Acquisitions in North Rhine-Westphalia, Germany

PHARMSOFT Dr. B. Rodust GmbH, a provider of pharmacovigilance (PV) databases and PV services, is being integrated into the CERTANIA Group to strengthen CERTANIA’s life sciences portfolio. Following the transaction, PHARMSOFT will work closely with CERTANIA portfolio company SocraMetrics GmbH to combine PV software and services capabilities, including PHARMSOFT’s validated PV database saphëus.

RESVION, a Frankfurt-based investment company focused on special situations and growth, acquired 100% of the shares of Tremonia Mobility GmbH, a leading German minibus manufacturer based in Dortmund. The shares were purchased from AEQUITA, which had previously implemented Tremonia Mobility’s carve-out from Daimler Buses. RESVION plans to accelerate Tremonia Mobility’s growth and expansion across Europe, including its low-emission and battery-electric minibus offerings.

NPM Capital has agreed to acquire a majority stake in Elbfrost, a Germany-based food distributor and logistics service provider, becoming a new shareholder alongside the company’s management. The transaction is expected to close in the third quarter of 2025, subject to regulatory approvals, and is intended to support Elbfrost’s organic growth and future acquisitions.

Funds advised by Triton have agreed to sell all shares of FläktGroup to Samsung Electronics Co., Ltd. for €1.5 billion (enterprise value €1.8 billion). The transaction is subject to regulatory approvals and customary closing conditions and is expected to close in 2025.

bluu unit, a Triton Mittelstand Fund II portfolio company, acquired WILMS Refrigeration-Air Conditioning-Ventilation System Technology GmbH ("WILMS") in Mönchengladbach, Germany. The deal expands bluu unit’s presence in North Rhine-Westphalia and strengthens K3 Kälte Klima Köln GmbH, an existing member of the bluu unit alliance.

Rivean Capital and the Dataciders GmbH management team signed a binding agreement to acquire Dataciders GmbH from investment funds advised by AUCTUS Capital Partners AG. Headquartered in Dortmund, Dataciders is a leading German data & analytics / IT services provider, and Rivean will support the next growth phase with capital and strategic know-how, including further add-on acquisitions. The purchase price was not disclosed and closing is planned for January 2024, subject to customary conditions including antitrust approval.

Slate Asset Management acquired a majority stake in amperio GmbH, a Germany-based planner, installer, and operator of electric vehicle charging infrastructure. As part of the deal, Slate created Slate Mobility GmbH & Co. KG to finance and own EV charging equipment while receiving management services from amperio, supporting amperio’s expansion across Germany.

Ringbeck GmbH, a portfolio company of AURELIUS Wachstumskapital SE & Co. KG (AURELIUS Growth Investments), has acquired Roehse & Fischer GmbH & Co KG. The deal is Ringbeck’s third add-on acquisition since AURELIUS Growth Investments invested in Ringbeck in February 2021, supporting a buy-and-build strategy in gardening and landscaping services.

FLEX Capital has sold the majority of its shares in Egoditor GmbH, a German QR code software and marketing platform provider, to Bitly Inc. FLEX and Egoditor’s founders stated they will continue the next growth phase with Bitly, and FLEX plans to reinvest a significant portion of the proceeds into Bitly.

Macquarie Asset Management, through its Macquarie Super Core Infrastructure Fund, has agreed to acquire Thyssengas, Germany’s second-largest gas transmission system operator. The business is being purchased from DIF and EDF Invest, and operates a 4,400-kilometre gas transmission network across Germany’s industrial heartland of North Rhine-Westphalia.

On June 24, 2021, Ringbeck GmbH, a portfolio company of AURELIUS Wachstumskapital SE & Co. KG (AURELIUS Growth Investments), acquired Dieter Berg GmbH. The deal is Ringbeck’s first add-on acquisition following AURELIUS Growth Investments’ investment in Ringbeck in February 2021, expanding the group’s gardening, landscaping, and green roof services footprint in North Rhine-Westphalia.

On March 5, 2021, G&N Gefahrenmelde- und Nachrichtentechnik GmbH (a portfolio company of AURELIUS Growth Investments) acquired TELROTH GmbH. TELROTH provides technical building technology services for fire alarm systems, security technology, and IT/telecommunications, and the deal expands G&N’s footprint in the Cologne/Düsseldorf region as part of a buy-and-build strategy.

Equistone-backed Amadys acquired tso GmbH as an add-on to establish an initial market presence in Germany. tso, based in Halver, provides splicing and measurement technology, equipment, and related services for fibre optic communications networks, strengthening Amadys’ offering for telecom infrastructure customers in the DACH region.

AURELIUS Wachstumskapital SE & Co. KG (AURELIUS Growth Investments) acquired a stake in Ringbeck GmbH, a provider of gardening, landscaping, and roof greening services. The investment is intended to support Ringbeck’s growth via an active buy-and-build strategy in the DACH region, with existing management (including Wilhelm Ringbeck and Karsten Suckau) retaining meaningful ownership.

Triton’s Smaller Mid-Cap Fund (TSM) signed and subsequently completed the acquisition of a majority stake in Inwerk GmbH, a leading German omnichannel provider of professional office furniture. The deal is intended to support Inwerk’s continued growth and expansion strategy; financial terms were not disclosed.