Frank\u00adfurt am Main \u2014 Deut\u00adsche Betei\u00adli\u00adgungs AG (DBAG) invests in R+S Group AG (R+S), a provi\u00adder of tech\u00adni\u00adcal buil\u00adding equip\u00adment. DBAG acqui\u00adres the shares of the previous majo\u00adrity share\u00adhol\u00adder, conzima Cons\u00adtruc\u00adtion GmbH, invests 15 million euros and enters into a long-term invest\u00adment. Haspa Betei\u00adli\u00adgungs\u00adge\u00adsell\u00adschaft f\u00fcr den Mittel\u00adstand mbH, which has alre\u00adady been a share\u00adhol\u00adder of R+S since 2010, will conti\u00adnue to hold an inte\u00adrest as a mino\u00adrity share\u00adhol\u00adder. The Board of Manage\u00adment of R+S will also acquire shares. The tran\u00adsac\u00adtion is subject to a finan\u00adcing contin\u00adgency and regu\u00adla\u00adtory appr\u00adoval; closing is expec\u00adted in April.<\/p>\n
Expan\u00added offe\u00adring through long-term investments R+S Group AG: Three inde\u00adpen\u00addent busi\u00adness units In recent years, R+S had grown mainly through corpo\u00adrate acqui\u00adsi\u00adti\u00adons. Howe\u00adver, plan\u00adned syner\u00adgies could not be achie\u00adved because the inte\u00adgra\u00adtion of the acqui\u00adred compa\u00adnies was not driven forward quickly enough. This had a nega\u00adtive impact on earnings, as did a number of major projects that were not suffi\u00adci\u00adently profi\u00adta\u00adble. In addi\u00adtion, promi\u00adsing new cons\u00adtruc\u00adtion projects were post\u00adpo\u00adned due to the pande\u00admic \u2014 this has affec\u00adted current capa\u00adcity utiliza\u00adtion. R+S has an attrac\u00adtive custo\u00admer base and a high order back\u00adlog. The market envi\u00adron\u00adment is good: The trend towards so-called smart buil\u00addings and energy-effi\u00adci\u00adent buil\u00addings ensu\u00adres contin\u00adued growth and expands the market espe\u00adci\u00adally for elec\u00adtri\u00adcal buil\u00adding equip\u00adment, which R+S mainly offers. The reor\u00adga\u00adniza\u00adtion of the company, which is alre\u00adady well advan\u00adced, is to be comple\u00adted in the coming years to enable further profi\u00adta\u00adble sales growth. Corpo\u00adrate acqui\u00adsi\u00adti\u00adons should then also contri\u00adbute to this again. DBAG streng\u00adthens the equity and thus acce\u00adle\u00adra\u00adtes the successful reor\u00adga\u00adniza\u00adtion of the company.<\/p>\n \u201cWe are inves\u00adt\u00ading in a company in the core indus\u00adtrial services sector and with an attrac\u00adtive market posi\u00adtion that has crea\u00adted good condi\u00adti\u00adons for successful further deve\u00adlo\u00adp\u00adment over the past two years,\u201d said Jannick Hune\u00adcke, photo, member of the DBAG Manage\u00adment Board<\/strong> on the occa\u00adsion of the signing of the contract on Friday. \u201cDBAG has been very successful in inves\u00adt\u00ading in compa\u00adnies with simi\u00adlar busi\u00adness models in the past and will use its expe\u00adri\u00adence to further advance R+S as a long-term partner.\u201d<\/p>\n Ralph Burk\u00adhardt, Chair\u00adman of the Board of Manage\u00adment of R+S Group AG, empha\u00adsi\u00adzes not only the finan\u00adcial contri\u00adbu\u00adtion but above all the substan\u00adtive contri\u00adbu\u00adtion of DBAG: \u201cWith our new share\u00adhol\u00adders, we are well posi\u00adtio\u00adned to expand our range of services to include further trades and to turn more stron\u00adgly to custo\u00admers in parti\u00adcu\u00adlarly promi\u00adsing industries.