Frankfurt am Main — Beyond Capital Partners Fund II, advised by Beyond Capital Partners GmbH (“BCP”), has acquired a 75% majority stake in Frankfurt-based Xortec GmbH (“Xortec”), closing in January 2021.
Xortec is a leading value added distributor of holistic video surveillance and data communications solutions. The company’s focus is on the distribution of professional video surveillance solutions and a comprehensive accompanying service offering.Beyond Capital Partners already counted two value-added IT distributors in its portfolio in the past and was therefore able to convince the sellers with a promising and proven growth strategy.
Managing Director Hubert Irka explains the decision to sell shares to Beyond Capital Partners as follows: “For us, a partnership on an equal footing was decisive and, based on the positive experience during the negotiations, we are confident that we have found this partner in Beyond Capital Partners.”
“As an established and professional B2B service provider in the video surveillance and data communication solution segment, Xortec is one of the fastest growing providers in Germany and has stood for dynamism and quality for years. We are pleased to accompany the next growth stage together with the two founders. In the fragmented competitive environment, we see a very good opportunity to build Xortec into one of the leading providers in the DACH region with a broader product range and a pan-European sales market over the coming years, also through further acquisitions,” says Christoph D. Kauter, Founder and Managing Partner of Beyond Capital Partners.
About Beyond Capital Partners
Beyond Capital Partners is an investment company and acquires majority stakes in profitable medium-sized companies from the DACH region through the funds it advises, with a focus on the asset-light sectors of services, IT, software, healthcare, lifestyle and entertainment. www.beyondcapital-partners.com
Xortec GmbH, based in Frankfurt am Main, Germany, is a leading provider of network-based video surveillance and data communications solutions. The company focuses on the sale of professional video surveillance solutions and a comprehensive range of accompanying services.