Grünwald /Eningen unter Achalm — G&N Holding GmbH (“G&N” or “G&N Group”), a portfolio company of AURELIUS Wachstumskapital, has acquired Renz Sicherheitstechnik GmbH & Co KG (“Renz Sicherheitstechnik”). The company offers high-quality services in the field of technical building equipment for fire alarm systems, security technology as well as IT and telecommunications technology.
A significant share of sales is generated with maintenance and service. In addition, Renz Sicherheitstechnik has its own 24/7 service and emergency call center. The company’s headquarters are located in Eningen unter Achalm. A further four branches are located on Lake Constance, in Ulm, in Allgäu and in Heilbronn. G&N’s existing locations in southern Germany will be suitably expanded. The operational management of Renz Sicherheitstechnik by Björn Renz and Jörg Schwarz will continue in the long term after the transaction. In addition, Björn Renz remains significantly involved and strengthens the existing management of the G&N Group.
The acquisition represents the fourth add-on acquisition of the G&N Group and strengthens its market position as a leading manufacturer-independent service provider throughout Germany. This underscores AURELIUS Growth Capital’s active approach to expanding portfolio companies through strategic acquisitions of market participants.
“The existing management team around Björn Renz has achieved impressive growth and developed the company into one of the region’s leading service providers in the security and communications technology sector in southern Germany. We are proud to work with Renz Sicherheitstechnik to strengthen the market position of the G&N Group in Germany,” said Nico Vitense, Managing Partner at AURELIUS Wachstumskapital.
“A partnership between the G&N Group and Renz Sicherheitstechnik significantly strengthens our market position in the economically strong region of Southern Germany. We are very much looking forward to working with Björn Renz and Jörg Schwarz and their entire team,” commented Stefan Carle (Managing Director and Co-CEO of G&N) and Christian Dahl (Managing Director and Co-CEO of G&N).
“We value the G&N Group as a long-standing confidant in the market. With AURELIUS growth capital behind us, we are convinced that we can continue to expand the company sustainably and build on the historical growth. The team and I are looking forward to the future together and the next steps,” added Björn Renz (Managing Director of Renz Sicherheitstechnik).
On the part of AURELIUS Growth Capital, Managing Partner Nico Vitense and his team managed the transaction.
Advisor AURELIUS Growth Capital
Bluemont Consulting (Markus Fränkel, Commercial Due Diligence),
Ebner Stolz (Jörg Schoberth, Financial and Tax Due Diligence)
Kuzaj Wittmann & Partner (Hans-Jörg Wittmann, legal due diligence and legal advice).
AURELIUS is a pan-European alternative investment group with offices in London, Luxembourg, Munich, Amsterdam, Stockholm, Madrid, Milan, Berlin and Düsseldorf. AURELIUS has extensive operational expertise as well as experience and is thus in a position to accelerate the value creation process in its portfolio companies.
The main investment platforms are the AURELIUS European Opportunities IV Fund and the exchange-traded AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, stock exchange symbol: AR4), which acquire group spin-offs and companies with development potential in the midmarket sector. The core element of the investment strategy is to grow the portfolio companies with a team of nearly 100 in-house operational taskforce experts.
AURELIUS is also active in the business areas of growth capital, real estate and alternative forms of financing. AURELIUS Growth Capital participates in LBO transactions for midmarket succession solutions. AURELIUS Real Estate Opportunities focuses on real estate investments with sustainable value enhancement potential through active management. AURELIUS Finance Company offers flexible financing solutions for companies throughout Europe.