity investors.
The tran­sac­tion values Acro­nis above the valua­tion of the last invest­ment round in 2021 (2021: over USD 250 million at a valua­tion of USD 2.5 billion).
Foun­ded in 2003, Acro­nis is a leading provi­der of IT solu­ti­ons for mana­ged service provi­ders, offe­ring an inte­gra­ted, highly effi­ci­ent plat­form for cyber secu­rity and data protection.
As data volu­mes conti­nue to grow and IT land­scapes become more complex, compa­nies are incre­asingly reco­gni­zing the importance of cyber security.
Acro­nis enables its custo­mers to outsource IT func­tions while ensu­ring high stan­dards of data secu­rity, inte­grity and reliability.
Through mana­ged service provi­der distri­bu­tion, Acro­nis is well posi­tio­ned to conti­nue to rapidly expand its custo­mer network.
With 15 loca­ti­ons world­wide and more than 1,700 employees, Acro­nis has a network that spans 150 count­ries and enables more than 20,000 service provi­ders to protect the data of over 750,000 organizations.
Johan­nes Reichel (Photo: EQT),
Part­ner and Co-Head of Tech­no­logy in EQT’s Private Equity Advi­sory team, said: “Acro­nis has built a strong market posi­tion as a cyber secu­rity and data protec­tion soft­ware plat­form by offe­ring a compel­ling propo­si­tion to mana­ged service provi­ders. EQT has follo­wed the company’s deve­lo­p­ment over many years and has been impres­sed by its perfor­mance and inno­va­tion. We are very exci­ted to part­ner with Acro­nis, the manage­ment team and exis­ting inves­tors in the next phase of growth.”
Ezequiel Stei­ner, CEO of Acro­nis, said: “We are very plea­sed to have EQT on board as a majo­rity share­hol­der who supports our stra­te­gic expan­sion and stands behind our growth vision. We would like to thank our exis­ting inves­tors for their support and are plea­sed that many of them will remain invol­ved. Most importantly, I would like to thank the Acro­nis team for the outstan­ding work that has enab­led us to achieve this.”
Phil Good­win, Rese­arch Vice Presi­dent at IDC, said of Acro­nis’ product offe­ring: “Data secu­rity is the foun­da­tion of cyber secu­rity and the two areas are incre­asingly intert­wi­ned. Acro­nis’ archi­tec­ture of inte­gra­ted data protec­tion, cyber secu­rity and remote manage­ment in a single, custo­mizable plat­form enables mana­ged service provi­ders and IT depart­ments to easily and relia­bly build a robust cyber readi­ness for their business.”
The closing of the tran­sac­tion is subject to custo­mary regu­la­tory appr­ovals and is expec­ted to close in the
1st to
2nd quar­ter of 2025. Advi­sor Acro­nis: Will­kie Farr & Gallag­her About EQT EQT is a global invest­ment orga­niza­tion with EUR 246 billion in assets under manage­ment (EUR 133 billion in fee-earning assets) across two busi­ness lines — Private Capi­tal and Real Assets.
EQT’s funds invest in compa­nies in Europe, Asia, the Paci­fic and the Ameri­cas. EQT supports its port­fo­lio compa­nies to achieve sustainable growth, opera­tio­nal excel­lence and market leadership.
www.eqtgroup.com About Acro­nis Acro­nis is a global cyber protec­tion company that provi­des directly inte­gra­ted cyber secu­rity, data protec­tion and endpoint manage­ment for mana­ged service provi­ders (MSPs), small and medium-sized busi­nesses (SMBs) and enter­prise IT departments.
Acro­nis solu­ti­ons are highly effec­tive and desi­gned to iden­tify, prevent, detect, respond to, reme­diate and reco­ver from modern cyber thre­ats with mini­mal downtime.
This complete approach ensu­res data inte­grity and busi­ness continuity.
Acro­nis offers the most compre­hen­sive secu­rity solu­tion on the market for MSPs with its unique ability to serve the needs of diver­si­fied and decen­tra­li­zed IT environments.
Acro­nis is a Swiss company foun­ded in Singa­pore in 2003 and has 15 offices and employees in over 50 count­ries worldwide.
Acro­nis Cyber Protect is available in 26 languages in 150 count­ries and is used by over 20,000 service provi­ders to protect over 750,000 organizations.
Learn more at www.acronis.com.

News

Munich — FSN Capi­tal, a private equity company based in Scan­di­na­via and Germany, has raised 588 million euros for its “FSN Capi­tal Confluence” fund.
The newly laun­ched fund focu­ses on the re-invest­ment in two port­fo­lio compa­nies whose regu­lar holding period is coming to an end.
FSN Capi­tal Confluence is acqui­ring the mana­ged IT service provi­der Nordlo and the traf­fic safety and infra­struc­ture solu­ti­ons provi­der Saferoad.
Both had been held by FSN Capi­tal Fund V since 2018. The new invest­ment by the conti­nua­tion fund provi­des both compa­nies with addi­tio­nal capi­tal and lays the foun­da­tion for the next growth phase. The fund was signi­fi­cantly over­sub­scri­bed at closing The inves­tors include leading insti­tu­tio­nal inves­tors, inclu­ding inter­na­tio­nal foun­da­ti­ons, pension funds and invest­ment mana­gers, some of whom were and are alre­ady invol­ved in previous FSN Capi­tal funds.
The main inves­tor is Liech­ten­stein-based LGT Capi­tal Part­ners; Alta­mar­CAM Part­ners and Cubera act as co-underwriters.
As a so-called conti­nua­tion fund, FSN Confluence follows a model that is still rela­tively new in the indus­try: initi­ally it was a vehicle for the conti­nua­tion of invest­ments that were diffi­cult to sell, but today it is gene­rally used to support successful compa­nies at the end of the previous fund term.
With the Capi­tal Confluence Fund, FSN aims to seam­lessly conti­nue its successful part­ner­ship with attrac­tive port­fo­lio compa­nies and thus support them on their contin­ued growth path.
“We were able to solve a common dilemma in such models with an attrac­tive cons­truct for all sides,” explains Robin Mürer, Co-Mana­ging Part­ner at FSN Capi­tal Part­ners.
“Unusually for the indus­try, we offe­red exis­ting inves­tors the oppor­tu­nity to switch to the conti­nua­tion fund at the previous condi­ti­ons. Many took advan­tage of this status quo roll­over option, while others used the oppor­tu­nity to raise liqui­dity,” the invest­ment expert continued.
For FSN Capi­tal Confluence’s two port­fo­lio compa­nies, the re-invest­ment repres­ents an oppor­tu­nity for addi­tio­nal orga­nic growth and further stra­te­gic add-on acquisitions.
Nordlo, which FSN Capi­tal formed through the merger of four Scan­di­na­vian IT compa­nies, has alre­ady made 15 such acqui­si­ti­ons and is one of the region’s leading provi­ders of mana­ged IT outsour­cing, cloud services and process digitization.
Safe­road is conside­red one of the largest Euro­pean service provi­ders for traf­fic safety.
Since the delis­ting in 2018 and the subse­quent split into Safe­road and ViaCon, the company has been on a steady growth path through FSN Capi­tal, driven by inno­va­tion, ESG leader­ship, opera­tio­nal excel­lence initia­ti­ves and stra­te­gic market conso­li­da­tion. Fred­rik Almén, CEO of Nordlosays: “The conti­nua­tion of the part­ner­ship opens up exci­ting new oppor­tu­ni­ties for further deve­lo­p­ment. With addi­tio­nal capi­tal, we can further expand Nordlo’s successful entre­pre­neu­rial model and grow through even larger acqui­si­ti­ons, both in the Nordics and in other markets.” Bernd Früh­wald, CEO of Safe­roadcommen­ted: “We look forward to conti­nuing our jour­ney toge­ther with FSN Capi­tal. We share a passion for road safety, sustainable infra­struc­ture and our goal to create value for our custo­mers, employees and society. Looking to the future, our part­ner­ship puts us in an excel­lent posi­tion to seize new oppor­tu­ni­ties and lead the way in our indus­try.” Michael Gentili, Head of Capi­tal Markets at FSN Capi­tal Part­nersadded: “Through FSN Capi­tal Confluence, the FSN Capi­tal funds reaf­firm their support and confi­dence in Nordlo and Safe­road and their manage­ment teams. It is parti­cu­larly plea­sing to have such high profile inves­tors at the helm with LGT Capi­tal Part­ners, Alta­mar­CAM Part­ners and Cubera and so many exis­ting FSN Capi­tal V inves­tors wanting to be part of this next phase of growth — we look forward to conti­nuing our jour­ney toge­ther.” André Aubert, Part­ner at LGT Capi­tal Part­ners“We have been cove­ring the secon­dary market for more than two deca­des and have focu­sed on attrac­tive, high-quality assets. With this tran­sac­tion, we are not only support­ing Nordlo and Safe­road, but also deepe­ning our part­ner­ship with FSN Capi­tal Part­ners. This crea­tes oppor­tu­ni­ties for both FSN Capi­tal V and our own inves­tors.” The advi­sers to the fund closing: Camp­bell Luty­ens and K&E About FSN Capi­tal FSN Capi­tal, one of the leading Nort­hern Euro­pean private equity firms, was foun­ded in 1999 and has four offices in Oslo, Stock­holm, Copen­ha­gen and, since 2017, Munich.
The four funds advi­sed by FSN Capi­tal have more than four billion euros under manage­ment; for the latest Fund VI, 1.8 billion euros were raised for invest­ments in Scan­di­na­via and the DACH region.
The funds make majo­rity invest­ments in growth-orien­ted compa­nies in order to support them in their contin­ued success and to make them even more sustainable, compe­ti­tive, inter­na­tio­na­li­zed and profitable.
True to the motto “We are decent people making a decent return in a decent way”, FSN Capital’s team of more than 90 people (25 of whom are based in Munich) is commit­ted to inves­t­ing respon­si­bly, achie­ving a posi­tive ESG impact on the port­fo­lio and gene­ra­ting market-leading returns.
Current port­fo­lio compa­nies in Germany include Bäcker Görtz, MEGABAD (Swash Group), Ecovium, Lobs­ter, impreg, Adra­gos Pharma, Rame­der and TASKING.
www.fsncapital.com

