Munich \u2014 Deut\u00adsche Private Equity (DPE) announ\u00adces the successful sale of its port\u00adfo\u00adlio company Engel\u00admann Sensor (\u201cEngel\u00admann\u201d) to Rivean Capi\u00adtal. The exit from DPE Fund IV marks the successful comple\u00adtion of a strong growth phase for the company and is the second sale from the fund laun\u00adched in 2021. <\/p>\n
Since DPE joined the company five years ago, Engel\u00admann has deve\u00adlo\u00adped from a German heat meter specia\u00adlist into an inter\u00adna\u00adtio\u00adnal player for sub-meter\u00ading systems. Since 2021, Engel\u00admann has signi\u00adfi\u00adcantly expan\u00added its inter\u00adna\u00adtio\u00adnal custo\u00admer base, intro\u00addu\u00adced new products to the market and more than doubled its EBITDA. <\/p>\n
Sales and tech\u00adno\u00adlogy-driven growth Engel\u00admann also laun\u00adched inno\u00adva\u00adtive products in the areas of water, elec\u00adtro\u00adnic heat cost allo\u00adca\u00adtors and gate\u00adways. At the same time, inter\u00adna\u00adtio\u00adna\u00adliza\u00adtion was successfully driven forward in Europe as well as in selec\u00adted markets such as Canada and the United Arab Emirates. <\/p>\n The company also set stan\u00addards in the area of sustaina\u00adbi\u00adlity with the estab\u00adlish\u00adment of a recy\u00adcling program for elec\u00adtro\u00adnic compon\u00adents. In addi\u00adtion, produc\u00adtion effi\u00adci\u00adency was increased, proces\u00adses were auto\u00adma\u00adted and successful value engi\u00adnee\u00adring was imple\u00admen\u00adted in product development. <\/p>\n \u201cDPE proved to be an excel\u00adlent compa\u00adn\u00adion. The trus\u00adting coope\u00adra\u00adtion was exactly the right foun\u00adda\u00adtion for our sustainable growth and further inde\u00adpen\u00addence,\u201d says Michael Keuthen, CEO of Engelmann.<\/p>\n \u201cWith its diffe\u00adren\u00adtia\u00adted product offe\u00adring and considera\u00adble growth poten\u00adtial, Engel\u00admann was a perfect fit for our invest\u00adment focus. It was a plea\u00adsure to accom\u00adpany the manage\u00adment on its chal\u00adlen\u00adging growth path,\u201d adds Fabian R\u00fccker, Part\u00adner and Mana\u00adging Direc\u00adtor at Deut\u00adsche Private Equity.<\/strong><\/p>\n Engel\u00admann<\/em> is now embar\u00adking on its next growth round with Rivean Capi\u00adtal \u2014 the manage\u00adment remains invol\u00adved. The parties have agreed not to disc\u00adlose the purchase price of the tran\u00adsac\u00adtion. It is subject to the usual condi\u00adti\u00adons, inclu\u00adding appr\u00adoval by the compe\u00adti\u00adtion authorities. <\/p>\n Consul\u00adtant DPE:<\/strong><\/p>\n Houli\u00adhan Lokey<\/strong> (M&A), Milbank<\/strong> (Legal), Roland Berger<\/strong> (Commer\u00adcial), Deloitte<\/strong> (Finan\u00adcial) and FGS<\/strong> (Tax).<\/p>\n About Engel\u00admann About Deut\u00adsche Private Equity About Rivean<\/strong><\/p>\n Rivean Capi\u00adtal iden\u00adti\u00adfies compa\u00adnies with poten\u00adtial for acce\u00adle\u00adra\u00adted deve\u00adlo\u00adp\u00adment and offers stra\u00adte\u00adgic inter\u00adna\u00adtio\u00adnal mergers and acqui\u00adsi\u00adti\u00adons, orga\u00adnic growth initia\u00adti\u00adves and struc\u00adtu\u00adral impro\u00adve\u00adments to streng\u00adthen successful plat\u00adforms. We offer exten\u00adsive expe\u00adri\u00adence across all major indus\u00adtry sectors. Assets under manage\u00adment total around \u20ac 5 billion. \u2014 https:\/\/riveancapital.com\/<\/p>\n","protected":false},"excerpt":{"rendered":" Munich \u2014 Deut\u00adsche Private Equity (DPE) announ\u00adces the successful sale of its port\u00adfo\u00adlio company Engel\u00admann Sensor (\u201cEngel\u00admann\u201d) to Rivean Capi\u00adtal. The exit from DPE Fund IV marks the successful comple\u00adtion of a strong growth phase for the company and is the second sale from the fund laun\u00adched in 2021. Since DPE joined the company five years [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":57355,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-57357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\n
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\n Under the leader\u00adship of the manage\u00adment team led by CEO Michael Keuthen, CFO Diet\u00adrich Fabri\u00adcius<\/strong> and CSO Bene\u00addikt Heid<\/strong>, exten\u00adsive growth and profi\u00adta\u00adbi\u00adlity initia\u00adti\u00adves were imple\u00admen\u00adted. The company succee\u00added in gaining signi\u00adfi\u00adcant market share thanks to its leading product port\u00adfo\u00adlio and excel\u00adlent custo\u00admer service. <\/p>\n
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\n Foun\u00added in 1976 in Wies\u00adloch-Baier\u00adtal, Engel\u00admann offers a fully inte\u00adgra\u00adted product and service port\u00adfo\u00adlio of heat, cooling and water meters, elec\u00adtro\u00adnic heat cost allo\u00adca\u00adtors as well as gate\u00adways, soft\u00adware and data services. With one of the most compre\u00adhen\u00adsive product ranges on the market, Engel\u00admann is one of the few provi\u00adders to offer buil\u00adding meter\u00ading service provi\u00adders a complete end-to-end ecosys\u00adtem. Engel\u00admann supplies seve\u00adral million devices to custo\u00admers world\u00adwide every year. The company supports its custo\u00admers in effi\u00adci\u00adently imple\u00admen\u00adting the legal requi\u00adre\u00adments of the EU Energy Effi\u00adci\u00adency Direc\u00adtive and enab\u00adling precise, consump\u00adtion-based billing. <\/p>\n
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\n Deut\u00adsche Private Equity (DPE) is an inde\u00adpen\u00addent private equity firm that supports medium-sized compa\u00adnies on their growth path as a part\u00adner\u00adship inves\u00adtor. Over the past 18 years, DPE has deve\u00adlo\u00adped into one of the largest growth inves\u00adtors in the DACH region and curr\u00adently mana\u00adges total assets of over \u20ac3 billion. The core of DPE\u2019s invest\u00adment stra\u00adtegy lies in the areas of indus\u00adtrial tech\u00adno\u00adlogy, busi\u00adness services, IT and soft\u00adware, health\u00adcare, energy and envi\u00adron\u00admen\u00adtal tech\u00adno\u00adlogy. Within these sectors, DPE focu\u00adses on estab\u00adlished compa\u00adnies that hold a strong market posi\u00adtion with a leading product or service offe\u00adring and offer signi\u00adfi\u00adcant growth poten\u00adtial for the future. DPE is curr\u00adently inves\u00adt\u00ading \u20ac1 billion from its DPE Fund IV, which focu\u00adses on medium-sized compa\u00adnies in Germany, Austria and Switz\u00ader\u00adland. \u2014 www.dpe.de <\/p>\n