Seller JACOB Elektronik GmbH
Target JACOB Elektronik GmbH
Deal Type Mergers & Acquisitions
Buyer Management
Transaction Description

With sales of over EUR 350 million and a workforce of approximately 400 employees, JACOB Elektronik GmbH is a leading IT solutions partner enjoying high growth. With a broad product portfolio, a high degree of automation and a highly-specialized team of consultants, the focus lies on offering a comprehensive suite of services to B2B customers. Over the past 30 years, JACOB Elektronik GmbH has been able to build up a broad customer base by offering bespoke solutions and wide-ranging business services, enabling it to realize sustained growth in revenue and earnings. In the course of realizing a long-term solution for the company’s succession, the long-standing management team acquired the shares in the company from its founding family.

In addition to accompanying the buyers through every stage of the M&A process, the core task of the services provided by Wintergerst Societät für Unternehmer-Beratung during the transaction was the structuring and implementation of the necessary financing for the acquisition. This involved drawing up a tailored financing structure and approaching potential lenders and equity investors before coordinating them during the respective loan approval processes and drafting of the legal framework. In this regard a deal was made with a banking syndicate led by Sparkasse Karlsruhe which, with the use of various financing components, secures long-term financing of the acquisition and the provision of working capital.

Advisors to the management team:
Wintergerst Societät für Unternehmer-Beratung, M&A and finance advisory: Bernd Grupp (Partner), Christian Scharfenberger (Director), Nico Weber (Analyst), Menold Bezler (Stuttgart): Vladimir Cutura (Partner), Thomas Futterer (both corporate law/M&A), Albrecht Bacher (Partner, auditing), Nico Haldy (Partner), Clemens Mauch (both tax), Roman Becker (Partner, bank law and financing)

Industry Sector
ICFG Office

ICFG Germany provided full support to JACOB Elektronik GmbH in the implementation of a succession strategy

JACOB Elektronik GmbH

Transaction Details

JACOB Elektronik GmbH, a leading IT solutions partner based in Karlsruhe, resolves the company’s succession issue with a management buy-out by the long-standing management team. ICFG Germany provided a full suite of services to the buyers during the transaction and the process of drawing up and implementing a financing concept.