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Frank­furt am Main — Deut­sche Betei­li­gungs AG (DBAG) is inves­t­ing in UNITY AG — Akti­en­ge­sell­schaft für Unter­neh­mens­füh­rung und Infor­ma­ti­ons­tech­no­lo­gie (UNITY AG), a leading inter­na­tio­nal consul­ting firm specia­li­zing in tech­no­logy consul­ting and digi­ta­liza­tion processes.
A fund advi­sed by DBAG acqui­res a control­ling stake in UNITY AG.
The previous share­hol­der, UNITY Inno­va­tion Alli­ance, which in turn is owned by its foun­ders and employees, acqui­res an almost equal econo­mic stake.
In addi­tion, UNITY AG employees are also inves­t­ing directly in UNITY AG as part of the transaction.
This results in a constel­la­tion of strong part­ners through the capi­tal share ratios.
The tran­sac­tion, which is still subject to appr­oval by the anti­trust autho­ri­ties, is expec­ted to be comple­ted by the end of the third quar­ter of 2024.
The parties have agreed not to disc­lose the terms of the sale. Holi­stic consul­ting approach for sustainable success UNITY AG, which was named as one of the 14 most important manage­ment consul­tancies in Germany in the renow­ned Lünen­donk® List 2024, offers compre­hen­sive services to clients such as AIRBUS, GEA, Luft­hansa Tech­nik, Merce­des-Benz, Miele and the Univer­sity Hospi­tal of Cologne.
From 14 loca­ti­ons, almost 400 employees enable UNITY AG custo­mers to successfully posi­tion them­sel­ves in the age of digi­ta­liza­tion and sustaina­bi­lity — in 2023, a total output of more than 72 million euros was generated.
Tradi­tio­nal, isola­ted consul­ting approa­ches fall short due to the complex chal­lenges of digi­tal transformation.
This is UNITY AG’s core area of expertise.
It offers its custo­mers the expe­ri­ence of hundreds of successful projects paired with the inno­va­tive power of conti­nuous further deve­lo­p­ment of its areas of exper­tise and consul­ting approaches.
The strong growth of UNITY AG also charac­te­ri­zes this strategy.
In recent years, the company has grown by an average of 13 percent per year, clearly outper­forming the over­all market in Germany (approx. seven percent). UNITY AG is an ideal addi­tion to DBAG’s port­fo­lio The invest­ment decis­ion stems from the fact that the digi­ta­liza­tion market is largely resi­li­ent to macroe­co­no­mic effects.
The demand for consul­ting services is charac­te­ri­zed by struc­tu­ral growth and ther­e­fore offers attrac­tive deve­lo­p­ment opportunities.
These can be further inten­si­fied through the imple­men­ta­tion of stra­te­gic M&A transactions.
As a manage­ment consul­tancy, UNITY AG fits seam­lessly and comple­men­ta­rily into DBAG’s IT services and soft­ware port­fo­lio, which accounts for around 17 percent of the over­all portfolio.
The invest­ment in UNITY AG will bene­fit from this sector exper­tise and DBAG’s network.
Both are fed by current (akqui­net, AOE, Cloudf­light, freiheit.com) and former (in-tech, Solva­res) invest­ments. “UNITY AG is an ideal addi­tion to our port­fo­lio. The company impres­ses with its inno­va­tive and inte­gra­tive consul­ting approach, which goes far beyond pure IT consul­ting. UNITY AG supports custo­mers as a spar­ring part­ner along the entire value crea­tion process. This turns them into digi­tal cham­pi­ons and also enables them to take the deman­ding chal­lenges of digi­ta­liza­tion into their own hands. Toge­ther with the foun­ders, board members and part­ners of UNITY AG, this forms the basis for the growth path that we have jointly defi­ned and that will be pursued in the coming years,” says Jannick Hune­cke, Member of the Manage­ment Board of Deut­sche Betei­li­gungs AG (Photo: DBAG).
Values and manage­ment systems guaran­tee success UNITY AG orga­ni­zes its services within seven service units, inclu­ding Cyber Secu­rity, IT Trans­for­ma­tion and Sustainability.
The range of services is value-orien­ted and is based on “Inno­vate”, “Inte­grate”, “Trans­form” and “Realize”.
These values are the foun­da­tion of the consul­ting approach and ensure successful project implementation.
The UNITY AG manage­ment system plays a central role in the corpo­rate stra­tegy, focu­ses action on a concrete target image and serves as a compass in consulting.
By conti­nuously analy­zing new trends, UNITY AG is able to anti­ci­pate and iden­tify dyna­mic and tech­no­lo­gi­cal deve­lo­p­ments at an early stage.
The high quality of the manage­ment system is regu­larly confirmed by exter­nal certi­fi­ca­ti­ons, inclu­ding the inter­na­tio­nally valid DIN EN ISO 9001:2015 and DIN EN ISO/IEC 27001:2017 for infor­ma­tion secu­rity management.
Future-orien­ted consul­ting for digi­tal change “We are looking forward to great growth oppor­tu­ni­ties thanks to our brand core of ‘inno­va­tion, digi­ta­liza­tion and trans­for­ma­tion’. This can be further lever­a­ged through stra­te­gic acqui­si­ti­ons. DBAG’s diverse M&A expe­ri­ence also helps us here. In this respect, we are very much looking forward to the colla­bo­ra­tion and the oppor­tu­nity to work toge­ther on our stra­te­gic deve­lo­p­ment,” says
Chris­toph Plass, foun­der and CEO of UNITY AG, explains further: “We have found the ideal inves­tor in DBAG. Its proxi­mity to SMEs and its sector exper­tise repre­sent real added value for UNITY AG. In addi­tion to these tech­ni­cal factors, the ‘cultu­ral fit’ also played a decisive role for us — we not only share a common vision, but also the same values.”
Dr.-Ing. Frank Thie­le­mann, long-stan­ding CEO of UNITY AG, adds: “In recent years, we have reali­zed a very successful orga­nic growth story. The indus­try and custo­mer port­fo­lio that we have built up is an excel­lent basis, also for our orga­nic growth in the coming years. The conti­nua­tion of this path — coupled with the addi­tio­nal oppor­tu­ni­ties of acqui­si­ti­ons with our strong inves­tor DBAG — will lead to a more ambi­tious growth path.”
UNITY AG is commit­ted to active transformation.
In this respect, the corpo­rate stra­tegy is geared towards linking all rele­vant econo­mic and ecolo­gi­cal factors in order to conti­nuously increase custo­mer and employee satisfaction.
This claim is under­li­ned by various awards.
These include the fifth “Best of Consul­ting” award from Wirt­schafts­Wo­che, the “Top Company” award from the employer rating portal kununu and the “Very Good Employer” award from the inter­na­tio­nal rese­arch and consul­ting insti­tute Great Place to Work®.
In addi­tion, nume­rous certi­fi­ca­ti­ons and member­ships in the ESG context, such as the UN GLOBAL Compact, the German Sustaina­bi­lity Code, the ecova­dis® award and the ÖKOPROFIT® certi­fi­ca­tion, demons­trate UNITY AG’s high level of ESG commit­ment. About DBAG Deut­sche Betei­li­gungs AG (DBAG), which has been listed on the stock exch­ange since 1985, is one of the most renow­ned private equity compa­nies in Germany. As an inves­tor and fund advi­sor, DBAG’s invest­ment focus has tradi­tio­nally been on medium-sized compa­nies with a focus on well-posi­tio­ned compa­nies with deve­lo­p­ment poten­tial, prima­rily in the DACH region. The indus­try focus is on manu­fac­tu­ring compa­nies, indus­trial service provi­ders and Indus­try­Tech compa­nies — i.e. compa­nies whose products enable auto­ma­tion, robo­tics and digi­tiza­tion — as well as compa­nies from the broad­band tele­com­mu­ni­ca­ti­ons, IT services, soft­ware and health­care sectors. Since 2020, DBAG has also been repre­sen­ted in Italy with its own office in Milan. Assets mana­ged or advi­sed by the DBAG Group amount to appro­xi­m­ately 2.6 billion euros. As part of its stra­te­gic part­ner­ship with ELF Capi­tal Group, DBAG is adding private debt capi­tal to its range of flexi­ble finan­cing solu­ti­ons for SMEs.

News

Berlin — identity.vc has laun­ched the first Euro­pean LGBTQ+ venture capi­tal fund with a target volume of EUR 50 million.
The inves­tor team includes Til Klein, former BCG part­ner and FinTech foun­der, Jochen Beut­gen, family office inves­tor with 20 years of expe­ri­ence in venture capi­tal and Mari Luuk­kai­nen, marke­ting expert and former inves­tor at Icebreaker.vc.
Identity.vc invests prima­rily in LGBTQ+-led start-ups at foun­der or manage­ment level (C‑level) across all industries.
The focus is on young compa­nies, from the pre-seed to the Series A phase, prima­rily in Europe, but also beyond.
The social impact fund (Article 9 SFDR) has alre­ady made four invest­ments, inclu­ding in the Berlin start-up Front­now, which has deve­lo­ped an AI solu­tion for online retail­ers, and in the London start-up Omni, which offers vegan dog food. POELLATH advi­sed identity.vc on all contrac­tual, regu­la­tory and tax aspects of the fund struc­tu­ring and contrac­tual docu­men­ta­tion with the follo­wing Berlin team: Dr. Philip Schwarz van Berk (Photo, Part­ner, Lead, Private Funds) Katha­rina Hammer (Asso­ciate, Private Funds) 

About PÖLLATH POELLATH is a market-leading inter­na­tio­nal busi­ness and tax law firm with more than 180 lawy­ers and tax advi­sors in Berlin, Frank­furt and Munich. We stand for high-end advice on tran­sac­tions and asset manage­ment. We offer legal and tax services from a single source. In our selec­ted and highly specia­li­zed prac­tice groups, we not only know the law, but also shape best prac­tice in the market toge­ther with our clients. Natio­nal and inter­na­tio­nal rankings regu­larly list our consul­tants as leading experts in their field. We offer compre­hen­sive services in the follo­wing areas: Mergers & Acqui­si­ti­ons | Private Equity | Venture Capi­tal | Private Funds | Real Estate Law | Corpo­rate and Capi­tal Markets Law | Finan­cing | Tax Law | Succes­sion and Assets | Foun­da­ti­ons and Non-Profit Orga­niza­ti­ons | IP/IT, Distri­bu­tion and Anti­trust Law | Liti­ga­tion and Arbitration.
www.pplaw.de www.identity.vc

