DEKOM AG's Global Expansion Fueled by New Stakeholders

Deal News | Nov 13, 2024 | Orrick

DEKOM AG's Global Expansion Fueled by New Stakeholders

DEKOM AG, a leading international AV integrator with over 25 years of experience, has received a significant investment boost as private equity firms VR Equitypartner and SüdBG acquire a majority stake. Based in Hamburg, Germany, DEKOM AG specializes in providing customized audiovisual conference and collaboration solutions across Europe and the United States. Following the acquisition, DEKOM's CEO, Simon Hrke, will continue to lead the company, cooperating closely with a number of managers from foreign entities who will also hold significant stakes as part of the transaction. VR Equitypartner and SüdBG are known for their support of medium-sized family businesses in strategic financing solutions and bring extensive expertise to the table as subsidiaries of DZ BANK and Landesbank Baden-Wurttemberg, respectively. The transaction is expected to strengthen DEKOM's position in the European AV market, while exploring new growth opportunities influenced by megatrends such as ESG and AI. VR Equitypartner's Managing Director, Christian Futterlieb, expressed optimism about the investment, highlighting DEKOM's adaptability and market understanding. Simon Hrke also emphasized the strategic advantage provided by VREP and SdBG in further cementing DEKOM's market leadership.

Sectors

  • Private Equity
  • Information Technology
  • Telecommunications

Geography

  • Germany – DEKOM AG is based in Hamburg, Germany, and VR Equitypartner is in Frankfurt, indicating a primary focus within Germany.
  • Europe – DEKOM AG has locations throughout Europe, including Germany, Spain, the Netherlands, Belgium, and Switzerland, signaling a European market focus.
  • United States – DEKOM AG also has a presence in the United States, indicating a transatlantic business scope.

Industry

  • Private Equity – The acquisition by two private equity firms highlights their strategic involvement and investment in DEKOM AG.
  • Information Technology – DEKOM AG specializes in IT solutions, particularly in audiovisual conference and collaboration technologies.
  • Telecommunications – The focus on audiovisual solutions places DEKOM AG within the telecommunications sector.

Financials

    Participants

    NameRoleTypeDescription
    DEKOM AGTarget CompanyCompanyA Hamburg-based international AV integrator offering IT and audiovisual solutions.
    VR EquitypartnerBidding CompanyCompanyA prominent equity financier supporting medium-sized family businesses across Germany, Austria, and Switzerland.
    Süd Beteiligungen GmbH (SüdBG)Bidding CompanyCompanyWholly owned subsidiary of Landesbank Baden-Wurttemberg, specializing in equity solutions for medium-sized enterprises.
    OrrickLegal AdvisorCompanyProvided legal advisory services to VR Equitypartner and SüdBG.
    Simon HrkeCEOPersonCEO of DEKOM AG, who will continue to lead the company following the acquisition.
    Christian FutterliebManaging DirectorPersonManaging Director of VR Equitypartner, involved in the acquisition.