The Goldbeck family of entrepreneurs and their partner Björn-Hendrik Robens have invested in HWP through their company Goldbeck Robens Industrial Partners (GRIP).
GRIP is taking over the shares of Adiuva Capital, which has provided HWP with entrepreneurial support since 2019. During this time, HWP Handwerkspartner has almost tripled its total annual output.
The Goldbeck family owns the largest family-owned German construction firm with a total output of c. EUR 5bn. Goldbeck GmbH was founded in 1969 and has over 10,000 employees in more than 100 locations throughout Europe.
As a technology leader, Goldbeck is an ideal complement to HWP´s construction services and brings fresh impetus to the HWP Group.
CODEX Partners provided the Commercial Vendor Due Diligence of HWP for Adiuva Capital.
CODEX Partners advises investors on commercial due diligence and vendor due diligence, strategy development, cost optimization, and restructuring of portfolio companies, as well as on developing industry platforms. Investors benefit from our experience of over 700 projects.
Harald Quandt Industriebeteiligungen GmbH (HQIB) acquired a majority interest in mediCAD SRB Software GmbH and its subsidiaries in March 2023. The previous owner, Jörn Seel, will remain shareholder and CEO of the group. The parties have agreed not to disclose further details of the transaction.
mediCAD develops and distributes software for planning surgical operations in which joints are replaced (endoprosthetics) or preserved (traumatology and axis corrections). The product portfolio also includes innovative mixed reality solutions to support surgeons during operations and other value-added software tools. In total, nearly 3,000 hospitals and clinics and approximately 10,000 orthopedists and surgeons rely on mediCAD’s software solutions, which are approved in most parts of the world (FDA and MDR certified).
CODEX Partners provided the Commercial Due Diligence of mediCAD Group for HQIB.
CODEX Partners advises investors on commercial due diligence and vendor due diligence, strategy development, cost optimization, and restructuring of portfolio companies, as well as on developing industry platforms. Investors benefit from our experience of over 700 projects.
German Equity Partners V (“GEP V”), a fund managed by the independent German investment company ECM Equity Capital Management GmbH (“ECM”), has acquired a majority stake in Education Group. GEP V acquired the majority of the shares from the companies’ founders, who together with ECM intend to continue their successful development with combined forces as Education Group. The parties have agreed not to disclose the purchase price or further details of the transaction.
The Education Group, headquartered in Ludwigsburg/Germany, represents an alliance of leading education and training institutes in the mobility sector. Today, Education Group operates three business units – driving license training for beginner drivers (ACADEMY), basic and advanced training for professional drivers (ACADEMY), and both basic and advanced training for driving instructors (DVPI). The group operates more than 400 own and franchise locations.
CODEX Partners provided the Commercial Due Diligence of Education Group for GEP V.
CODEX Partners advises investors on commercial due diligence and vendor due diligence, strategy development, cost optimization, and restructuring of portfolio companies, as well as on developing industry platforms. Investors benefit from our experience of over 700 projects.
Gyrus Capital is building the Katalist Group, a leading service and software provider for food and pharma distribution and has in the course of this process acquired a majority stake in Retail Consult, Wysupp and Evertrack. Katalist is a leading full-service consulting firm focused on the digital transformation for the retail industry with headquarters in Portugal and offices on four continents.
Katalist provides solutions strategy, implementation, deployment, training and support services to help global retail companies successfully drive the digital transformation of their business and their supply chains.
CODEX Partners provided the Commercial Due Diligence of Retail Consult, Wysupp and Evertrack for Gyrus Capital.
CODEX Partners advises investors on commercial due diligence and vendor due diligence, on strategy development, cost optimization and restructuring of portfolio companies as well as on the development of industry platforms. Investors benefit from our experience from over 600 projects.
Deutsche Beteiligungs AG (“DBAG”) invests in vhf Group (“vhf”), a producer of computer-controlled milling machines (CAD/CAM) for dentistry and industrial applications.
vhf, with its registered office in Ammerbuch (Baden-Württemberg), develops and produces computer-controlled milling machines (CAD/CAM) that are predominantly used by commercial dental laboratories – as well as dentists in their own laboratories – for making dental prostheses. A further high-growth share of revenues is generated from making machines for selected industrial applications. In addition, the control electronics and all the milling tools are developed and manufactured within vhf Group.
The company was founded in 1988, and the founders so far have been the sole shareholders. The Group reported revenues in excess of 46 million euros for 2021. Nowadays, 40 per cent of revenues are generated outside Europe, especially in the US and China, where spending on dental treatment is growing particularly strongly.
CODEX Partners provided the Commercial Due Diligence of vhf group for DBAG.
CODEX Partners advises investors on commercial due diligence and vendor due diligence, on strategy development, cost optimization and restructuring of portfolio companies as well as on the development of industry platforms. Investors benefit from our experience from over 500 projects.