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Munich — Biomat­ter, a company in the field of synthe­tic biology, closes a seed finan­cing round of 6.5 million euros.
UVC Part­ners and Inven­ture VC lead the round.
Exis­ting inves­tors Prac­tica Capi­tal and Meta­pla­net, as well as busi­ness angels and indus­try experts, are also participating.
The start-up plans to use the fresh capi­tal to further expand the plat­form and create funda­men­tally new enzymes.
Enzy­mes play a key role in various indus­trial appli­ca­ti­ons, such as in diagno­stics, for exam­ple with DNA poly­me­ra­ses, in gene therapy, for exam­ple with CRISPR, in biofuels, for exam­ple with cellu­la­ses, or in agri­cul­ture, for exam­ple with phytases.
Every new appli­ca­tion requi­res a new enzyme.
The design of new enzy­mes is curr­ently still leng­thy — the process can take months or years -, expen­sive and based on trial-and-error scree­ning around small impro­ve­ments to natu­rally occur­ring enzymes.
Biomatter’s tech­no­logy makes it possi­ble to over­come these chal­lenges with gene­ra­tive AI (arti­fi­cial intelligence).
“Enzy­mes will play a promi­nent role in the future of the bioe­co­nomy — they are the criti­cal element that will ulti­m­ately allow us to create new mole­cu­les, cells and orga­nisms for the world. The enzy­mes we have successfully deve­lo­ped for our global part­ners to date demons­trate our ability to go far beyond the simple opti­miza­tion of known enzy­mes. At Biomat­ter, we believe that the unli­mi­ted capa­city to design funda­men­tally new enzy­mes will help shape a better future for all,” says Laury­nas Karpus, co-foun­der and CEO of Biomatter.
Inno­va­tive tech­no­logy for a sustainable future Back in 2019, the Biomat­ter team published a key study show­ing that their gene­ra­tive AI tool can under­stand the intri­ca­cies of large amounts of enzyme data and use the infor­ma­tion to design enti­rely new enzymes.
This was a signi­fi­cant breakth­rough, demons­t­ra­ting for the first time the ability to create fully func­tional enzy­mes with gene­ra­tive AI.
The Intel­li­gent Archi­tec­ture™ plat­form is the result of these years of research.
Enzy­mes can be rede­si­gned as if on a drawing board: First, the ideal proper­ties of the enzyme are descri­bed, carefully conside­ring the end application.
The enzy­mes are then desi­gned from scratch or exis­ting natu­ral protein scaf­folds are redesigned.
This enables deve­lo­pers of new prote­ins to build precis­ely fitting mole­cu­les from the very first atoms.
This inno­va­tion has been made possi­ble by the deve­lo­p­ment of new gene­ra­tive AI and physi­cal models that are constantly impro­ving at a rapid pace with expe­ri­men­tal vali­da­tion in labo­ra­to­ries to create unique enzy­mes. “AI-powered protein design is curr­ently one of the most exci­ting and dyna­mic areas for venture capi­tal. Biomatter’s inno­va­tive approach to desig­ning funda­men­tally new enzy­mes allows them to break the boun­da­ries of natu­ral enzy­mes, leading to breakth­roughs in biotech­no­logy. We are deeply impres­sed by the strength of the team and are convin­ced that Biomat­ter is a pioneer in the field of AI-based protein design,” says Dr. Oliver Schoppe, Prin­ci­pal at UVC Part­ners. Appli­ca­tion of unique enzy­mes in various indus­tries Using the Intel­li­gent Archi­tec­ture™ plat­form, Biomat­ter crea­tes custo­mi­zed enzy­mes for various indus­tries, inclu­ding chemi­cal biopro­duc­tion, agri­cul­ture, food and medicine.
Custo­mers include compa­nies such as Thermo Fisher Scien­ti­fic, BASF and Neogen.
Kirin, a global leader in nutri­tion and health, achie­ved a breakth­rough in infant nutri­tion with Biomatter’s solu­tion: The colla­bo­ra­tion yiel­ded amazing results in the effi­ci­ent produc­tion of human milk oligos­ac­cha­ri­des (HMOs).
The focus here was speci­fi­cally on one of the most important HMOs in human milk (lacto-N-fuco­pen­ta­ose I; LNFP I for short).
HMOs are criti­cal to infant health and provide nume­rous bene­fits such as support­ing gut health, streng­thening the immune system and protec­ting against infection.
The ability to produce HMOs like LNFP I on an indus­trial scale means that more infants world­wide can have access to these bene­fits. About Biomat­ter Biomat­ter is a synthe­tic biology company that crea­tes new enzy­mes for medi­cal and indus­trial applications.
Through part­ner­ships with global compa­nies (inclu­ding Thermo Fisher Scien­ti­fic, BASF, Neogen) across multi­ple indus­tries, Biomat­ter is brin­ging new products and tech­no­lo­gies to market enab­led by its unique enzymes.
This funding round marks a signi­fi­cant mile­stone for Biomat­ter and posi­ti­ons the company well for the comple­tion of its next major mile­sto­nes and future growth.
More at www.biomatter.com About UVC Part­ners UVC Part­ners is a Munich and Berlin based early stage venture capi­tal firm inves­t­ing in Euro­pean B2B start-ups in the fields of enter­prise soft­ware, indus­trial tech­no­lo­gies and mobi­lity. The fund gene­rally invests between €0.5 and €10 million at the outset and up to €30 million in total per company. The port­fo­lio compa­nies bene­fit from the exten­sive invest­ment and exit expe­ri­ence of the manage­ment team as well as from the close coope­ra­tion with Unter­neh­mer­TUM, Europe’s leading inno­va­tion and start-up center. With over 400 employees and more than 100 indus­try part­ners, Unter­neh­mer­TUM can draw on many years of expe­ri­ence in buil­ding young compa­nies. This colla­bo­ra­tion gives UVC Part­ners the oppor­tu­nity to provide start­ups with unique access to talent, indus­try clients and other finan­cial part­ners. www.uvcpartners.com

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Munich, Germany, West­mins­ter, Colo­rado — Dcubed, a German NewSpace provi­der, has successfully closed a Series A finan­cing round that was over­sub­scri­bed by 26%.
Eight well-known inves­tors from France, Sweden, Germany and the US parti­ci­pa­ted in the round, inclu­ding Expan­sion and BayBG as lead inves­tors as well as HTGF, Aure­lia Foundry, Ventis, Rymd­ka­pi­tal and Decisive Point Europe.
The funds will be stra­te­gi­cally deployed to quadru­ple the produc­tion of satel­lite actua­tors by the end of 2024 to meet the expec­ted demand of over 100,000 satel­lite laun­ches in the coming years.
In addi­tion, Dcubed aims to extend its leader­ship in space manu­fac­tu­ring tech­no­lo­gies criti­cal to the deve­lo­p­ment of high-power satel­li­tes, space solar power, lunar bases and the acce­le­ra­tion of space exploration.
To support these plans, Dcubed is also expan­ding its presence in the U.S., NewSpace’s largest market, by opening an office in West­mins­ter, Colo­rado.
The new office will be headed by Andria Fortier as Mana­ging Direc­tor, who will over­see opera­ti­ons in the US and foster stra­te­gic rela­ti­onships with Ameri­can custo­mers and partners.
Dcubed also plans to demons­trate a world first in 2025 by 3D prin­ting a high-perfor­mance solar panel in free space.
The initia­tive is supported by the Euro­pean Inno­va­tion Coun­cil of the Euro­pean Commis­sion with 9.5 million euros.
“Despite a tense global finan­cial envi­ron­ment, inves­tors signi­fi­cantly over­sub­scri­bed our Series A round.
This finan­cing round demons­tra­tes the market’s high confi­dence in our capabilities.
Toge­ther with our global inves­tors, we now have a solid foun­da­tion to drive future growth in the booming space market.
With the new finan­cing, we will quadru­ple the produc­tion of our current product.
At the same time, we are stri­ving for the ’next big thing’ in space by taking a pionee­ring role in the field of manu­fac­tu­ring in space.
With the opening of our US office, we are tapping into the most dyna­mic space ecosys­tem in the world to further expand our global foot­print and deve­lop space inno­va­tions for years to come,” explains Thomas Sinn, CEO of Dcubed.
“Deep tech and NewSpace start-ups need to show that they can make money while pursuing a big vision.
Dcubed has done this impres­si­vely in recent years.
As lead inves­tor in the seed round, I am very plea­sed about the closing of the Series A and see my invest­ment thesis confirmed,” says Chris­tian Ziach, Prin­ci­pal at HTGF. “Space is one of the fastest growing markets.
The market volume is expec­ted to quadru­ple from around 500 billion dollars to 2 tril­lion dollars in just ten years,” comm­ents Ted Elvhage, Gene­ral Part­ner at Expan­sion Aero­space Ventures.
Dcubed also plans to demons­trate a world first in 2025 by 3D prin­ting a high-perfor­mance solar module in free space. The initia­tive is supported by the Euro­pean Inno­va­tion Coun­cil of the Euro­pean Commis­sion with 9.5 million euros. About Dcubed Dcubed, a NewSpace company based in Munich, Germany, makes space missi­ons acces­si­ble by deve­lo­ping dura­ble and afforda­ble release actua­tors, solar arrays and deploya­ble components.
Utili­zing paten­ted shape memory tech­no­logy and proprie­tary origami struc­tures, Dcubed’s products are supe­rior in cost, mass and volume while offe­ring increased relia­bi­lity, dura­bi­lity and reusability.
Serving a global custo­mer base in over 20 count­ries on 4 conti­nents, Dcubed offers imme­diate product avai­la­bi­lity through its Euro­pean supply chain and is ready to help you realize more cost-effec­tive and frequent space missions.
By deve­lo­ping tech­no­lo­gies to manu­fac­ture large struc­tures directly in space, Dcubed is at the fore­front of space manu­fac­tu­ring and is truly doing great things in space. About High-Tech Grün­der­fonds The seed inves­tor High-Tech Grün­der­fonds (HTGF) finan­ces tech­no­logy start-ups with growth poten­tial and has supported more than 750 start-ups since 2005. With the launch of the fourth fund, HTGF has around 1.4 billion euros under manage­ment. The team of expe­ri­en­ced invest­ment mana­gers and start-up experts supports the young compa­nies with know-how, entre­pre­neu­rial spirit and passion. The focus is on high-tech start-ups in the fields of digi­tal tech, indus­trial tech, life scien­ces, chemis­try and rela­ted busi­ness areas. To date, exter­nal inves­tors have inves­ted around EUR 6 billion in the HTGF port­fo­lio in more than 2,000 follow-up finan­cing rounds. In addi­tion, the fund has alre­ady successfully sold shares in more than 180 compa­nies. Fund inves­tors in the public-private part­ner­ship include the German Fede­ral Minis­try for Econo­mic Affairs and Climate Protec­tion, KfW Capi­tal, and 45 compa­nies from a wide range of indus­tries. www.htgf.de

