Beyond Capital Partners GmbH (“Beyond Capital”) advised Beyond Capital Partners Fund I on the disposal of its portfolio company EBERTLANG Distribution GmbH (“EBERTLANG”) together with the founders to HQ Equita, the direct investment company of HQ Capital. The parties agreed confidentiality about the purchase price.
EBERTLANG is the central interface between small- and medium-size companies and leading software vendors. The company offers these vendors access to the highly fragmented German-speaking market, with more than 17,000 IT-system houses, and provides both software distribution as well as product and channel management, marketing, training and technical support. EBERTLANG guides system houses in executing managed services and SaaS concepts for their end customers. EBERTLANG uses its industry-leading business intelligence database and personalized customer care throughout the process.
Since the acquisition of EBERTLANG in May 2017, Beyond Capital developed the company together with its founders towards a new growth path and as a result, achieved significant increase of sales and revenue of the firm. From this level, EBERTLANG together with its new shareholder HQ Equita, will use the opportunity to further follow the organic growth path as well as the expansion through add-on acquisitions.
“EBERTLANG is a success story and has furthermore enormous potential. We are pleased to have actively accompanied the company and its founders during this important phase of growth. With HQ Equita, the company will have a financially strong, stable and reliable partner for its future growth. Since the founders remain as shareholding managing directors in the company, a high level of continuity is guaranteed,” says Christoph D. Kauter, Managing Partner and founder of Beyond Capital Partners.
“EBERTLANG is the ideal partner for small- and mid-sized companies to maintain their IT-infrastructure for the future and fulfilling ever-increasing regulatory requirements, such as legally compliant archiving of emails. EBERTLANG is optimally positioned and set up for megatrends including digitization, IT-security, cloud services and regulatory compliance. We are delighted to enter the next phase of EBERTLANG’s development, working together with the strong team that founders Steffen Ebert and Volker Lang have built,” explained Florian Wiemken, Partner at HQ Equita.
“With the support of HQ Equita, we plan to drive our already-strong growth even higher. In addition to expanding our solutions portfolio in the software area, we plan to significantly strengthen our service offerings – which IT professionals in the German-speaking countries already value – in order to offer even better support to system houses in all matters relating to sophisticated infrastructure,” explained Steffen Ebert, founder and Co-CEO of EBERTLANG. “Besides expanding our offerings, with help from HQ Equita we will also advance our upcoming national and international expansion – also through acquisitions,” added Volker Lang, second founder and Co-CEO. Discussions with potential acquisition targets have already been started.
Beyond Capital Partners was supported in the transaction by Lincoln International (M&A), Latham & Watkins (law) and EY (financials). The management of EBERTLANG was advised by CMS (law).
HQ Equita was supported in the transaction by goetzpartners (M&A, commercial due diligence, debt advisory), Alvarez & Marsal (financial due diligence) and Watson Farley & Williams (law and taxes).
About HQ Capital
HQ Capital is a global alternative asset manager that has been investing in private equity and U.S. real estate on behalf of institutions and family offices since 1989. With approximately $12 billion in assets under management and more than 145 employees across 10 offices worldwide, HQ Capital has the platform and experience needed to effectively allocate capital in private markets.
HQ Equita is HQ Capital’s private equity direct investment arm. HQ Equita has developed into an established and trusted partner for middle-market companies, with approximately $1 billion of capital invested in over 30 small- and medium-sized enterprises in the German-speaking DACH region since 1992.
About EBERTLANG
EBERTLANG is the leading value-added distributor of infrastructure software for small and mid-sized companies in German-speaking Europe. Founded in 1995 and based in Wetzlar, Germany, the company’s approximately 60 employees provide leading software solutions and services in the areas of email archiving, back-up, IT-security, automation and IT-failover to a network of around 17,000 partners.
About Beyond Capital Partners
Beyond Capital Partners is a holding company focused on acquiring majority interests in profitable mid-sized enterprises in German-speaking Europe (Germany, Austria, Switzerland). With its portfolio companies LDBS Lichtdienst, Larsen Indoor Light Concept, Heitronic, sysob IT and BigCityBeats, Beyond Capital Partners currently holds interests in five businesses in the areas of lighting services, IT security and lifestyle & entertainment.
EUR 10-15 Mio.
Turnover
20 %
EBITDA
25
Employees
ECD International Holding GmbH was founded by Alexander Osterwald and Jörn Pfotenhauer in Stuttgart in 2004 and is a multidisciplinary and international full-service agency with proven expertise in the premium and luxury segment. ECD International has been established for 20 years and offers a wide range of international first-class services such as brand management, live marketing, communication, creative work, guest relations and CRM programs aiming at a demanding client base. The company offers groundbreaking “money can’t buy formats” for the world’s top brands based on their methodology called Emotional Relationship Marketing (ERM).
Together with the founders and managing directors of ECD International, Beyond Capital Partners will implement a targeted organic growth strategy with selective acquisitions and thus position the agency as the first point of contact for high-end brand events in the long term.
Headquarters
Stuttgart
Transaction
Buy-Out, succession solution
Industry
Agency
Business Model
Agency for Experiential Marketing
Add-ons
ReachCon GmbH
Fund Generation
Beyond Capital Partners Fund III
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EUR 5-15 Mio.
Turnover
>30 %
EBITDA
50
Employees
Holger Grelck Forstbaumschulen is one of the leading German forest nurseries for the cultivation of premium forest seedlings and grows many millions of seedlings annually on more than 100 hectares, on which a wide range of tree species, including sweet chestnut, oak, spruce, service tree and Douglas fir, are nursed. The forest tree nursery has been supplying municipalities, states as well as other nurseries and private forest owners since 1938 and has grown continuously in recent years. Our location in Halstenbek is the largest forest tree nursery region in Germany and is considered the “cradle of the forest” due to the fertile soil and optimal microclimatic conditions.
Forest tree nurseries are an important subgroup of tree nurseries and operate around 12% of Germany’s total tree nursery area. Overall, forest nurseries play a central role in the fight against climate change, as they are an integral part of the reforestation of German forests. At the same time, they enable companies to become more sustainable and achieve climate targets. Demand for seedlings for forestry plants has risen accordingly. The German forest relieves the atmosphere of 62 million tons of CO2 every year.
The aim is to further accelerate the impressive growth of Holger Grelck Forstbaumschulen together with Beyond Capital Partners and to continue its expansion through selective acquisitions.
Headquarters
Halstenbek
Transaction
Buy-Out, succession solution
Industry
Forestry
Business Model
Forest Nursery
Fund Generation
Beyond Capital Partners Fund III
We Stand for Trust, Passion and Integrity
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