Alantra advised Ergon Capital Partners on the acquisition of svt Holding from funds advised by IK Investment Partners

Jan 2018

Buy-side advisory

Alantra has advised Ergon on the acquisition of svt, one of the leading providers of preventive passive fire protection products and installation services as well as restoration management. The transaction is still subject to approval by the competent authorities.

Alantra’s Frankfurt team provided both M&A and Debt Advisory services to Ergon. In a competitive process, Alantra structured an acquisition financing package in form of senior debt, which was provided by a consortium of three banks.

“This marks our second transaction with Ergon in the last 12 months. We would like to thank Ergon for the continued trust and confidence in our services.” remarked Wolfram Schmerl, Managing Partner in Alantra’s Frankfurt office.

“Once more, our M&A and Debt Advisory teams worked hand in hand with Ergon during this intense transaction, which allowed Ergon to deliver a deal within an expeditious timeline”, commented Robert von Finckenstein, Managing Partner and Head of Debt Advisory & Restructuring.

Founded in 1969 and headquartered in Seevetal/Hamburg, svt is a leading provider of preventive passive fire protection products and installation management services, as well as restoration management specializing in fire, water and natural hazard damage restoration as well as pollutant removal. With ~450 employees, svt serves its customers through its network of 32 branches across Germany, and with additional support from the Group’s subsidiaries in Singapore, Dubai and Poland.

Ergon Capital Partners III is a mid-market investment company with ~€500 million under management backed by family-controlled Groupe Bruxelles Lambert, through its fully-owned subsidiary Sienna Capital, as cornerstone investor, and selected European institutional investors. Ergon is a disciplined and discrete value investor, which provides “patient and friendly capital” to entrepreneurs and managers, who need capital and industrial solutions to accelerate the development of their companies.

Ergon makes equity investments from €25 million up to €75 million in leading companies with a sustainable competitive position in attractive niche markets located in the Benelux, France, Germany, Italy, Iberia and Switzerland. Ergon is advised by Ergon Capital Advisors which has offices in Brussels, Paris, Munich, Milan and Madrid.