News

Wetz­lar / Feld­kir­chen-Wester­ham / Munich — Nach­fol­ge­kon­tor, in asso­cia­tion with sonn­tag corpo­rate finance one of Germany’s leading M&A advi­sory bouti­ques for medium-sized compa­nies, is support­ing the owners of roofing specia­list JNS Dach­tech­nik GmbH (“JNS”) in its merger with the Wierig Group (“Wierig”), a port­fo­lio company of Vidia Equity (“Vidia”).
Alex­an­der Neureit­her from the owner family will remain invol­ved in the future joint venture in his role as Mana­ging Direc­tor and as part of a growth partnership.
JNS, based in Feld­kir­chen-Wester­ham, was foun­ded in 1982 and is a long-stan­ding specia­list in the water­pro­ofing and reno­va­tion of flat roofs and the instal­la­tion of photo­vol­taic systems.
With a service port­fo­lio ranging from consul­ting and service work to project plan­ning and execu­tion, JNS mainly serves commer­cial and public custo­mers in the Alpine region, parti­cu­larly in the Munich and Rosen­heim area as well as in Upper Bava­ria and Austria.
The company’s high-profile custo­mer base includes nume­rous DAX-listed and inter­na­tio­nal corpo­ra­ti­ons as well as public-sector clients, inclu­ding JNS, which was respon­si­ble for the reno­va­tion of the roofs of the Deut­sches Museum in Munich and Schloss Elmau in Krün.
JNS curr­ently employs around 50 people and most recently gene­ra­ted a total output of around 14 million euros.
Wierig is an estab­lished family busi­ness with over 130 years of history and specia­li­zes in the water­pro­ofing and reno­va­tion of flat roofs and photo­vol­taic systems for indus­trial and commer­cial customers.
With over 200 employees at five loca­ti­ons in Germany, Wierig offers complete solu­ti­ons from plan­ning and execu­tion to conti­nuous roof main­ten­ance and monitoring.
Vidia is a medium-sized invest­ment company based in Munich that specia­li­zes in invest­ments in the field of indus­trial climate solu­ti­ons to promote decarbonization.
In Decem­ber 2023, Vidia Climate Fund I acqui­red a majo­rity stake in the Sieburg-based Wierig Group with the stra­tegy of lever­aging opera­tio­nal value crea­tion poten­tial and incre­asing the Group’s clout through selec­ted add-on acquisitions.
The merger of JNS and Wierig repres­ents the next mile­stone in the successful imple­men­ta­tion of this strategy.
Both compa­nies are united by their charac­ter as a family busi­ness and their focus on indus­trial flat roofs.
In future, the group will be able to offer custo­mers opera­ting nati­on­wide an even more compre­hen­sive range of services. In-depth exper­tise for succes­sion plan­ning in the trades Decar­bo­niza­tion in the wake of climate change is a global mega­trend, and the instal­la­tion indus­try is a key pillar in tack­ling it on a natio­nal level.
The tradi­tio­nally medium-sized and frag­men­ted skil­led trades sector is simul­ta­neously confron­ted with chal­lenges such as regu­la­tory chan­ges, a shortage of skil­led workers and a lack of company succession.
For affec­ted compa­nies, merging with larger groups is ther­e­fore often an option.
For the Nach­fol­ge­kon­tor project team, consis­ting of Sebas­tian Ring­leb and Dennis Minnert, the growth part­ner­ship they supported is part of a series of tran­sac­tions in this context. Sebas­tian Ring­leb, Part­ner in charge at Nach­fol­ge­kon­tor, says: “The roof is beco­ming incre­asingly important for property owners. Espe­ci­ally in the indus­trial sector, compa­nies rely on their produc­tion and storage faci­li­ties being fully protec­ted from the weather. The incre­asing preva­lence of photo­vol­taic systems for energy gene­ra­tion further increa­ses the rele­vance. The indus­try can ther­e­fore look forward to a posi­tive future. The part­ner­ship between JNS and Wierig will not only streng­then the market posi­tion of both compa­nies, but will also make an important contri­bu­tion to the energy tran­si­tion and the decar­bo­niza­tion of the buil­ding sector.” About Nach­fol­ge­kon­tor and sonn­tag corpo­rate finance Nach­fol­ge­kon­tor GmbH, in asso­cia­tion with sonn­tag corpo­rate finance GmbH, is one of the leading M&A advi­sory firms in the German SME sector. The team of almost 30 experts accom­pa­nies medium-sized entre­pre­neurs exclu­si­vely through the entire sales process. “Our task is to safe­guard life’s work,” is how we see oursel­ves. In doing so, custo­mers bene­fit from a unique approach that has won multi­ple awards from the busi­ness press, and which protects the iden­tity of their compa­nies to a special degree. Thanks to their excel­lent access to medium-sized compa­nies, Nach­fol­ge­kon­tor and sonn­tag corpo­rate finance have also estab­lished them­sel­ves as a strong part­ner at the side of renow­ned natio­nal and inter­na­tio­nal major compa­nies and inves­tors in acqui­si­ti­ons. This is also demons­tra­ted by the top posi­tion recently achie­ved at the Merger­mar­ket League Table. With a total of ten accom­pa­nied tran­sac­tions in the first quar­ter of 2024, the M&A consul­tancy ranks first in Germany.
www.nachfolgekontor.de | www.sonntagcf.com About JNS Dach­tech­nik GmbH jns-dachtechnik.de

News

Frank­furt a. Main — Infle­xion, a leading Euro­pean mid-market private equity firm, is plea­sed to announce that it has part­ne­red with the foun­ders of Tier­arzt Plus Part­ner (“TPP”), Germany’s largest group of vete­ri­nary prac­ti­ces, to support the company’s contin­ued growth and expan­sion. The invest­ment is being made by Inflexion’s Buyout Fund VI. TPP was foun­ded in 2018 and has almost 100 vete­ri­nary prac­ti­ces throug­hout Germany with around 1,700 employees. The company works with local vete­ri­na­ri­ans to provide leading animal health services, prima­rily for small animals, and supports them with compre­hen­sive trai­ning, indus­try best prac­ti­ces and signi­fi­cant invest­ment in tech­no­logy. The market for vete­ri­nary services in Germany remains frag­men­ted and offers considera­ble poten­tial for further conso­li­da­tion and growth. Infle­xion plans to leverage its exten­sive indus­try expe­ri­ence to work with TPP’s foun­ding manage­ment and share­hol­ders to acce­le­rate the company’s growth. In parti­cu­lar, Infle­xion will support further invest­ments in the digi­ta­liza­tion of the company, in trai­ning and in the expan­sion of the vete­ri­nary prac­tice network in Germany, both through acqui­si­ti­ons and by opening new green­field sites. “As the largest and most successful vete­ri­nary network in Germany, TPP offers an excel­lent plat­form for future growth and deve­lo­p­ment. We look forward to combi­ning our exten­sive expe­ri­ence in this sector with the exper­tise of TPP’s foun­ders and an outstan­ding manage­ment team to further grow the busi­ness,” explains Martin Preuss (photo © Infle­xion), since March 2024 Part­ner and Head of DACH at Infle­xion. Fabian Kröll, Co-Foun­der and CEO, TPP, said: “We look forward to working with Infle­xion to conti­nue inves­t­ing in the growth of our busi­ness and the deve­lo­p­ment of our network. Our foun­ding and leader­ship team will remain on board and we will stay true to our mission of crea­ting the best expe­ri­ence for animals and people every day.” About Infle­xion Infle­xion is a leading Euro­pean mid-market private equity firm that invests in high-growth, entre­pre­neu­rial compa­nies with ambi­tious manage­ment teams, typi­cally valued between €50m and €1bn, and works in part­ner­ship with these compa­nies to acce­le­rate growth. Infle­xion has € 12 billion AUM and invests up to € 600 million of equity per invest­ment in majo­rity tran­sac­tions with various funds, but also in mino­rity tran­sac­tions with Europe’s largest specia­li­zed fund. www.https://www.inflexion.com

News

Stockholm/Hamburg — The Swedish soft­ware company Funnel AB has acqui­red the German AdTriba GmbH, a provi­der of marke­ting attri­bu­tion solutions.
A team led by Hamburg HEUKING part­ner Dr. Jörg Schewe advi­sed Funnel AB compre­hen­si­vely on all legal and tax aspects of the transaction.
The take­over is a further deve­lo­p­ment of the coope­ra­tion between the two compa­nies, which has alre­ady exis­ted for seve­ral years.
The acqui­si­tion of AdTriba streng­thens Funnel’s posi­tion as a leading provi­der of marke­ting intel­li­gence soft­ware in Europe.
Funnel provi­des a plat­form that makes it possi­ble to coll­ect, harmo­nize and visua­lize data from various marke­ting sources.
AdTriba offers a solu­tion to measure and opti­mize the contri­bu­tion of each marke­ting chan­nel to busi­ness success.
By inte­gra­ting AdTriba into the Funnel plat­form, Funnel’s custo­mers can now also analyze and improve the effec­ti­ve­ness of their marke­ting campaigns across diffe­rent channels.
Funnel AB is an inter­na­tio­nal soft­ware company head­quar­te­red in Stock­holm that has specia­li­zed in provi­ding clear dash­boards to help compa­nies coll­ect, report and export infor­ma­tion since its foun­da­tion in 2014.
With more than 2,000 custo­mers in over 60 count­ries, inclu­ding well-known brands such as Adidas, Sony, Uber, Triv­ago and Home Depot, Funnel AB employs around 350 people at loca­ti­ons in Stock­holm, Dublin, London and Boston.
Funnel AB has so far recei­ved more than 100 million US dollars in finan­cing from seve­ral well-known inves­tors over seve­ral finan­cing rounds.
AdTriba GmbH is a German soft­ware company based in Hamburg that was foun­ded in 2015.
With around 20 employees, it offers a marke­ting attri­bu­tion solu­tion that makes it possi­ble to measure and opti­mize the influence of each indi­vi­dual marke­ting chan­nel on the custo­mer jour­ney and to deter­mine the ROI of campaigns.
AdTriba GmbH has more than 30 clients in Germany, Austria and Switz­er­land, inclu­ding well-known brands such as Flix­bus, Deuba, Axel Sprin­ger Verlag, Douglas, Free­now and Montblanc.
Advi­sors Funnel AB / Funnel Holding AB: HEUKING Dr. Jörg Schewe (lead, M&A/Corporate), Dr. Henrik Lay (Tax), both Hamburg, Dr. Lutz Keppe­ler (IT/GDPR), Colo­gne, Caro­line Frohn­wie­ser (M&A/Corporate), Simon Pommer, LL.M. (Tax), Dr. Julia Fied­ler, LL.B., Theresa Arndt, LL.M. (both Labor Law, Employ­ment), Larissa Krebs (Corpo­rate, Finance), all Hamburg, Dr. Ruben Schnei­der (IT/GDPR), Cologne
Further advi­sors Funnel AB / Funnel Holding: Advo­kat­fir­man Vinge KB (Stock­holm) Matthias Pannier, Johan Winner­blad Filip Magnus­son, Adrian Filipovic

News

Munich — A Munich-based team of the global law firm Good­win has advi­sed Kipu Quan­tum GmbH (“Kipu”) on the stra­te­gic acqui­si­tion of the PlanQK plat­form for quan­tum appli­ca­ti­ons from Anaqor AG.
The PlanQK plat­form makes quan­tum compu­ting acces­si­ble in various sectors and serves a broad range of users from leading compa­nies such as BASF, DB Systel GmbH, T‑LABS and TRUMPF.
The bund­ling of compe­ten­cies of Kipu Quan­tum and PlanQK will signi­fi­cantly simplify the connec­tion of quan­tum compu­ting in various sectors such as the phar­maceu­ti­cal, chemi­cal, logi­stics and finan­cial indus­tries, thus enab­ling an early quan­tum advantage.
Kipu Quan­tum is a German company deve­lo­ping ground­brea­king, appli­ca­tion- and hard­ware-speci­fic quan­tum algo­rithms for a variety of industries.
PlanQK is an open, commu­nity-based plat­form for quan­tum applications.
With 30 successfully proven use cases and more than 100 part­ners, PlanQK is a pioneer in the field of quan­tum platforms.
PlanQK was initia­ted in 2019, conti­nuously deve­lo­ped toge­ther with leading univer­si­ties and compa­nies and supported as a light­house project by the German govern­ment. Advi­sor Kipu Quan­tum: Good­win LLP Corporate/Private Equity: Silvio McMi­ken (Counsel/ Photo), Florian Hirsch­mann (Part­ner, both lead), Tobias Schulz (Asso­ciate, Munich) Tax: Oded Schein (Part­ner), Phil­ipp Lauer (Asso­ciate, Munich) 

