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Key Terms
| > | With effect from August 30, 2012, a bicycle retail group (anonymous) operating throughout the German market, successfully procured growth capital for further expansion provided by the HANNOVER Finanz Group. |
| > | Aquin acted as the exclusive M&A advisor to the retail group and will continue to accompany its further growth. |
Strategic Logic
| > | The German bicycle retail industry is about to face a drastic change. The reason for this is the massive extension of variety of bicycle specifications, which have to be offered accordingly and kept in stock by the branches. Considering this background, the owner already led the retail group to being one of the biggest bicycle retailers in Germany. |
| > | HANNOVER Finanz will not only ensure the future financing of the groups further growth, but also act as an experienced partner in the branch business. It is a declared goal of both parties to turn the bicycle retail group into the distinct market leader within the German-speaking region over the next years. |
| > | The fast growing bicycle retail group is represented by a dense branch network throughout Germany and acts as one of the largest e-bike suppliers on the German market. |
| > | Core strategy is to present the world of biking in the context of a complete shopping experience for the customer. This is built on a mega store concept, which not only includes an indoor-cycling test track, but also keeps all common bicycle models and types in stock. |
| > | Founded in 1979, the HANNOVER Finanz Group focuses on long term participations in mid-sized companies. Commitments range from traditional industries to retail as well as new technologies. |
| > | In 2012, the invested capital amounts to more than 350 million euros allocated to 48 portfolio companies. |
| > | Reasons for investments are growth financing and succession planning for solid, mid-sized companies. |