Deal announcement

goetzpartners advised H.I.G. Capital

21. December 2021

goetzpartners advised H.I.G. Capital on the investment into comcross with a Commercial Due Diligence

goetzpartners advised H.I.G. Capital ("H.I.G.") with a Commercial Due Diligence on the investment into comcross GmbH & Co. KG ("comcross") through H.I.G.'s portfolio company Infratech Bau GmbH ("Infratech"). comcross is one of the leading turnkey providers in the field of 5G and digitalization infrastructure in Germany. The highly complementary alliance of the fiber optics specialist Infratech and the 5G specialist provider comcross creates a leading service provider for digital infrastructure in Germany. The three comcross founders will continue in their roles as the company's management team and become significant shareholders of the joint group.

The Commercial Due Diligence included an evaluation of the magnitude and sustainability of future growth expectations within the market of 5G deployment, as well as comcross' strategic positioning within its addressed market segments. In particular, comcross' go-to-market approach, its unique organisational setup, and its differentiating edge compared to competitors were analyzed. goetzpartners provided strategic support in a business plan and synergy potential assessment.

About comcross and Infratech
As a leading provider in the digital communication infrastructure sector with a strong focus on 5G technology, comcross is building the infrastructure for the digital future together with leading network operators. The company is the German service provider in the areas of infrastructure expansion in mobile and fixed networks as well as in comprehensive end-to-end solutions for the telecommunications, transport and energy industries with a nationwide presence.

Infratech builds complex FTTH networks on behalf of public and private German operators with highly qualified employees and a well-established and reliable partner network.

H.I.G. is a leading global private equity firm specialized in equity and debt investments in small and medium-sized companies and follows a flexible investment approach that focuses on operational improvements and value creation.

About goetzpartners
goetzpartners is an independent advisory firm for all key issues of entrepreneurial activity: Strategy, M&A, Transformation. With 300 professionals operating out of 13 offices in 11 countries, we advise clients worldwide in all key industries. Based on this in-depth sector and product expertise goetzpartners has been successfully executing more than 200 M&A transactions and numerous national and international consultancy engagements over the past 10 years. Our product portfolio combines the three major services investors need during transaction processes: M&A, Commercial Due Diligence and Debt Advisory.

Transaction Team

Dr. Gerrit Schütte
Managing Director

Teresa Hammer
Senior Consultant

Nikolaus von Diest

Rosa Frehen

Richard Nowack
Associate Consultant