News

Berlin — KD Pharma Group (“KD Pharma”), a leading CDMO in the field of phar­maceu­ti­cal and nutri­tio­nal lipids and port­fo­lio company of Capi­ton, announ­ces the acqui­si­tion of the Marine Lipids busi­ness of dsm-firmenich.
As part of the tran­sac­tion, dsm-firmenich will acquire a mino­rity stake in KD Pharma and become a co-share­hol­der along­side the Capi­ton Omega Conti­nua­tion Fund vehic­les and other mino­rity shareholders.
The tran­sac­tion will close during 2024, subject to custo­mary regu­la­tory appr­ovals, and includes dsm-firmenich’s Marine Lipids fish oil omega‑3 busi­ness for the dietary supple­ment and phar­maceu­ti­cal markets, toge­ther with the manu­fac­tu­ring faci­li­ties in Piura, Peru, and Mulgrave, Canada.
This tran­sac­tion will create a well-equip­ped player in the marine lipids market by combi­ning the best of the two compa­nies and their respec­tive exper­tise with the scale of dsm-firmenich’s sites in Piura and Mulgrave and the high concen­tra­tion capa­bi­lity of KD Pharma.
The enlar­ged KD Pharma Group will bene­fit from the expan­ded product range and custo­miza­tion capa­bi­li­ties supported by the increased produc­tion capacity.
Oscar Groet, CEO of KD Pharma, said: “We are deligh­ted to welcome dsm-firmenich’s Marine Lipids port­fo­lio to KD Pharma, a move that fits perfectly with our stra­te­gic vision to become the tech­no­logy leader in lipids.”
Further infor­ma­tion can be found at KD Pharma Group News.
https://kdpharmagroup.com/ capi­ton AG and KD Pharma Group were advi­sed by Jeffe­ries as buyer advi­sor, CMS Hasche Sigle, Baker McKen­zie, A&O Shear­man, EY, BDO, Herter & Co.
A Teneo Company, Roland Berger and Howden M& A.
The tran­sac­tion was nota­ri­zed by Dr. Patrick Auer­bach (NEON) and is subject to custo­mary regu­la­tory approvals.

News

Frank­furt a. Main — Will­kie Farr & Gallag­her LLP has advi­sed 3i Group plc (“3i”) on the acqui­si­tion of its stake in Weener Plas­tics (“Weener”) for an enter­prise value of EUR 838 million in Silgan Holdings Inc (“Silgan”).
Weener, head­quar­te­red in Ede, the Nether­lands, employs more than 4,000 people and has 23 produc­tion faci­li­ties in 15 count­ries worldwide.
The company is a global manu­fac­tu­rer of inno­va­tive plas­tic pack­a­ging solu­ti­ons with a strong focus on dosing, pack­a­ging and capping.
Weener designs, deve­lops and produ­ces high and multi-value closures, caps, roll-ons, jars and bott­les for the perso­nal care, food, home care and health­care industries.
The acqui­si­tion is still subject to regu­la­tory appr­ovals and is expec­ted to be comple­ted in Q4 2024. Advi­sors to 3i Group plc: Will­kie Farr & Gallag­her LLP 
The Will­kie team was led by part­ners Georg Linde (Corporate/M&A, Frank­furt) and Dr. Axel Wahl (Corporate/M&A, Munich) and included part­ners Dr. Jasmin Dett­mar (Finance), Dr. Patrick Meiisel, Dr. Bettina Bokeloh (Tax, all Frank­furt), Dr. Richard Roeder The Will­kie team was led by part­ners Georg Linde (Corporate/M&A, Frank­furt) and Dr. Axel Wahl (Corporate/M&A, Munich) and compri­sed part­ners Dr. Jasmin Dett­mar (Finance), Dr. Patrick Meiisel, Dr. Bettina Bokeloh (Tax, all Frank­furt), Dr. Richard Roeder (compli­ance, Munich) and Philip Girar­det (anti­trust and compe­ti­tion law, London), coun­sel Sebas­tian Bren­ner (corporate/M&A), Martin Waśkow­ski (employ­ment law) and Johan­nes Schmidt (liti­ga­tion, all Frank­furt) as well as asso­cia­tes Dr. Chris­tina Papa­di­mi­triou-Kowal­c­zyk, Leota Walter, Nico­las Kers­ten, Jonas Volk, (Corporate/M&A) Aurel Hille (Anti­trust and Compe­ti­tion Law), Martin Reichert (Finance), Marcel Seemaier (Tax), Chris­tian Herzig Roldán (Corporate/Capital Markets), Dr. Maxi­mi­lian Schlutz (Compli­ance, all Frank­furt), Dr. Maxi­mi­lian Schatz, (Corporate/M&A), Laurin Havlik (Compli­ance, all Munich) and Frie­de­rike Hamm­wöh­ner (Anti­trust and Compe­ti­tion Law, Brussels).
Further advi­sors KNPZ Rechts­an­wälte (Hamburg): Dr. Kai-Uwe Plath (Part­ner), Dr. Enno ter Haze­borg (Senior Asso­ciate) Hout­hoff (Amsterdam/Rotterdam): Kyoko Tollen­aar, Bram Caudri (both part­ners), Ivar Brou­wer (senior asso­ciate) About Will­kie Will­kie Farr & Gallag­her LLP provi­des leading legal solu­ti­ons to complex, busi­ness-criti­cal issues span­ning markets and industries.
Our appro­xi­m­ately 1,200 lawy­ers in 15 offices world­wide provide inno­va­tive, prag­ma­tic and sophisti­ca­ted legal services in some 45 prac­tice areas. Find out more at www.willkie.com.  

News

Munich, Zurich and Geneva Liberta Part­ners, a Munich-based multi-family holding company, has acqui­red the leading Swiss e‑commerce company DeinDeal AG (“DeinDeal”) was taken over by Ringier.
Since 2015, Ringier has held a majo­rity stake in
DeinDeal invol­ved.

Your­Deal was foun­ded in 2010 and has estab­lished itself as the leading Swiss online market­place for fashion, home & living, travel and life­style products and services.
The company specia­li­zes in flash sales with daily offers that are available exclu­si­vely via www.deindeal.ch, the
DeinDealapp and www.my-store.ch are sold.

With loca­ti­ons in Zurich and Geneva, the company gene­ra­ted DeinDeal gene­ra­ted sales of over CHF 100 million, making it one of the top 10 e‑commerce portals in Switzerland.
Every year, the company sends more than 1,000,000 parcels nati­on­wide in less than two days, ensu­ring a fast and relia­ble service for custo­mers of
Your­Deal.

Florian Korp (photo © Liberta Part­ners) of Liberta Part­ners: “DeinDeal’s inno­va­tive approach and strong market presence are the ideal basis for further expan­ding the company’s leading posi­tion in the Swiss e‑commerce market.” Rainer Traub of Liberta Part­ners: “We are deligh­ted to welcome Dr. Tobias Heller and Dr. Phil­ipp Wahl, two highly expe­ri­en­ced and accom­plished retail and e‑commerce execu­ti­ves, as the new mana­ging direc­tors of DeinDeal to further drive growth and lead the company to new heights.“Robin Lingg, outgo­ing Chair­man of the Manage­ment Board of DeinDeal AG: Your­Deal has made great progress with Ringier as majo­rity share­hol­der and we are convin­ced that with Liberta Part­ners we have found the right part­ner for the next growth phase of the company.
I would like to thank Allen and John
Kriefthe foun­ders and part­ners as well as the entire manage­ment team for their commit­ment, passion and energy, which they have inves­ted so successfully in the deve­lo­p­ment of DeinDeal over the last few years.”

All parties have agreed not to disc­lose further details of the tran­sac­tion.About DeinDeal AG DeinDeal AG is a leading Swiss online market­place offe­ring a wide range of products and services, inclu­ding exclu­sive offers and discounts in various cate­go­ries such as fashion, elec­tro­nics, travel and lifestyle.
Since its foun­ding in 2010, DeinDeal has become synony­mous with quality and value in the Swiss e‑commerce sector, serving milli­ons of satis­fied customers.
The company stri­ves to provide a seam­less shop­ping expe­ri­ence charac­te­ri­zed by a user-friendly plat­form, excep­tio­nal custo­mer service and a select range of high-quality products.
DeinDeal has not only set the stan­dard in online retail with its inno­va­tive approach, but has also made a name for itself among Swiss consu­mers that they trust.
The company is constantly evol­ving to meet the chan­ging needs of its custo­mers and ensure a dyna­mic and enga­ging shop­ping experience.
For more infor­ma­tion visit:www.deindeal.chÜber Liberta Part­ners Liberta Part­ners is a multi-family holding company based in Munich. The company makes targe­ted invest­ments in compa­nies in German-spea­king count­ries, parti­cu­larly in succes­sion situa­tions and group spin-offs, with clear opera­tio­nal and stra­te­gic deve­lo­p­ment poten­tial. These compa­nies are actively deve­lo­ped as part of the “100% Core & Care” concept and bene­fit from the entre­pre­neu­rial exper­tise of Liberta Part­ners. The Liberta Part­ners team consists of 20 employees working in the areas of M&A, Corpo­rate Deve­lo­p­ment and Legal & Admi­nis­tra­tion, supported by an active indus­try advi­sory board. You can find further infor­ma­tion at: www.liberta-partners.comAbout Ringier

Ringier is a Swiss media and tech­no­logy company.
The Group compri­ses around 140 compa­nies that operate nume­rous leading media brands, digi­tal plat­forms and market­places in 20 countries.
Almost 80 percent of its opera­ting profit comes from the digi­tal business.
This makes Ringier one of the leading Euro­pean media companies.
For 190 years, the family-owned company has focu­sed on entre­pre­neur­ship, colla­bo­ra­tion, inno­va­tion, trust and courage. www.ringier.com

 

