The Massenberg Group, a portfolio company of DPE Deutsche Private Equity (“DPE”), has acquired the French Aéro Solutions SAS (“Aéro Solutions”). The acquisition is subject to the condition precedent of regulatory approvals. The seller of Aéro Solutions’ shares is the founder and CEO of Aéro Solutions, Sebastian Thielkes, who will continue to manage the company. The parties have agreed not to disclose details of the transaction.
Founded in 2013, Aéro Solutions is one of the leading specialist companies in Europe for demanding maintenance work on cooling towers in the energy and industrial sectors, with around 30 employees.
Massenberg and Aéro Solutions, both industry leading experts in their market segments, complement each other perfectly with their services: With the second acquisition within one year, the Massenberg Group expands its service portfolio of building maintenance by the repair of natural draught and cellular cooling towers and thus offers its customers in Germany and France even more expertise from one source. Through this transaction, the Massenberg Group grows to more than 450 employees at 15 locations in three countries and pursues its expansion course.
In June 2019, DPE acquired a stake in Massenberg together with Heiner Stahl, CEO of the Massenberg Group.
DPE is a growth investor focused on medium-sized companies, investing in companies in Germany, Austria and Switzerland.
BMHAVOCATS advises THE MASSENBERG GROUP for this TRANSACTION, under the lead of HONERT + PARTNER, for the French legal aspects WITH THE FOLLOWING TEAM:
Dr. Antje Luke (corporate law, M&A, head of due diligence, official proceedings), with Vincent Capelle
Dr. Aymeric Le Goff (labour law), with Almut Weise
Christophe Jolk (tax law)
Stéphane Dassonville (IP, IT)