Alantra provides fairness opinion to Ergon Capital related to the completion of a dedicated new fund to support svt’s growth

Feb 2021

Fairness opinion

Frankfurt – Alantra is pleased to announce that it has advised Ergon Capital Partners III S.A. in the completion of a dedicated Ergon svt Long Term Value Fund SCSp with the provision of a fairness opinion to the Board of Directors of Ergon Capital Partners III S.A..

Through the successful completion of a new dedicated fund, Ergon extends its investment horizon with additional capital and resources to further support svt’s strong development as European market leader in passive fire protection and restoration management services, reaching revenues of about €200 million and EBITDA in excess of €30 million.

Founded in 1969 and headquartered in Seevetal near Hamburg, Germany, svt is the leading provider of preventive passive fire protection products and installation management services. Furthermore, svt offers one-stop-shop services in restoration management across Germany, specializing in fire, water, and natural hazard damage restoration as well as pollutant removal. With over 900 employees, svt serves its customers through its network of more than 50 national and international subsidiaries and a network of partners in over 50 countries.

Wolfram Schmerl, Managing Partner at the Frankfurt office of Alantra, highlighted: “It was a pleasure to support Ergon Capital and svt for the fourth time over the last 4 years, having advised on the acquisition of svt in 2017, a subsequent add-on with Rolf Kuhn in 2018 as well as the acquisition of Odice in 2020, providing both M&A and debt advisory services”.