goetzpartners advised Guntermann & Drunck GmbH
goetzpartners advised Guntermann & Drunck GmbH backed by Naxicap Partners on the acquisition of Tritec Electronic AG with a Commercial Due Diligence
goetzpartners advised Guntermann & Drunck GmbH ("G&D") with a Commercial Due Diligence on the acquisition of a majority stake in Tritec Electronic AG ("Tritec" or "the Company"). The partnership will strengthen the portfolio of the group by complementing the product offering of G&D - a leading technology provider of high-performance KVM (Keyboard, Video, Mouse) solutions with Tritec’s display management skills and expertise in the medical sector. The transaction is backed by Naxicap Partners, G&D’s current sponsor. Terms of the acquisition were not disclosed.
The Commercial Due Diligence included a comprehensive analysis of Tritec's business model and product portfolio, with a particular focus on the Company's technological USPs, the complementarities and synergies with G&D's product portfolio and the long-term sustainability of its customer relations. The market environment was analysed, taking into account the impact of new technological requirements, such as over-IP capabilities and the ongoing shift towards image-guided, minimally invasive medical procedures, requiring highest video transmission quality standards. In addition, the Company's competitive environment was thoroughly evaluated, highlighting Tritec's unique positioning as a highly focussed and asset-light high-end image processing devices manufacturer. Further, goetzpartners provided strategic support in a comprehensive business plan as well as a cross-selling potential assessment.
G&D is a leading international provider of high-performance KVM solutions for a wide range of industries. The solutions enable pixel-perfect, secure and real-time video signal transmission over long distances for mission-critical applications. G&Ds modular technology offering comprises “classical-digital” KVM and KVM-over-IP solutions. The company was founded over 35 years ago and is based in Siegen, Germany.
Tritec is a leading high-end manufacturer of mission critical medical Multi Display Manager devices which are used to flexibly display multiple input video signals on one or more screens in minimally invasive cardio vascular interventions. The company offers its products globally via its OEM, imaging solution provider, and system integrator customers. The company was founded 30 years ago and is based in Mainz, Germany.
About Naxicap Partners
Naxicap Partners - a subsidiary of Natixis Investment Managers - is one of the leading European private equity companies based in France and currently manages assets of €5 billion. As a committed and responsible investor, Naxicap Partners builds constructive and sustainable partnerships with entrepreneurs to ensure mutual success. The company has more than 40 investment professionals in five offices in Paris, Lyon, Toulouse, Nantes and Frankfurt. The investment company has been active in Germany since 2016. Since the opening of the Frankfurt office in 2018, investment activities in German-speaking countries have been coordinated there.
Dr. Gerrit Schütte