Transaction Details

June 17, 2015
Frankfurt, Munich

Sector

Industrials and Industrial Technology, Business Services

Deal Type

M&A

Deal Value

N/D

Deal Team

Sascha Pfeiffer, Axel Bauer, Jan Greim-Kuczewski

GCA Altium has acted as financial adviser to Capiton, SüdBG and the management of svt Group on the sale of svt Group to IK Investment Partners

GCA Altium has acted as financial adviser to Capiton, SüdBG and the management of svt Group on the sale of svt Group to IK Investment Partners. Financial terms of the transaction are not disclosed. This transaction marks GCA Altium's 7th in the Business Services space in 2015.

Established in Seevetal, Hamburg, Germany in 1969, svt is a leading provider of solutions for preventive passive fire protection products and installations and restoration management post fire, water and hazardous damages. The Group operates in two segments – passive fire protection and restoration management, which share know-how and experience. svt operates a network of 22 branches in Germany, and has a local presence in Poland and Russia and a large international partner network. svt has developed fire safety solutions for a wide clientele, including the 2014 Winter Olympics in Sochi, Russia and the new headquarter of the European Central Bank in Frankfurt, Germany. Solutions for fire safety are a growth market worldwide because of increased awareness and regulation. The Group has over 300 employees and generated sales of EUR 80 million in 2014.

“svt has a reputation for innovation and expertise amongst its customers throughout Germany and internationally. Together with svt’s management team we will continue to build on the Group’s strong market position, know-how and product offering developed over the last 46 years to further drive growth in Germany and internationally by expanding svt’s product portfolio, service offering and regional set up both in passive fire protection and restoration management. IK is well-positioned to support svt thanks to our experience with the previous investment in Minimax Viking, a global leader in the active fire protection industry,” says Anders Petersson, Partner at IK.

“We are delighted to team up with IK as we feel that they truly understand the market for fire protection and share our international ambitions for the Group. We are a growing business in an industry in which IK has extensive expertise. We are certain that IK can support us in the growth of our business and our aim of improving fire safety in society and further building our damage management segment. We would like to thank Capiton and SüdBG for their support and contribution to the development of svt over the last years,” says Steffen Gerdau, CEO of svt Group.

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