Exit: VR Equitypartner sells stake in GHM Holding to GENUI
Frankfurt am Main / Hamburg — The Frankfurt-based investment company VR Equitypartner is selling its shares in the Remscheid-based measurement and control technology specialist GHM Group. The shares of VR Equitypartner and Bayern LB Private Equity GmbH i.L., which was previously also involved, will be taken over by the Hamburg-based investment company GENUI. The transaction is still subject to antitrust and foreign trade clearance. The parties have agreed not to disclose the purchase price.
As a specialist in the field of measurement and control technology, the GHM Group operates in the business areas of industrial sensors and electronics, environmental measurement technology, and mobile measurement equipment. The company has locations in Germany and Italy and is also present worldwide with sales representatives. Customers are mainly from the mechanical and plant engineering, transport technology, environmental technology, meteorology, water treatment and laboratory equipment sectors.
VR Equitypartner invested in the GHM Group in 2013. Since then, a successful buy-and-build strategy has been implemented with two add-on transactions (Delta Ohm and Val.Co) in Italy and the company has been further developed with a focus on profitable growth.
“We have achieved a lot at GHM over the past years. I am pleased that we have thus been able to lay a stable foundation for profitable growth at GHM under the new shareholder structure,” explains Christian Futterlieb, Managing Director at VR Equitypartner, adding, “I am convinced that we have found the ideal new partner for the company in GENUI, because the company understands SMEs and brings a broad range of expertise to the table.”
VR Equitypartner GmbH at a glance
VR Equitypartner is one of the leading equity financiers in Germany, Austria and Switzerland. The company supports medium-sized family businesses in a goal-oriented manner and with decades of experience in the strategic solution of complex financing issues. Investment opportunities include growth and expansion financing, corporate succession or shareholder changes. VR Equitypartner offers majority and minority investments as well as mezzanine financing. As a subsidiary of DZ BANK, the central institution of the cooperative banks in Germany, VR Equitypartner consistently puts the sustainability of corporate development ahead of short-term exit thinking. VR Equitypartner’s portfolio currently comprises around 60 commitments with an investment volume of EUR 400 million. www.vrep.de.
The transaction team at VR Equitypartner:
Jan Markus Drees, Maximilian Finkbeiner, Margarita Decker, Jens Schöffel, Simone Weck
Consulting firms involved in the transaction by VR Equitypartner:
M&A: Stephens Europe Ltd (Stephens), Gerhard Gleich and Robin Brandenbusch
Financial / Tax: Warth & Klein Grant Thornton AG, Harald Weiß (Financial) and Dr. Stefan Hahn (Tax)
Legal: Noerr Partnerschaftsgesellschaft mbB (NOERR), Dr. Martin Neuhaus and Gerrit Henze