Kürten/Wittstock (Germany), July 2, 2019 — AVS Verkehrs­si­che­rung (“AVS”), a port­fo­lio company of Triton Fund IV, has signed an agree­ment to acquire Lorenz GmbH (“Lorenz”), a renow­ned provi­der in the field of road marking and cons­truc­tion site safety based in Wittstock/Dosse. The merger is still subject to appr­oval by the anti­trust autho­ri­ties. The parties agreed not to disc­lose the purchase price. ARQIS advi­sed AVS Verkehrs­si­che­rung GmbH (AVS) on the acqui­si­tion of Lorenz GmbH (Lorenz).

Since 1992, Lorenz has many years of expe­ri­ence in the appli­ca­tion of high-quality and sustainable marking mate­ri­als, both in perma­nent and tempo­rary appli­ca­ti­ons. In addi­tion, Lorenz sees itself as a relia­ble supplier and outfit­ter of cons­truc­tion site safety equip­ment. The company is prima­rily active in the grea­ter Meck­len­burg area and Berlin, but also nati­on­wide, and works closely with both state deve­lo­pers, cities and muni­ci­pa­li­ties, and private cons­truc­tion companies.

“Lorenz employs more than 30 people, is known as a relia­ble service provi­der also nati­on­wide at 3 loca­ti­ons and ther­e­fore repres­ents an ideal addi­tion to the AVS Group’s range of services,” explains Andreas Schwin­ge­ler, COO at AVS.

AVS Verkehrs­si­che­rung is a leading specia­list provi­der of traf­fic safety services in Germany and Europe. The company is head­quar­te­red in Kürten, Germany, and offers all essen­tial services rela­ted to road safety projects. These range from initial plan­ning and obtai­ning permits to complete site cons­truc­tion and safety aspects. AVS is charac­te­ri­zed by its inter­na­tio­nal presence at 21 loca­ti­ons. In Germany, AVS is repre­sen­ted at 18 loca­ti­ons nati­on­wide. Inter­na­tio­nally, AVS has one loca­tion in Latvia and 2 loca­ti­ons in Denmark. AVS employs around 730 people.

About Triton
Since its foun­ding in 1997, Triton has laun­ched nine funds and focu­sed on compa­nies in the indus­trial, services, consu­mer goods and health­care sectors. The Triton funds invest in medium-sized compa­nies based in Europe and support their posi­tive development.Triton’s goal is to successfully deve­lop its port­fo­lio compa­nies over the long term by working in part­ner­ship. Triton and its manage­ment strive to gene­rate posi­tive change and growth through the sustainable impro­ve­ment of opera­tio­nal proces­ses and structures.Currently, Triton’s port­fo­lio includes 38 compa­nies with total sales of around 14.9, billion euros and appro­xi­m­ately 73,000 employees.

About ARQIS
This is now the fifth trans­ca­tion that ARQIS has accom­pa­nied for AVS. Most recently, Jörn-Chris­­tian Schulze’s team advi­sed AVS on the acqui­si­tion of Schötz Verkehrs- und Arbeits­s­tel­­len-Siche­rung GmbH (Schötz), a provi­der in the field of traf­fic and cons­truc­tion site safety based in Fürth.
ARQIS is an inde­pen­dent busi­ness law firm opera­ting in Germany and Japan. The firm was foun­ded in 2006 at its current offices in Düssel­dorf, Munich and Tokyo. Around 45 profes­sio­nals advise dome­stic and foreign compa­nies at the highest level on the core issues of German and Japa­nese busi­ness law. The focus is on M&A, corpo­rate law, private equity, venture capi­tal, employ­ment law, private clients, intellec­tual property, liti­ga­tion as well as real estate law and tax law. For more infor­ma­tion, visit www.arqis.com.