September 10, 2020
Industrials and Industrial Technology
GCA Altium has advised DPE on the acquisition financing of B plus L
GCA Altium has advised DPE on the financing of the acquisition of B plus L group (consisting of B plus L Infra Log GmbH and Defoxx GmbH), a leading provider of construction site services, including a container rental business, in Germany.
Founded in 2009 by Gunnar Förster, Dresden-based B plus L group is a leading, fully integrated construction site service provider with c. 250 employees. It currently has around 1,000 active projects, making the group one of the fastest growing companies in its sector. B plus L provides its customers with construction site services, facilities and equipment (sanitary, office, storage, power distributors, construction lightning, water distribution, etc.).
Thorsten Weber, Managing Director at GCA Altium, commented: “We are delighted to have advised DPE on this financing transaction. B plus L has considerable potential to further expand the business – together with the company’s strong management team, DPE will, as a strong and experienced partner, lead the group into the next growth phase.”
GCA Altium provided debt advice on all commercial aspects of the financing transaction and advised DPE on a tailored debt financing, which reflects the growth potential of the group.
The transaction closed on 4th September 2020.