Frankfurt am Main/ Fürth — VR Equitypartner acquires a minority stake in the Solectrix Group based in Fürth. The partnership is intended in particular to leverage further growth potential. The parties have agreed not to disclose the purchase price.
Solectrix specializes in complex “high-end electronics” solutions for the medical technology, automotive, film and manufacturing industries. As an innovator and independent full-service provider, Solectrix develops and manufactures sophisticated embedded electronics on behalf of customers and also offers specially developed electronic components and systems “off-the-shelf”. One focus is on FPGA technology for image processing solutions. Here, Solectrix supports its customers throughout the entire development chain, from the concept study to system design (hardware configuration and software programming) and prototype development to product certification. The focus is on complex medium-sized and large projects that require extensive know-how. The sale of our own products forms the core of our future growth strategy. With its more than 100 highly specialized employees, the company is excellently positioned in a market that is growing over the long term.
The sellers are the three founding partners and managing directors Lars Helbig, Stefan Schütz and Jürgen Steinert. All of them will continue to be available to the company in the long term, both as majority shareholders and as managing directors. In addition, the portfolio for embedded systems in the medical technology, imaging, automotive, industrial / plant engineering sectors is to be further developed together with VR Equitypartner, and the supraregional distribution of the company’s own products is to be expanded. If there is an appropriate strategic fit, acquisitions are also to be realized.
“With VR Equitypartner, we have found a long-term oriented, capital-strong and experienced equity investor. Due to the Corona pandemic, the process was delayed, but the mutual trust in VR Equitypartner’s minority concept was built all the stronger,” Jürgen Steinert, Managing Partner of the Solectrix Group, looks back and adds: “Solectrix has grown steadily in recent years — so we are pleased that the new investor will support us in leveraging further growth potential.”
Christian Futterlieb, Managing Director at VR Equitypartner, reinforces the joint venture: “Solectrix is a highly attractive company with excellent management and a motivated and technically specialized team in a growing market. Our goal of the cooperation is to continue the success story — for the customers and the employees in the region. ”
About VR Equitypartner GmbH
VR Equitypartner is one of the leading equity financiers in Germany, Austria and Switzerland. The company supports medium-sized family businesses in a goal-oriented manner and with decades of experience in the strategic solution of complex financing issues. Investment opportunities include growth and expansion financing, corporate succession or shareholder changes. VR Equitypartner offers majority and minority investments as well as mezzanine financing. As a subsidiary of DZ BANK, the central institution of the cooperative banks in Germany, VR Equitypartner consistently puts the sustainability of corporate development ahead of short-term exit thinking. VR Equitypartner’s portfolio currently comprises around 60 commitments with an investment volume of EUR 400 million. www.vrep.de
The transaction team at VR Equitypartner:
Michael Vogt, Klaus Schneider, Ömer Kaya, Alexander Koch, Frank Wildenberg
Consulting firms involved in the transaction by VR Equitypartner:
Financial: SGP Schneider Geiwitz GmbH Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft (Michael Hinterholzer and team)
Commercial: Bluemont Consulting GmbH (Markus Fränkel and team)
Legal / Tax: McDermott Will & Emery Rechtsanwälte Steuerberater LLP (Dr. Michael Cziesla, Norman Wasse, Dr. Heiko Kermer and Dr. Marion von Grönheim)