Aquin Advises:
On The Sale To:
Key Terms
| > | With retroactive effect from January 01, 2021, Haspa BGM, a leading investment company for medium-sized businesses, has acquired a majority stake in the German power supply specialist Schulz-Electronic GmbH (“Schulz-Electronic”) as part of a succession solution. |
| > | In the course of a management buy-out, Stefan Dehn, longtime sales manager, is also taking a stake in the company. The previous managing partner, Hubert Maier, will continue to provide advisory support during a transitional period to ensure a smooth transition. |
| > | Aquin acted as the sole M&A advisor to the two shareholders, Hubert Maier and Robert Bornhauser. |
Strategic Logic
| > | Haspa BGM is a long-term oriented investor who will continue the successful development of Schulz-Electronic together with the new management and employees and ensure the stability of the location in Baden-Baden. |
| > | Common goal of both parties is to continue the success story of the past years and to exploit the market potential, especially in the application areas of electromobility, regenerative energies and laser technology. |
Schulz-Electronic
| > | Schulz-Electronic GmbH is a value-added distributor of professional power supplies for laboratories and test facilities of demanding industrial customers in various industries. |
| > | The company has extensive technological know-how and also develops individual customer solutions based on high-quality products of selected suppliers. |
| > | Schulz-Electronic has achieved an outstanding position in the market with its solutions in trending fields such as battery development for electromobility and photovoltaics. |
Haspa BGM
| > | Haspa BGM is one of the leading investment companies for medium-sized companies and currently manages a portfolio of approximately 20 investments. |
| > | The subsidiary of the Hamburg Sparkasse AG focuses on equity investments in the form of both silent and open participations in medium-sized companies in Germany with sales of EUR 10 million or more. |