- Biggest German GP-led secondary in historical past
- DPE CF I making an investment into DPE portfolio corporations Eraneos and valantic
- Further capital & time to liberate vital additional expansion doable by means of M&A
MUNICH, Sept. 28, 2022 /PRNewswire/ — DPE Deutsche Personal Fairness (“DPE”), the main expansion investor within the DACH area, is happy to announce the a success shut of DPE Continuation Fund I (“DPE CF I”) with a fund dimension of c. EUR 708 million. DPE CF I used to be shaped to speculate into Eraneos Workforce (“Eraneos”) and valantic Workforce (“valantic”) – two strongly appearing investments bought by means of budget controlled by means of DPE (“DPE Fund III”) in 2017 and 2019, respectively – and to offer further capital and time to proceed their extremely a success expansion methods which have been carried out since DPE’s preliminary investments in each corporations.
Renown world traders enhance DPE’s continuation fund
DPE CF I has been capitalized by means of a consortium of main world secondary traders, led by means of AlpInvest Companions and co-led by means of HarbourVest Companions and Pantheon Ventures, along a number of additional new and present traders. DPE is overjoyed to have secured backing from this sort of top quality crew of traders on this transaction, indicating the sturdy pastime for top quality belongings right through unsure marketplace instances. Moreover, DPE CF I has introduced a extremely sexy consequence to DPE Fund III traders, who had the strategy to crystallize stellar returns or proceed to enhance the expansion methods of Eraneos and valantic by means of taking part in DPE CF I.
DPE portfolio corporations with spectacular natural expansion and M&A observe file
Underneath DPE’s possession and the management in their respective, spectacular control groups, Eraneos and valantic persevered their vital expansion trajectories, setting up each corporations as two of the DACH area’s main generation & virtual transformation consultancies. As such, Eraneos and valantic have higher their revenues by means of over 270% and 240%, respectively, beneath DPE’s possession, whilst finishing over 20 add-on acquisitions blended. DPE CF I can proceed this a success funding technique, deploying further capital that has been raised on this transaction throughout quite a lot of value-accretive add-on transactions and broader natural expansion projects. Control groups of each corporations keep considerably invested and are extremely dedicated to proceed to force long-term luck.
Endured funding to liberate additional expansion doable
Marc Thiery, Managing Spouse at DPE, stated: “We’re overjoyed to have effectively raised DPE CF I and to finance the following bankruptcy of cost advent for Eraneos and valantic. We imagine there’s a vital alternative for additional expansion at each corporations, and we stay up for proceeding our a success partnership with the phenomenal control groups we now have in position.”
Guido Prehn, Managing Director at DPE stated: “We’re very interested by the following degree of our possession in Eraneos and valantic, and to proceed to advise on their long run growth. Moreover, we’re more than happy to have generated such sturdy returns for DPE Fund III traders and are venerated to have secured the backing of a first class crew of traders within the continuation fund.”
Subsequent degree of a success building for Eraneos and valantic
Oliver Vaterlaus, CEO at Eraneos stated: “We really feel very pleased with the luck we now have completed so far in construction Eraneos as a top quality control and generation consulting company. We owe this to the eagerness and dedication of our workers and to the improbable partnership with DPE. The long run will deliver a wealth of alternatives, and our ambition to additional develop this corporate is as giant as ever. DPE’s and its traders’ sturdy dedication supplies the best platform to proceed our thrilling adventure.”
Dr. Holger von Daniels, CEO at valantic stated: “We’re very proud that we’ve got controlled to develop valantic into some of the DACH area’s main virtual consulting and instrument companies. The extra capital and time supplied by means of this transaction will let us proceed our centered expansion technique on a Eu stage in addition to to additional put money into our other people, innovation projects and applied sciences within the coming years. We very a lot stay up for this subsequent degree of our partnership with DPE, with all of valantic’s companions being extremely dedicated to the corporate and me for my part staying 100% invested.”
DPE used to be instructed by means of PJT Park Hill (Monetary Advisory), Pöllath + Companions (Structuring), Stephenson Harwood, Latham & Watkins, Walder Wyss, Arendt, Gleiss Lutz and Proskauer (Felony), Alvarez & Marsal (Monetary Due Diligence) and Lincoln World (Equity Opinion).
