Acquisitions in Lower Saxony, Germany

Oakley Capital announced that Oakley Capital Fund V is investing in Konzept & Marketing (K&M), an independent Managing General Agent in Germany’s personal non-life insurance market. Oakley is investing alongside insurance veteran Joachim Müller, who will become Chairman and oversee a buy-and-build strategy, with the transaction expected to complete in Q4 2024.

TonerPartner Group, backed by Rivean Capital, acquired 100% of Trensco GmbH & Co. KG, including its brands HD Toner and HQ-Fit. The deal strengthens TonerPartner’s position in the German online market for printer ink and toner and supports continued expansion of the TonerPartner platform.

BuildTec Software Group, backed by funds advised by Bregal Unternehmerkapital (BU), has acquired GLASER Programmsysteme GmbH with immediate effect. The transaction adds GLASER’s construction planning software (including CAD solutions for structural engineering) to BuildTec’s portfolio and is intended to expand BuildTec’s product range and international customer base across Europe.

beaconsmind AG agreed to acquire a 51% controlling stake in FREDERIX Hotspot GmbH, a Hannover, Germany-based provider of corporate WiFi solutions and cloud-based WLAN hotspot technology. The consideration is paid via the issuance of 155,500 new beaconsmind shares valued at EUR 13 per share (approximately EUR 2.02 million), and beaconsmind will fully consolidate FREDERIX’s financials and cash flows going forward. eKomi Holding GmbH, a key FREDERIX shareholder, will become a strategic shareholder in beaconsmind as part of the transaction.

Ringbeck GmbH, a portfolio company of AURELIUS Growth Investments (AURELIUS Wachstumskapital SE & Co. KG), has acquired K.W. Siefken GmbH & Co. KG. The deal is Ringbeck’s second add-on acquisition since AURELIUS’s investment in February 2021 and supports a buy-and-build strategy in gardening and landscaping services, expanding Ringbeck’s footprint in Northern Germany.

AddSecure, a European provider of premium IoT solutions, entered into an agreement to acquire International Security Group GmbH (ISG), a German provider of mobile video Surveillance-as-a-Service marketed as Video Guard. The deal expands AddSecure into the fast-growing video surveillance market and adds video Surveillance-as-a-Service to its offering. ISG will continue to be led by Managing Director Jörn Windler post-acquisition as it is integrated into AddSecure.

Providence Strategic Growth (PSG) and Verdane entered into a definitive agreement to invest in Hornetsecurity Group, a European provider of cloud-based email security and data protection. PSG affiliates will become new shareholders while Verdane re-invests, supporting Hornetsecurity’s continued growth and potential strategic M&A. Financial terms were not disclosed.