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Hamburg — The German soft­ware company One Data raises €32 million in a Series B finan­cing round.
Lead inves­tors Vsquared Ventures, HV Capi­tal and Molten Ventures were compre­hen­si­vely advi­sed by YPOG on this finan­cing round of One Data, in which exis­ting inves­tors also parti­ci­pa­ted again.
The German soft­ware company has deve­lo­ped a tech­no­logy desi­gned to simplify the hand­ling of data.
One Data is a data manage­ment company foun­ded in Passau in 2013 under the name One Logic.
One Data’s AI-powered Data Product Buil­der enables compa­nies to create, manage and share data products while saving around 80% of time.
It uses AI tech­no­logy to coll­ect, analyze and connect data points to increase the quality of insights gained.
It supports compa­nies from all indus­tries, inclu­ding retail, manu­fac­tu­ring, phar­maceu­ti­cals, chemi­cals and automotive.
In the DACH region, seve­ral large compa­nies rely on One Data’s solu­tion, inclu­ding steel manu­fac­tu­rer Thys­sen­krupp, vaccine manu­fac­tu­rer BioNTech and specialty glass manu­fac­tu­rer Schott.
One Data will use the finan­cing to further streng­then its leading posi­tion in data product manage­ment, expand stra­te­gic part­ner­ships and extend its soft­ware busi­ness to new inter­na­tio­nal markets.
Advi­sors Lead inves­tors Vsquared Ventures, HV Capi­tal and Molten Ventures: YPOG Dr. Adrian Haase (Lead, Tran­sac­tions), Part­ner, Hamburg Dr. Benja­min Ullrich (Tran­sac­tions), Part­ner, Berlin Dr. Bene­dikt Flöter (IP/IT/Data Protec­tion), Asso­cia­ted Part­ner, Berlin Anna Eick­meier (IP/IT/Data Protec­tion), Senior Asso­ciate, Berlin Alex­an­dra Stei­fen­sand (Tran­sac­tions), Asso­ciate, Berlin/Hamburg Dr. Chris­toph Cordes (IP/IT/Data Protec­tion), Asso­ciate, Berlin Gerrit Breet­holt (Transactions),Associate, Hamburg Falk Bothe (Funds), Asso­ciate, Berlin Florian Bacher (Tran­sac­tions), Asso­ciate, Berlin About Vsquared Ventures Vsquared Ventures supports inno­va­tive entre­pre­neurs deve­lo­ping breakth­rough tech­no­lo­gies to solve some of the world’s most pres­sing chal­lenges and become global leaders.
Vsquared Ventures invests in deep tech compa­nies, focu­sing on new space, new compu­ting, energy tran­si­tion, robo­tics and manu­fac­tu­ring, new compu­ting and sens­ing, next-gene­ra­tion AI and soft­ware, and tech-bio.
Vsquared Ventures has built one of the stron­gest deep tech port­fo­lios in Europe, inclu­ding indus­try disrup­t­ors Isar Aero­space, IQM Quan­tum Compu­ting, Zama.ai, Customcells, Neura Robo­tics and The Explo­ra­tion Company.
www.vsquared.vc About HV Capi­tal HV Capi­tal is one of the leading early-stage and growth inves­tors in Europe. HV has many years of expe­ri­ence in iden­ti­fy­ing Euro­pean tech­no­logy pioneers with great poten­tial for success. This also includes the first gene­ra­tion of German start-ups, which have achie­ved a company valua­tion of over 1 billion dollars, and more recent successful compa­nies such as Flix­bus, Enpal, SumUp and Isar Aero­space. HV Capi­tal is conti­nuously looking for more inno­va­tive start­ups across all indus­tries such as FinTech, SaaS, climate tech and consu­mer goods and has alre­ady inves­ted in around 225 inter­net and tech­no­logy compa­nies. HV Capi­tal supports start-ups with capi­tal between €500,000 and €60 million and is one of the few venture capi­ta­lists in Europe that can finance these compa­nies across all growth phases. HV Capi­tal has offices in Munich and Berlin and a team of more than 40 profes­sio­nals who bring diverse perspec­ti­ves and exper­tise in venture capi­tal. https://www.hvcapital.com About Molten Ventures Foun­ded in 2006, Molten Ventures is a venture capi­tal firm head­quar­te­red in London, United Kingdom.
The company focu­ses on the Euro­pean tech­no­logy sector and invests prima­rily in commer­cial services, digi­tal health and well­ness, deep tech, hard­ware and elec­tro­nics, consu­mer services, arti­fi­cial intel­li­gence, cloud-based systems, enter­prise solu­ti­ons, SaaS and media.
https://www.moltenventures.com About YPOG YPOG is a specia­list tax and commer­cial law firm opera­ting in the core areas of Funds, Tax, Banking + Finance and Tran­sac­tions. The YPOG team advi­ses a wide variety of clients. These include emer­ging tech­no­logy compa­nies and family-run medium-sized enter­pri­ses as well as corpo­ra­ti­ons and private equity/venture capi­tal funds. YPOG is one of the leading addres­ses for venture capi­tal, private equity and fund struc­tu­ring in Germany. Today, YPOG employs more than 120 expe­ri­en­ced lawy­ers, tax consul­tants, tax specia­lists and a notary in three offices in Berlin, Hamburg and Colo­gne. www.ypog.law

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Berlin — HERO Soft­ware raises €40 million in Series B finan­cing round with Eight Roads Ventures as lead investor.
YPOG provi­ded compre­hen­sive legal advice to Eight Road Ventures on the transaction.
Fede­ra­ted Hermes and exis­ting inves­tor Cusp Capi­tal also parti­ci­pa­ted in the round.
HERO Soft­ware was foun­ded in 2020 by Dr. Michael Kess­ler and Phil­ipp Lyding in Hano­ver and offers a SaaS plat­form speci­ally deve­lo­ped for medium-sized craft businesses.
The start-up company is the leading provi­der of busi­ness soft­ware for trade busi­nesses in the DACH region.
With the fresh capi­tal, HERO Soft­ware plans to invest in its team and new talent, expand into new markets and further deve­lop its SaaS offering.
HERO’s goal is to provide craft busi­nesses with the best soft­ware to make small and medium-sized craft busi­nesses more successful in the long term. About Eight Roads Ventures Eight Roads Ventures is a global venture capi­tal firm that helps entre­pre­neurs grow.
With offices in Europe, Asia and the US, Eight Roads Ventures has more than 50 years of venture capi­tal inves­t­ing expe­ri­ence, $11 billion in assets under manage­ment and over 300 port­fo­lio compa­nies, inclu­ding Alibaba, Amen­i­tiz, Apps­Flyer, Chewy, Fareye, Fever, Flywire, Fire­blocks, Funnel, Gloat, Hibob, Icer­tis, Light­house, Neo4j, Owkin, Paidy, Spen­desk, Tibber, Toast, Wall­apop and Xoom.
https://eightroads.com/en/ Advi­sor Eight Roads Ventures: YPOG Dr. Benja­min Ullrich (Co-Lead, Tran­sac­tions), Part­ner, Berlin Dr. Lutz Schrei­ber (IP/IT/Data Protec­tion), Part­ner, Hamburg Dr. Bene­dikt Flöter (IP/IT/Data Protec­tion), Asso­cia­ted Part­ner, Berlin Tobias Lovett (Co-Lead, Tran­sac­tions), Senior Asso­ciate, Berlin Matthias Treude (IP/IT/Data Protec­tion), Asso­ciate, Hamburg Farina Weber (Tran­sac­tions), Asso­ciate, Berlin Dr. Florian Witt­ner (IP/IT/Data Protec­tion), Asso­ciate, Hamburg About YPOG YPOG is a law firm specia­li­zing in tax and commer­cial law, active in the core areas of funds, tax, banking + finance and tran­sac­tions. The YPOG team advi­ses a wide variety of clients. These include emer­ging tech­no­logy compa­nies and family-run medium-sized enter­pri­ses as well as corpo­ra­ti­ons and private equity/venture capi­tal funds. YPOG is one of the leading addres­ses for venture capi­tal, private equity and fund struc­tu­ring in Germany. The firm and its part­ners are ranked natio­nally and inter­na­tio­nally by JUVE, Best Lawy­ers, Legal 500, Focus, Cham­bers and Part­ners and Leaders League. Today, YPOG employs more than 120 expe­ri­en­ced lawy­ers, tax consul­tants, tax specia­lists and a notary in three offices in Berlin, Hamburg and Colo­gne. https://www.ypog.law

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Amsterdam/Munich — The funds advi­sed by Equis­tone Part­ners Europe (“Equis­tone Funds”) announ­ced the sale of their majo­rity stake in Heras, an estab­lished pan-Euro­pean full-service provi­der of perma­nent and mobile peri­me­ter protec­tion solutions.
The new majo­rity owner is the Garda Group, which also specia­li­zes in peri­me­ter protection.
Heras was foun­ded in 1952 with its head­quar­ters in Oirschot, the Nether­lands, and is now repre­sen­ted throug­hout Europe with loca­ti­ons in a total of eight countries.
With its compre­hen­sive port­fo­lio of peri­me­ter protec­tion solu­ti­ons — from plan­ning and produc­tion to instal­la­tion, main­ten­ance and repair — the company serves an inter­na­tio­nal custo­mer base in more than 20 markets and curr­ently employs around 1,000 people.
With the tran­sac­tion now agreed, Heras will become part of the Garda Group, which is curr­ently active in Scan­di­na­via and Germany.
The Group’s brands include a.o. Garda Sikring, Heda Secu­rity, KIBO Secu­rity, Great Secu­rity, Frei­hoff Group, Gleich Group, Schmid Alarm and vi2vi.
Since the Equis­tone funds acqui­red a majo­rity stake in 2019, Heras’ stra­te­gic focus has been
primarily
on deve­lo­ping the busi­ness in the high-secu­rity sector and the range of services for custo­mers from the public and private sectors, parti­cu­larly in the area of criti­cal infrastructure.
This deve­lo­p­ment was addi­tio­nally supported by two stra­te­gic acqui­si­ti­ons in Denmark and Germany.
The part­ner­ship with the Equis­tone funds also focu­sed on estab­li­shing a Group-wide ESG stra­tegy, as well as signi­fi­cant invest­ments in the produc­tion sites for perma­nent and mobile product solu­ti­ons in the Dutch dome­stic market and in Belgium and France. Hubert van Wolfs­win­kel, Part­ner in Equistone’s Amster­dam office, comm­ents: “It has been a plea­sure for the Equis­tone funds to support Heras in the stra­te­gic deve­lo­p­ment of the company and the team over the past five years. Parti­cu­lar atten­tion was paid to streng­thening Heras’ focus on the important areas of high secu­rity and service solu­ti­ons, estab­li­shing a compre­hen­sive ESG stra­tegy and moder­ni­zing the produc­tion sites. Heras is now ideally posi­tio­ned to successfully conti­nue the successful course initia­ted toge­ther with the Equis­tone funds as a pan-Euro­pean property protec­tion specia­list under the aegis of the new owner.”
Moritz Treude (photo)
, Direc­tor in Equistone’s Munich office, adds: “Heras has perfor­med excel­lently during the holding period of the Equis­tone funds, in parti­cu­lar due to the stra­te­gic realignment. With the support of the Equis­tone funds, the company has inves­ted in state-of-the-art produc­tion, inclu­ding auto­ma­ted machi­nery and equip­ment and robo­tiza­tion — which today is reflec­ted in higher quality, capa­city and more effi­ci­ent and sustainable production.”
Emma­nuel Rigaux, CEO of Heras, says: “Since the launch of the joint part­ner­ship with the Equis­tone funds in 2019, Heras has comple­ted a remar­kable trans­for­ma­tion and is now excel­lently posi­tio­ned in the Euro­pean market. Toge­ther with Garda Group as our new part­ner, with whom we share our values, vision and growth stra­tegy, we will seam­lessly build on the succes­ses of the last five years and take Heras’ deve­lo­p­ment to a new level.” Jon Ola Stokke, CEO of Garda Group
says: “We are very plea­sed to welcome Heras and its expe­ri­en­ced team to the Garda Group. Heras is a well-mana­ged, inno­va­tive company whose recent invest­ments in incre­asing the capa­city, quality and effi­ci­ency of its faci­li­ties will bene­fit our custo­mers. Like us, Heras shares a focus on sustaina­bi­lity and works with its part­ners across the value chain to reduce CO2 emis­si­ons and imple­ment a circu­lar economy. With this acqui­si­tion, we gain new exper­tise, as well as a broa­der product range and modern tech­ni­cal solu­ti­ons. At the same time, we are streng­thening our Group presence in Scan­di­na­via and in important new regi­ons such as the UK, Bene­lux and France. In addi­tion, we can now offer our custo­mers in Germany peri­me­ter protec­tion solu­ti­ons along­side our exis­ting tech­ni­cal secu­rity solutions.”
The tran­sac­tion is subject to custo­mary closing condi­ti­ons, inclu­ding the consul­ta­tion process with the Dutch works coun­cil and rele­vant regu­la­tory approvals.
Comple­tion of the tran­sac­tion would be the fifth over­all sale in 2024, conti­nuing a series of successful exits by the Equis­tone funds. About Equis­tone Part­ners Europe The funds advi­sed by Equis­tone Part­ners Europe are among the most active Euro­pean equity inves­tors with a team of more than 35 invest­ment profes­sio­nals across seven offices in the Nether­lands, Germany, Switz­er­land, France and the UK. The Equis­tone funds invest prima­rily in estab­lished medium-sized compa­nies with a good market posi­tion, above-average growth poten­tial and an enter­prise value of between EUR 50 and 500 million. Since its foun­da­tion in 2002, the funds have inves­ted equity in more than 180 tran­sac­tions. The port­fo­lio of Equis­tone funds curr­ently compri­ses around 40 compa­nies across Europe. www.equistonepe.com. About Heras https://www.heras.co.uk/ About Garda Group https://gardasikring.no

