Alantra advises Equistone and the management team on the sale of Oikos to Goldman Sachs

Mar 2021

Sell-side advisory

Frankfurt – Alantra advises funds advised by Equistone Partners Europe (“Equistone”) and the management on the sale of Oikos Group GmbH (“Oikos”), a leading European provider of prefabricated houses, to West Street Capital Partners VIII, a fund managed by Goldman Sachs (“Goldman Sachs”). Alantra acted as exclusive M&A and Debt advisor to the selling shareholders. The transaction is subject to customary merger clearance approvals.

Oikos Group, which combines the brands Hanse Haus, Bien-Zenker and Living Haus, is one of the leading B2C providers of single and two-family houses with a focus on creating future-oriented, sustainable living spaces. The multi-brand strategy provides the group with an excellent position in the market for prefabricated houses and enables it to serve a wide variety of customer groups: From shell construction to turnkey-ready housing solutions, Oikos Group offers its customers houses across all completion stages in accordance with the highest quality and sustainability standards. The group, which, beyond its core market Germany, is active in Austria, Switzerland, and the UK, currently employs around 1,300 people and increased its turnover to more than EUR 400 million in 2020.

Stefan Maser, Partner at Equistone, comments: “In the past three years, Oikos has achieved an outstanding development. We thank the Alantra team for their excellent support in positioning Oikos to the investor community and achieving an excellent outcome for management and us.”

Marco Hammer, CEO of Oikos, adds: “Together with Equistone, we have been able to strengthen our leading position across Europe, targeting important areas such as digitalization as well as expanding our competence in ESG and a sustainable marketing strategy. We look forward to continuing this successful growth trajectory with Goldman Sachs in the future. We made the right choice in mandating Alantra to assist us once again in this important project given their enthusiasm and understanding of our business.”

Wolfram Schmerl, Managing Partner at Alantra’s Frankfurt office, highlights: “We would like to thank Equistone and the management team for their trust and the opportunity to advise them on this important project. We wish Goldman Sachs and the management all the best for their common journey in shaping Oikos’ next growth chapter.”

“We are delighted that we had the chance to follow the development of Oikos over the past years and to again support management in finding a new partner. We very much enjoyed the pleasant collaboration with management and Equistone.” Christian Lang, Director at Alantra’s Frankfurt office adds.

About Equistone Partners Europe

Equistone Partners Europe is one of the most active European investment firms with a team of more than 40 investment professionals operating from seven offices in Germany, Switzerland, the Netherlands, France and the UK. Equistone invests in established mid-sized businesses with favourable market position, above-average growth potential and enterprise values of between Euro 50 and 500 million. Since its founding, Equistone has invested in about 160 transactions in the DACH region and the Netherlands, mostly in mid-market buy-outs. Its portfolio currently comprises over 40 businesses across Europe, among them around 20 active investments in Germany, Switzerland and the Netherlands. Equistone is currently investing its sixth fund, which held a final closing at its Euro 2.8 billion hard cap in March 2018.

Equistone is authorised and regulated by the Financial Conduct Authority. Further information can be found at www.equistone.de / www.equistonepe.com.

About Oikos Group

Further information can be found at www.oikos-group.de.

About Goldman Sachs

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. For further information, please visit www.gs.com