The investment company BWK acquires minority interest in Xactools
Mannheim/ Stuttgart — The internationally active management consultancy Homburg & Partner advised BWK GmbH Unternehmensbeteiligungsgesellschaft on the acquisition of a minority stake in Xactools GmbH and conducted the commercial due diligence.
In addition to BWK, the main shareholder is the managing partner Thomas Erb. Xactools was founded in 2012 and is a company specializing in the production of complex automation solutions in the field of measurement and testing technology. Thanks to its high level of technical know-how and innovative ability, the company has been able to establish an established customer base with well-known automotive suppliers and well-known mechanical engineering companies over the past few years.
Xactools distinguishes itself through customized production of special machines for measuring and testing technology. The increasing complexity of many end products requires increasing quality assurance and quality proofs in combination with higher efficiency in manufacturing. Measurement systems enable companies to detect defects in the product and in production and to document them. These high demands are met by Xactools GmbH, which develops ever more complex and accurate measuring and testing systems.
BWK GmbH Unternehmensbeteiligungsgesellschaft (www.bwku.de), based in Stuttgart, is one of Germany’s largest private equity companies and pursues a long-term investment approach. The company, which focuses on medium-sized businesses, was founded in 1990 and employs 14 people. BWK has around €300 million in investment funds and currently has around €150 million invested in 19 companies.
About Homburg & Partner
Homburg & Partner (H&P) is a specialized management consultancy with a focus on market strategy, sales and pricing. The Private Equity Competence Center combines methodological and industry expertise to support companies along the entire investment process. In doing so, H&P focuses on the following seven industries in particular with commercial due diligence and value enhancement projects:
1. automotive (especially tier 1 and tier 2 suppliers)
2. construction and building materials (everything around the building)
3. chemistry (especially specialty chemistry)
4. healthcare (especially medical technology, pharmaceuticals and OTC)
5. industrial goods and mechanical engineering (in particular component suppliers and service providers)
6. consumer investment goods
7. information & communication technology (especially software)
The commercial due diligence was performed by the Private Equity Competence Center:
Alexander Lüring (Partner CC Private Equity)
Felix Pleuger (Consultant CC Private Equity)