
Financing for Rantum Capital portfolio company Aqua Group
Munich — Rantum Private Equity Fund II has organized a new growth financing for its portfolio company Aqua Group GmbH. The financing package provided by Crescent Capital enables the refinancing of existing bank liabilities as well as the future acquisition of further companies as part of Aqua Group’s buy & build strategy.
Aqua Group is a leading national provider of water and fire damage restoration services with over 35 branches and more than 550 employees. The acquisition of further add-ons in the strategically important regions of northern Bavaria and North Rhine-Westphalia is another significant step for the Buy & Build platform in its development towards becoming a leading water and fire damage restoration company in Germany. Covering the entire value chain from diagnosis to claims settlement, the company acts as a link between insurance companies, property managers, claimants and other stakeholders.
Rantum Capital is an SME financier for the German-speaking region (DACH) founded by financial experts, entrepreneurs and former DAX board members. Rantum Capital currently manages several private equity and private debt funds. The private equity funds focus on majority equity investments in medium-sized companies and invest capital primarily from German institutional investors.
Markus Wenz, Managing Director at Rantum Capital (photo: Rantum Capital), adds: “The partnership with Crescent Capital is an important milestone for Aqua Group. The financing enables us to consistently implement our successful buy & build strategy in the future and to sustainably strengthen Aqua Group’s market position on its way to becoming a Germany-wide player. At the same time, we would like to thank Hypo Vorarlberg Bank and Raiffeisenlandesbank Oberösterreich for their great cooperation and support of the Aqua Group in recent years.”
Advisor Aqua Group and Rantum Private Equity Fund II on the various transactions:
RSM Ebner Stolz (Dr. Roderich Fischer, Holger Beck, Matthias Krankowsky, Alexander Stoll, Dr. Tobias Weiss).
Herter & Co — Teneo Capital Advisory (Paul Kim, Marvin Wruck) acted as exclusive debt advisor to Aqua Group and Rantum Private Equity Fund II. The debt financing was provided by
Crescent Capital (Nicole Waibel, Jannik Callenberg).
McDermott Will & Emery (Dr. Matthias Weissinger, Alexander Klein) provided legal advice to Aqua Group and Rantum Private Equity Fund II on the negotiation of the debt financing.