\u201d<\/p>\n About DBAG<\/p>\n Deut\u00adsche Betei\u00adli\u00adgungs AG, a listed company, initia\u00adtes closed-end private equity funds and invests \u2014 predo\u00admi\u00adnantly along\u00adside DBAG funds \u2014 in well-posi\u00adtio\u00adned medium-sized compa\u00adnies with poten\u00adtial. One focus for many years has been indus\u00adtry. An incre\u00adasing propor\u00adtion of equity invest\u00adments are in compa\u00adnies in the growth sectors of broad\u00adband tele\u00adcom\u00admu\u00adni\u00adca\u00adti\u00adons, IT services\/software and health\u00adcare. The long-term, value-enhan\u00adcing entre\u00adpre\u00adneu\u00adrial invest\u00adment approach makes DBAG a sought-after invest\u00adment part\u00adner in the German-spea\u00adking region. Assets mana\u00adged and advi\u00adsed by the DBAG Group amount to 2.5 billion euros.<\/p>\n","protected":false},"excerpt":{"rendered":" Frank\u00adfurt am Main \u2014 Deut\u00adsche Betei\u00adli\u00adgungs AG (DBAG) invests in R+S Group AG (R+S), a provi\u00adder of tech\u00adni\u00adcal buil\u00adding equip\u00adment. DBAG acqui\u00adres the shares of the previous majo\u00adrity share\u00adhol\u00adder, conzima Cons\u00adtruc\u00adtion GmbH, invests 15 million euros and enters into a long-term invest\u00adment. Haspa Betei\u00adli\u00adgungs\u00adge\u00adsell\u00adschaft f\u00fcr den Mittel\u00adstand mbH, which has alre\u00adady been a share\u00adhol\u00adder of [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":37065,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1369,1371],"tags":[],"class_list":["post-43413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-investors","category-deals-en","news-category-private-equity-news-en"],"yoast_head":"\n
\n<\/strong>
\nDBAG has expan\u00added its offe\u00adring to mid-market compa\u00adnies to include equity invest\u00adments that it can hold in the port\u00adfo\u00adlio for longer than the matu\u00adrity limits of conven\u00adtio\u00adnal private equity funds allow. DBAG ther\u00ade\u00adfore does not enter into such invest\u00adments as a co-inves\u00adtor along\u00adside the DBAG funds it initia\u00adtes, but finan\u00adces them exclu\u00adsi\u00advely with funds from its own balance sheet. In this context, DBAG supports fast-growing compa\u00adnies as a mino\u00adrity share\u00adhol\u00adder and acqui\u00adres majo\u00adrity stakes in compa\u00adnies with opera\u00adtio\u00adnal chal\u00adlenges. In both cases, sustainable corpo\u00adrate deve\u00adlo\u00adp\u00adment requi\u00adres a longer holding period than in the buyout busi\u00adness. A first long-term parti\u00adci\u00adpa\u00adtion was agreed in Septem\u00adber 2020:
\nHaus\u00adheld AG deve\u00adlops intel\u00adli\u00adgent meter solu\u00adti\u00adons for elec\u00adtri\u00adcity networks \u2014 DBAG has since accom\u00adpa\u00adnied the company\u2019s growth as a mino\u00adrity shareholder.<\/p>\n
\n<\/strong>
\nR+S is one of the leading compa\u00adnies in tech\u00adni\u00adcal buil\u00adding equip\u00adment. R+S imple\u00adments, controls and main\u00adta\u00adins projects for muni\u00adci\u00adpa\u00adli\u00adties, health care, indus\u00adtry and ship\u00adbuil\u00adding in parti\u00adcu\u00adlar. R+S is a full-service provi\u00adder; its range of services includes elec\u00adtri\u00adcal system cons\u00adtruc\u00adtion, energy and control tech\u00adno\u00adlogy, and heating\/air condi\u00adtio\u00adning and venti\u00adla\u00adtion tech\u00adno\u00adlogy. Among the better-known current projects are the cons\u00adtruc\u00adtion of the new Termi\u00adnal 3 at Frank\u00adfurt Airport and an exten\u00adsion for Frank\u00adfurt Univer\u00adsity Hospi\u00adtal. Tech\u00adni\u00adcal buil\u00adding equip\u00adment accounts for just over 50 percent of sales. The company\u2019s offe\u00adring is supple\u00admen\u00adted by two orga\u00adniza\u00adtio\u00adnally inde\u00adpen\u00addent busi\u00adness units \u2014 person\u00adnel services and a high-perfor\u00admance elec\u00adtri\u00adcal trade. In 2020, R+S gene\u00adra\u00adted around 360 million euros in sales. The company employs 3,000 people at 30 loca\u00adti\u00adons in Germany, inclu\u00adding around 500 at its head\u00adquar\u00adters in Fulda (Hesse).<\/p>\n