Deal announcement

goetzpartners advised Paragon Partners

28. Oktober 2022

goetzpartners advised Paragon Partners on the sale of inprotec AG with a Commercial Vendor Due Diligence 

goetzpartners supported the management of inprotec AG ("inprotec") and Paragon Partners ("Paragon") with a Commercial Vendor Due Diligence on the sale of inprotec, a leading contract manufacturer for industrial drying and granulation services.

The Commercial Vendor Due Diligence included a comprehensive analysis of inprotec's business model and product portfolio, especially taking into account the sustainability of its offered technologies. The size and development of the addressed market were analysed with a particular focus on the impact of different end-applications, technologies, and emerging materials in need of drying or granulation services. In addition, the Company's competitive environment was thoroughly evaluated, highlighting inprotec's unique mass production capabilities paired with price leadership. Further, the Commercial Vendor Due Diligence provided a detailed business plan assessment and additional value creation opportunities.

The project complements our extensive track record in providing strategic and commercial advisory services in the industrial technology space.

About Paragon Partners
Founded in 2004, Paragon is one of the leading independent private equity firms in Europe, with more than EUR 1.2 billion of equity under management. Paragon works closely with portfolio companies to achieve sustainable growth and operational excellence. The investment portfolio covers various industries and currently comprises 16 companies. The firm is based in Munich, Germany.

About inprotec AG
inprotec AG, based in Heitersheim, offers its clients longstanding experience as the leading contract manufacturer for industrial drying and granulation services using fluidised-bed spray granulation, coating, matrix encapsulation and spray drying technologies. As an expert in this field, inprotec is the partner of choice to realize innovative and complex production processes and to overcome customers’ capacity and know-how bottlenecks. In recent years the company has handled over 2,500 starting materials and intermediate products across several industries (consumer goods, animal feed, cosmetics industry, plastic additives). inprotec operates two production sites in Heitersheim and Genthin today and employs c. 270 employees.

Transaction Team

Dr. Gerrit Schütte
Managing Director

Gerrit Bückins

Andreas Haselbach
Senior Consultant

Linh Dong

Nicolas Böckenhüser

Timo Stern
Associate Consultant