DEKOM: VR Equitypartner & SüdBG Secure Majority Stake in International AV Integrator

Deal News | Nov 21, 2024 | Legal Community Germany

DEKOM: VR Equitypartner & SüdBG Secure Majority Stake in International AV Integrator

In a significant transaction, VR Equitypartner and SüdBG have jointly acquired a majority stake in DEKOM AG, a prominent IT company specializing in audiovisual conference and collaboration solutions. This move sees DEKOM's CEO Simon Harke continuing his leadership role and securing a significant investment stake alongside other key managers. DEKOM AG, with its headquarters in Hamburg, operates as an AV integrator with a global presence, boasting over 25 years in the industry, more than 200 employees, and a client base exceeding 6,000. Its operations span Germany, Spain, the Netherlands, Belgium, Switzerland, and the U.S. VR Equitypartner (VREP), part of DZ BANK, alongside SüdBG, part of Landesbank Baden-Wrttemberg, are no strangers to supporting mid-sized companies with strategic financial solutions. The legal advisory role for VR Equitypartner and SüdBG was handled by Orrick and Swiss law firm Advoro, ensuring compliance across all jurisdictions involved.

Sectors

  • Private Equity
  • Information Technology

Geography

  • Germany – VR Equitypartner and DEKOM AG are both based in Germany, and the acquisition deal includes German companies and legal advisors.
  • Switzerland – The involvement of Swiss law firm Advoro highlights Switzerland's role in the transaction.

Industry

  • Private Equity – The acquisition of DEKOM AG involves private equity firms, marking significant equity investment in the company.
  • Information Technology – DEKOM AG operates within the IT industry, specializing in audiovisual conferencing and collaboration solutions.

Financials

    Participants

    NameRoleTypeDescription
    DEKOM AGTarget CompanyCompanyAn international IT provider specializing in audiovisual conference and collaboration solutions.
    VR EquitypartnerBidding CompanyCompanyA private equity firm, subsidiary of DZ BANK, investing in medium-sized family businesses.
    SüdBGBidding CompanyCompanyA wholly owned subsidiary of Landesbank Baden-Wrttemberg, supporting medium-sized businesses.
    OrrickLegal AdvisorCompanyProvided legal advice to VR Equitypartner and SüdBG with a dedicated team.
    AdvoroLegal AdvisorCompanySwiss law firm advising on all aspects of Swiss law involved in the transaction.
    Simon HarkeCEOPeopleCEO of DEKOM AG who will continue to lead the company post-transaction.