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Frank­furt a. M. — Bernd Brei­ter as mana­ging part­ner of BigCi­ty­Beats GmbH and Beyond Capi­tal Part­ners GmbH were successfully advi­sed by Mayland on the sale of the assets of BigCi­ty­Beats GmbH (“BCB”) to Lafay­ette Mittel­stand Capital.
BCB is a German company based in Frank­furt, specia­li­zing in the orga­niza­tion and marke­ting of music events.
Foun­ded by Bernd Brei­ter in 2005, the company is best known for its event series “World Club Dome”, which orga­ni­zes large festi­vals in arenas, stadi­ums and unusual loca­ti­ons such as cruise ships and airplanes.
The events combine music, life­style and enter­tain­ment and attract top inter­na­tio­nal DJs and nume­rous visitors.
The World Club Dome has alre­ady made it into the top 10 in the DJ MAG voting of the world’s most popu­lar festi­vals seve­ral times (#1 in Germany).
In addi­tion to live events, BCB also opera­tes its own radio station and publishes music.
The company has made a name for itself in the inter­na­tio­nal club scene with inno­va­tive concepts and spec­ta­cu­lar event locations.
As part of the deal, all of BCB’s assets were trans­fer­red to the newly foun­ded WORLD CLUB DOME GmbH, in which Bernd Brei­ter will conti­nue to hold a mino­rity stake.
In this way, the world-famous and estab­lished “World Club Dome” brand will retain Breiter’s exten­sive network and expe­ri­ence, while Lafay­ette will conti­nue to deve­lop the company through capi­tal, stra­te­gic advice and opera­tio­nal support and further expand the inter­na­tio­nal reach of the festi­val series.
As part of a compe­ti­tive auction, MAYLAND approa­ched both stra­te­gic inves­tors and finan­cial investors.
The process was successfully concluded in a very short time with the sale to Lafayette.
Follo­wing the successful sale of Next Events GmbH in 2019, orga­ni­zer of the world-famous festi­val “Paroo­ka­ville”, this was another successful tran­sac­tion for MAYLAND advi­sing a far-reaching music event format based in Germany. Lafay­ette Mittel­stand Capi­tal is an invest­ment company from Luxem­bourg that invests in medium-sized compa­nies based in the DACH region.
The company supports these compa­nies with capi­tal, manage­ment exper­tise and stra­te­gic advice to promote their growth and long-term value creation.
Invest­ments are concen­tra­ted in various indus­tries with a focus on sustainable busi­ness models and poten­tial for opera­tio­nal impro­ve­ment. About Beyond Capi­tal Part­ners We are an owner-mana­ged invest­ment company based in Frank­furt am Main that acqui­res majo­rity stakes in profi­ta­ble medium-sized compa­nies from the DACH region via the funds it advi­ses, with a focus on the asset-light sectors of B2B services, IT services, soft­ware, health­care & well-being, life­style and entertainment.
Our aim is to conti­nue the success story of the German-spea­king Mittelstand.
This has been the driving idea behind Beyond Capi­tal Part­ners since its first acqui­si­tion in 2015.
From the very begin­ning, it was about more than just capi­tal. https://beyondcapital-partners.com Consul­tant Bernd Brei­ter, Mana­ging Part­ner and Beyond Capi­tal Part­ners GmbH: MAYLAND AGAboutMAYLAND AG MAYLAND AG is an inde­pen­dent, owner-mana­ged global M&A and corpo­rate finance consul­tancy. We regu­larly deve­lop indi­vi­dual tran­sac­tion struc­tures for our clients for the purchase and sale of compa­nies or parts of compa­nies and arrange any finan­cing requi­red for these tran­sac­tions. In addi­tion, we assist our clients in raising equity and debt capi­tal. Due to nume­rous comple­ted tran­sac­tions, the MAYLAND team has exten­sive sector know­ledge in various indus­tries, which is comple­men­ted by many years of expe­ri­ence as well as a solid inter­na­tio­nal network of equity and debt inves­tors. Charac­te­ri­zed by an entre­pre­neu­rial mind­set, we use considera­ble resour­ces within the scope of our manda­tes to analyze busi­ness models in detail and thus lead tran­sac­tions to success, which we always succeed in doing.
Further infor­ma­tion in German, English and Chinese can be found at www.mayland.de.

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Zurich/ Munich — IMPAG Group, an inter­na­tio­nally reco­gni­zed chemi­cal distri­bu­tion company, announ­ces that it has comple­ted a change in its inves­tor struc­ture as part of its stra­te­gic deve­lo­p­ment and to acce­le­rate growth in a conso­li­da­ting market.
Deut­sche Privat Equity (DPE) takes over the shares of Enzian AG as the new majo­rity investor.
This step is part of the IMPAG Group’s long-term growth stra­tegy, which aims to further conso­li­date its market posi­tion and create added value as a solu­tion provi­der for its stake­hol­ders, espe­ci­ally its custo­mers, supply part­ners and employees.
The change enables the IMPAG Group to streng­then its agility and inno­va­tive power and to drive forward its corpo­rate vision in a targe­ted manner by further deve­lo­ping its offe­ring and expan­ding its services.
The new inves­tor struc­ture with DPE supports IMPAG Group’s ambi­ti­ons to expand its presence in the Euro­pean market and diver­sify its busi­ness areas through targe­ted acqui­si­ti­ons and partnerships.
IMPAG Group stri­ves to further streng­then its value-added posi­tion in the life science and mate­rial science sectors and to be percei­ved as a prefer­red part­ner for its global stakeholders.
The Board of Direc­tors and the Execu­tive Board of IMPAG Group are convin­ced that the change of inves­tor supports the stra­te­gic direc­tion of the company and forms the basis for further growth and long-term success.
“A change of inves­tor should always be driven by strength and not by neces­sity. IMPAG has deve­lo­ped across natio­nal borders, has estab­lished a strong market posi­tion in Europe and, with its ambi­tious plans for the future, is now ready for a new, strong inves­tor and part­ner. We are convin­ced that in DPE we have gained a strong part­ner with a compa­ra­ble under­stan­ding of values who will support the successful further deve­lo­p­ment of the IMPAG Group in the long term,” confirms IMPAG CEO Remo Bernardi.
Andreas Schmid, Part­ner at DPE, empha­si­zes: “We are convin­ced that we can expand on the basis of the exis­ting plat­form, the IMPAG Group, both through further orga­nic growth initia­ti­ves and through targe­ted buy-and-build acqui­si­ti­ons to become a leading pan-Euro­pean specia­list distri­bu­tor for chemi­cals.” DPE is a German capi­tal manage­ment company head­quar­te­red in Munich that invests in medium-sized growth compa­nies, prima­rily in Germany, Austria and Switz­er­land, with the invest­ment funds it manages.
DPE supports its port­fo­lio compa­nies with a part­ner­ship approach, capi­tal, expe­ri­ence and respect for entre­pre­neu­rial action in order to realize their future potential.
The IMPAG Group, head­quar­te­red in Zurich and with subsi­dia­ries in Switz­er­land, Germany, Poland, France, Austria and Spain, is a chemi­cal distri­bu­tion company that supplies and supports the life science and mate­rial science indus­tries in Europe with raw mate­ri­als and services.