Halder has acquired a majority stake in family-led CPM Group. While founder Claus-Peter Maier is selling his shares and leaving the company, Halder continues with a successful and long-standing management team.
Founded in 2000, CPM Group has developed into one of the leading suppliers of medical implants and holds a compelling market position, particularly in the dental sector.
The services of CPM Group cover the entire value chain as a one-stop-shop. CPM provides development and consulting, manufacturing of medical implants and instruments, surface treatment, as well as the sterilized packaging of the end-product.
CODEX Partners provided the Commercial Due Diligence of CPM Group for Halder.
CODEX Partners advises investors on commercial due diligence and vendor due diligence, on strategy development, cost optimization and restructuring of portfolio companies as well as on the development of industry platforms. Investors benefit from our experience from over 500 projects.
A fund advised by BPE 4 Unternehmensbeteiligungen GmbH (“BPE”) has acquired a majority stake in the DeutschAkademie Group.
The DeutschAkademie Group is one of the leading private language schools for German courses (German as a foreign language) in the DACH region. Founded in 1999, the group teaches approx. 40,000 participants annually (mainly international students and expats) at 14 locations in Germany and Austria. The lessons take place either on-site at the language schools or as online courses. In addition, the Deutsch-Akademie successfully uses digital learning concepts to support participants in their learning process. The group has established a successful brand with a strong market reputation and is known for high-quality teaching classes and excellent support for participants.
CODEX Partners prepared the Commercial Due Diligence of DeutschAkademie Group for BPE.
CODEX Partners supports investors in commercial and vendor due diligence, strategy development, value enhancement projects for portfolio companies, and buy & build platforms. CODEX Partners has served clients in more than 500 projects.
The Frankfurt-based investment company VR Equitypartner supports Sementis GmbH Stephan Behr Vermögensverwaltung with additional mezzanine financing.
As a family holding company, Sementis GmbH combines interests in QSIL SE and IBYKUS AG.
Founded in 1992 in Thuringia, Germany, QSIL Group produces high-performance products from high-purity quartz glass and technical ceramics. QSIL Group has production sites in Germany and in the Netherlands and employs around 700 people. QSIL Group has become one of the world market leaders in its sector in recent years.
CODEX Partners prepared the commercial due diligence of QSIL Group for VR Equitypartner.
CODEX Partners advises investors on Commercial Due Diligence and Vendor Due Diligence, strategy development, cost optimization and restructuring of portfolio companies and in the development of industry platforms. Investors benefit from our experience from more than 600 projects.
An Investor Consortium consisting of funds managed by ECM Equity Capital Management GmbH (“ECM”), PINOVA Capital GmbH (“PINOVA”) and Gilde Healthcare (“Gilde Healthcare Private Equity”) (together the “Investor Consortium”) has acquired a majority stake in DETAX Group, the leading supplier of polymer materials for medical applications, in the context of a management buy-out. The two long-term managing directors, Mrs. Ursula Juretzki-Mangold and Mr. Ralf König, have invested alongside the Investor Consortium as part of the transaction.
DETAX, based in Ettlingen, Germany, was founded in 1953 and today employs approx. 110 people. As a specialist in polymer materials, the group offers its customers a comprehensive product portfolio of dental and otoplastic consumables. The group serves an international, broadly diversified and loyal customer base. End users of the products include dental practices, dental laboratories as well as audiologists and audio laboratories. The group operates in a non-cyclical, highly regulated market environment. Complying with such regulation, DETAX holds all relevant MDR certificates. This makes DETAX one of the first companies in the industry with an extensive MDR-certified product portfolio.
CODEX Partners prepared the commercial due diligence of the DETAX Group for the Investor Consortium. CODEX Partners advises investors on Commercial Due Diligence and Vendor Due Diligence, strategy development, cost optimization and restructuring of portfolio companies and in the development of industry platforms. Investors benefit from our experience from over 500 projects.
Harald Quandt Industriebeteiligungen GmbH (HQIB) has acquired a majority stake in Funke Medical AG.The previous shareholder and executive board member Andreas Funkeand other board members will continue to hold a significant share in the company.
Over the past 16 years, Funke Medical has become the market leader for decubitusprophylaxis and therapy systems in Germany. The high-quality solutions are used for the treatment and prevention of pressure ulcers and other skin damage caused by prolonged immobility of patients. For its products, the company uses proprietary innovative foam formulations and combinations of different foam layers. Funke Medical exports its products to more than 30 countries worldwide.
CODEX Partners prepared the commercial due diligence of Funke Medical for HQIB.
CODEX Partners advises investors on Commercial Due Diligence and Vendor Due Diligence, strategy development, cost optimization and restructuring of portfolio companies and in the development of industry platforms. Investors benefit from our experience from over 500 projects.