Primutec Gains New Ownership as Trill Impact Acquires
Deal News | May 21, 2025 | DPE Deutsche Private Equity Gm
Deutsche Private Equity (DPE) announced the sale of Primutec Solutions Group, a leading flat roofing services provider, to Trill Impact. DPE initially invested in Primutec in 2017, recognizing the potential within the flat roofing segment due to the ongoing demand for renovations and building emission reductions. Over the years, Primutec significantly expanded its market presence in Germany and the Netherlands, securing its position as the sector leader. Through a buy & build strategy, Primutec executed over ten acquisitions, quadrupling its revenue from €90 million to more than €360 million and growing to employ over 1,200 personnel. The transaction marks a successful exit for DPE from its DPE Deutschland III fund, underscoring its proficiency in the buy & build approach within Europe's Mittelstand.
Sectors
- Private Equity
- Construction Services
- Renewable Energy and Environmental Sustainability
Geography
- Germany – Germany is central to Primutec's operations and market leadership growth as emphasized by the narrative of the article.
- Netherlands – The Netherlands represents a key market for Primutec's expanded services post-acquisition strategy.
Industry
- Private Equity – DPE Deutschland III's involvement and exit from Primutec demonstrate typical private equity activities including buy & build strategy and successful exits.
- Construction Services – Primutec operates within the flat roofing services sector, a niche in the broader construction industry driven by renovation and emissions trends.
- Renewable Energy and Environmental Sustainability – Primutec complements its services with solar PV and green roofing, indicating its involvement in renewable energy and sustainability sectors.
Financials
- 360 million – The revenue that Primutec Solutions Group achieved under DPE ownership.
- 90 million – The revenue of Primutec Solutions Group when initially acquired by DPE in 2017.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| DPE Deutsche Private Equity | Seller/Private Equity Firm | Companies | DPE is the private equity firm that initially invested in Primutec and is facilitating its sale to Trill Impact. |
| Primutec Solutions Group | Target Company | Companies | A flat roofing services provider, known for its significant growth and market leadership in Germany and the Netherlands. |
| Trill Impact | Buyer | Companies | The acquiring entity of Primutec Solutions, looking to continue the company's growth trajectory. |
| Guido Prehn | Managing Partner at DPE | People | Quotation source providing insights into DPE's role and pride in Primutec's growth. |
| Marloes Kooijmans | CEO of Primutec | People | CEO of Primutec, discussing the company's growth and future plans. |