DPE is an unbiased German personal fairness company and is without doubt one of the biggest expansion capital traders in Germany. DPE invests in SMEs throughout Germany, Austria and Switzerland and makes a speciality of medium-sized corporations which might be lively in sectors with a favorable long-term building viewpoint. Based in 2007, DPE has invested in 36 corporations that have carried out over 100 add-on acquisitions and lately make use of greater than 10,000 other people. DPE has overall belongings beneath control of c. EUR 3 billion.
For additional data please talk over with www.dpe.de/en.
AlpInvest is a number one world personal fairness investor, with vital enjoy in operating with normal companions to offer liquidity answers. AlpInvest is a extremely skilled purchaser within the secondary marketplace, having dedicated over USD 24 billion thru 180 transactions as of June 30, 2022. Extra extensively, AlpInvest’s actions duvet a huge vary of personal fairness making an investment, together with number one fund commitments, secondary purchases and co-investments.
For additional data please talk over with www.alpinvest.com.
HarbourVest is an unbiased, world personal markets company with 40 years of enjoy and globally greater than USD 98 billion of belongings beneath control as of March 31, 2022. Our interwoven platform supplies purchasers get right of entry to to world number one budget, secondary transactions, direct co-investments, actual belongings and infrastructure, and personal credit score. Our strengths prolong throughout methods, enabled by means of our staff of greater than 850 workers, together with greater than 180 funding pros throughout Asia, Europe, and the Americas. Throughout our personal markets platform, our staff has dedicated greater than USD 51 billion to newly-formed budget, finished over USD 41 billion in secondary purchases, and invested over USD 28 billion in at once working corporations. We spouse strategically and plan our choices innovatively to offer our purchasers with get right of entry to, perception, and world alternatives.
For additional data please talk over with www.harbourvest.com.
Pantheon is a number one world personal markets company recently making an investment on behalf of greater than 900 traders, together with private and non-private pension plans, insurance coverage corporations, endowments and foundations. Pantheon has a longtime recognition throughout personal marketplace asset categories, protecting all phases and geographies. As of March 31, 2022 Pantheon had USD 87.8 billion in belongings beneath control and recommendation and has dedicated capital to greater than 870 number one budget, 280 co-investments and 420 secondary transactions since its established order in 1982, committing greater than USD 45 billion of capital throughout personal fairness methods.
For additional data please talk over with www.pantheon.com.
Eraneos is the main and unbiased control & generation consulting crew that has emerged from the alliance of Ginkgo Control Consulting, Quint Workforce and AWK Workforce, as introduced in 2021. Eraneos serves purchasers throughout 3 continents the place some 1,000 devoted and extremely professional pros paintings collectively to unharness the whole doable of virtual. Products and services vary from the improvement of virtual industry fashions and knowledge analytics to cyber safety, and from sourcing and IT advisory to the control of advanced transformation tasks. Eraneos has workplaces in Switzerland, Germany, Luxembourg, Spain, the Netherlands, China, and Singapore.
For additional data please talk over with www.eraneos.com/en.
valantic is no 1 for virtual transformation and some of the quickest rising virtual answers, consulting, and instrument corporations available on the market. valantic combines technological experience with trade wisdom and the human contact. Greater than 500 blue chip purchasers depend on valantic, together with 32 of 40 DAX corporations and lots of main corporations world corporations as smartly. With greater than 3,000 specialised answer experts and builders and web gross sales of approx. EUR 400 million in 2022(e), valantic is represented in Germany, Austria, Switzerland, Belgium, the Netherlands, Portugal, and lots of further world places.
valantic includes a distinctive construction, consisting of divisions, competence facilities, and skilled groups, which can be all the time attuned exactly to consumers’ digitalization wishes. From option to tangible realization. valantic’s vary of services and products contains the spaces virtual technique & analytics, buyer enjoy, SAP services and products, sensible industries, and monetary services and products automation.
For additional data please talk over with www.valantic.com/en.
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SOURCE DPE Deutsche Personal Fairness GmbH