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Frank­furt (DE)/ Vienna (AT)/ Turn­hout (BEL)/ Wars­zawa (POL) — Dot2Dot, a leading Polish manu­fac­tu­rer of premium folding cartons and port­fo­lio company of Abris Capi­tal Part­ners (Warsaw), is to become part of the Van Genech­ten Pack­a­ging Group.
The pack­a­ging specia­list from Belgium is thus driving forward conso­li­da­tion in the pack­a­ging sector.
— MP Corpo­rate Finance, leading inter­na­tio­nal M&A advi­sor for the Euro­pean indus­trial sector, exclu­si­vely advi­sed Abris Capi­tal Part­ners on the sale of Dot2Dot.
Dot2Dot, head­quar­te­red in Danz­ing and with an addi­tio­nal produc­tion site in Warsaw, is regarded as a leading provi­der of inno­va­tive and sustainable folding carton pack­a­ging in the premium segment in its home market of Poland.
With its outstan­ding inno­va­tive strength in design and produc­tion as well as the highest ESG stan­dards, Dot2Dot serves a diverse custo­mer base that includes multi­na­tio­nal blue-chip manu­fac­tu­r­ers as well as compa­nies from the beauty, perso­nal care, food and non-food sectors.
Since 2015, Dot2Dot has been owned by the inter­na­tio­nal private equity firm Abris Capi­tal Part­ners, which has trans­for­med the company into one of the big play­ers in the pack­a­ging sector through a targe­ted buy & build strategy.
With around 350 employees and annual sales of EUR 55 million, Dot2Dot is now the largest inde­pen­dent premium folding carton manu­fac­tu­rer in Central and Eastern Europe. Stra­te­gic merger of two indus­try leaders With the now successfully reali­zed exit, Abris Capi­tal Part­ners is trans­fer­ring its stake to Van Genech­ten Pack­a­ging from Belgium, which is thus signi­fi­cantly expan­ding its alre­ady leading posi­tion in the fast-growing and highly attrac­tive Eastern Euro­pean market.
With an annual turno­ver of around EUR 450 million, Van Genech­ten is one of the largest inde­pen­dent pack­a­ging manu­fac­tu­r­ers in Europe, focu­sing on so-called FMCG pack­a­ging (Fast Moving Consu­mer Goods).
In addi­tion to the company head­quar­ters in Turn­hout, Belgium, the pack­a­ging specia­list opera­tes twelve folding carton sites, an extru­sion site and a design and produc­tion center for refe­rence cartons and is ther­e­fore active in nine count­ries world­wide. Ongo­ing conso­li­da­tion as a clear driver in the inter­na­tio­nal pack­a­ging market For MP Corpo­rate Finance, the merger of the two Euro­pean play­ers marks the third successfully comple­ted tran­sac­tion in the fiber-based pack­a­ging sector within ten months and the 81st accom­pa­nied tran­sac­tion in the pack­a­ging sector. “The sale of Dot2Dot to Van Genech­ten is another exam­ple of how the pack­a­ging sector is conti­nuing to conso­li­date at a Euro­pean level. The growing attrac­ti­ve­ness of the Eastern Euro­pean market for many pack­a­ging play­ers is also noti­ce­ably driving M&A acti­vity and under­lines the trend towards near­sho­ring, which has been brought to the fore by Covid,” says
Alex­an­der Kubo, Mana­ging Part­ner at MP Corpo­rate Finance. Edgar Koles­nik, Part­ner at Abris Capi­tal Part­ners, says: “In the search for a new growth part­ner for Dot2Dot, MP Corpo­rate Finance has once again demons­tra­ted its exten­sive indus­try exper­tise. The MP team mana­ged the sales process excel­lently, demons­t­ra­ting a deep under­stan­ding of market dyna­mics and inves­tors. Parti­cu­larly in such a highly compe­ti­tive inter­na­tio­nal auction, stra­te­gic insight is crucial in addi­tion to commit­ment and professionalism.”
In addi­tion to Dot2Dot, MP Corpo­rate Finance recently also successfully reali­zed the sale of the inter­na­tio­nal listed Aluflex­pack Group and the sale of the Italian MS Pack­a­ging to Hino­josa from Spain. About MP Corpo­rate Finance MP Corpo­rate Finance is the leading inter­na­tio­nal M&A consul­tancy specia­li­zing in the indus­trial sector.
As an expe­ri­en­ced part­ner for medium-sized compa­nies and manage­ment teams, private equity decis­ion-makers as well as entre­pre­neu­rial confi­dants, MP hand­les complex tran­sac­tions on both the sell and buy side and provi­des support in the context of capi­tal procu­re­ment, buy & build stra­te­gies, carve-outs and throug­hout the entire private equity lifecycle.
MP was foun­ded in Vienna in the 1990s by Roman Göd and Gregor Nischer as the first Euro­pean M&A firm with a sector-focu­sed advi­sory approach.
Today, the company employs more than 75 expe­ri­en­ced hands-on experts at five loca­ti­ons world­wide — in Vienna, Frank­furt, London, Istan­bul and Chicago — making it the largest indus­trial M&A team in Europe.
With its unique sector focus, MP has successfully advi­sed on more than 700 indus­trial tran­sac­tions for invest­ment compa­nies, SMEs and corpo­ra­ti­ons to date.
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Hamburg — Global law firm Norton Rose Fulbright has advi­sed Chap­ters Group AG on the forma­tion of Alta­mount Soft­ware GmbH and on its invest­ment in GBS Europa GmbH. Alta­mount Soft­ware GmbH was foun­ded toge­ther with Andreas Phil­ippi, the former CEO of HR services provi­der West­house, and focu­ses on the deve­lo­p­ment and sale of secu­rity, GRC and finan­cial services soft­ware. With the acqui­si­tion of the shares in the secu­rity soft­ware company GBS, the Chap­ters Group is laying the foun­da­ti­ons for expan­ding an indus­try soft­ware plat­form with Alta­mount Soft­ware. Chap­ters Group AG is a holding company based in Hamburg that invests in small and medium-sized compa­nies from various sectors with a long-term, entre­pre­neu­rial approach. The Chap­ters Group focu­ses on compa­nies that offer their custo­mers so-called “mission criti­cal” services. The GROUP Busi­ness Soft­ware (GBS) Europa GmbH is a provi­der of solu­ti­ons and services for IBM and Micro­soft colla­bo­ra­tion plat­forms. The company offers Compe­tence Centers for Secu­rity, Moder­niza­tion, Mobi­lity and Portal & BPM. The custo­mer base compri­ses more than 5,000 custo­mers with 4 million users. GBS Europe is active in Europe, North America and Asia. The Euro­pean head­quar­ters are loca­ted in Frank­furt am Main, the North Ameri­can head­quar­ters in Atlanta, USA. Advi­sor Chap­ters Group AG: Norton Rose Fulbright led by Hamburg coun­sel Dr. Kars­ten Alex (photo © Norton Rose Fulbright) and part­ner Patrick Narr (both Corpo­rate / M&A). Malte Meyer (Senior Asso­ciate, Corpo­rate / M&A), Sebas­tian Sievers (Asso­ciate, Corpo­rate), Dr. Tim Scha­per (Part­ner), Dr. Tobias Teich­ner (Senior Asso­ciate) (both Anti­trust), Dr. Inge­mar Kart­heu­ser (Coun­sel, IT/Data Protec­tion), Dr. Frank Webern­dör­fer (Part­ner, Employ­ment), Dr. Max Mahl­mann (Asso­ciate, Employ­ment) (all Hamburg) and Tiffany Zilliox (Senior Asso­ciate, Munich, IP). The Chap­ters Group was advi­sed in-house by Thomas Hottung (Legal Coun­sel). About Norton Rose Fulbright Norton Rose Fulbright is a global commer­cial law firm. With more than 3,500 lawy­ers at over 50 loca­ti­ons world­wide in Europe, the USA, Canada, Latin America, Asia, Austra­lia, Africa and the Middle East, we advise leading natio­nal and inter­na­tio­nal compa­nies. We offer our clients compre­hen­sive advice in all major indus­tries. These include Finan­cial Insti­tu­ti­ons; Energy; Infra­struc­ture, Mining and Commo­di­ties; Trans­por­ta­tion; Tech­no­logy and Inno­va­tion; and Life Scien­ces and Health­care. Our global Risk Advi­sory Group combi­nes this exten­sive indus­try expe­ri­ence with its exper­tise in legal, regu­la­tory, compli­ance and gover­nance matters. This enables us to provide our clients with prac­ti­cal solu­ti­ons to the legal and regu­la­tory risks they face. The Swiss asso­cia­tion Norton Rose Fulbright helps to coor­di­nate the acti­vi­ties of Norton Rose Fulbright members, but does not provide legal advice to clients. Norton Rose Fulbright has offices in more than 50 cities world­wide, inclu­ding London, Hous­ton, New York, Toronto, Mexico City, Hong Kong, Sydney and Johan­nes­burg. www.nortonrosefulbright.com/legal-notices.  

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Berlin — TRAIT, the inno­va­tive trai­ning app, has recei­ved around €1 million in a seed finan­cing round from HTGF, the angel club better ventures and other private inves­tors. The funding will support the further deve­lo­p­ment of their AI trai­ning plat­form, which offers a perso­na­li­zed and empa­the­tic trai­ning expe­ri­ence for runners. The Berlin-based start-up has made it its mission to help people achieve their indi­vi­dual trai­ning goals and lead a more sustainable, active and fulfil­ling life. At the heart of the company is the desire to combine science-based trai­ning with a sense of commu­nity. The team’s rese­arch found that people weren’t reaching their goals because of a lack of statis­tics or trai­ning sessi­ons, but because their plans either lacked flexi­bi­lity or they didn’t have a support network when they needed it. These are two important issues that TRAIT addres­ses so that no one is left behind when life gets in the way. The start-up relaun­ched its trai­ning app for runners today under the new name “TRAIT”. The previous version of the app achie­ved considera­ble growth with highly indi­vi­dua­li­zed running trai­ning plans and a virtual coach — down­loads increased by 178% annu­ally. The team around foun­ders Raphael Jung and Matthias Ettrich built on this with the aim of provi­ding runners with even more tail­o­red support. The seed funding will enable TRAIT to realize its vision of an empa­the­tic and adap­tive trai­ning envi­ron­ment that focu­ses not only on perfor­mance but also on the well-being of runners. The foun­ders want to set a new stan­dard in the indus­try with their app by empha­si­zing the importance of human inter­ac­tion and social support. “With TRAIT, we have deve­lo­ped an app that beha­ves as empa­the­ti­cally and under­stan­din­gly as a human coach would. We help people to find access to sport again. We use sports science and AI trai­ning and combine them with social “stan­ding up for each other”. With the support of HTGF, selec­ted busi­ness angels from better ventures and other private inves­tors, we are ready to revo­lu­tio­nize the way people think about being fit,” explains Raphael Jung, co-foun­der and CEO. “We are exci­ted about TRAIT’s vision and approach to create an empa­thic and adap­tive AI trai­ning plat­form for athle­tes that streng­thens people not only physi­cally but also mentally,” says Johan­nes Dier­kes, Invest­ment Mana­ger at HTGF. About TRAIT TRAIT is based in Berlin and was foun­ded by Raphael Jung and Matthias Ettrich. Since 2021, the company has opera­ted under the name “Twaiv” and focu­sed on AI-gene­ra­ted, adap­tive trai­ning plans before relaun­ching under the name TRAIT in July 2024. Since its foun­da­tion, the company has expe­ri­en­ced rapid growth with an annual increase in down­loads of 178%. Trait has recei­ved around € 1 million in seed finan­cing from HTGF, the angel club better ventures and other inves­tors. About High-Tech Grün­der­fonds The seed inves­tor High-Tech Grün­der­fonds (HTGF) finan­ces tech­no­logy start-ups with growth poten­tial and has supported more than 750 start-ups since 2005. With the launch of the fourth fund, HTGF has around 1.4 billion euros under manage­ment. The team of expe­ri­en­ced invest­ment mana­gers and start-up experts supports the young compa­nies with know-how, entre­pre­neu­rial spirit and passion. The focus is on high-tech start-ups in the fields of digi­tal tech, indus­trial tech, life scien­ces, chemis­try and rela­ted busi­ness areas. To date, exter­nal inves­tors have inves­ted around EUR 6 billion in the HTGF port­fo­lio in more than 2,000 follow-up finan­cing rounds. In addi­tion, the fund has alre­ady successfully sold shares in more than 180 compa­nies. Fund inves­tors in the public-private part­ner­ship include the German Fede­ral Minis­try for Econo­mic Affairs and Climate Protec­tion, KfW Capi­tal, and 45 compa­nies from a wide range of industries.

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