17-Dec-2020

goetzpartners advised Naxicap Partners on the acquisition of a majority stake in Guntermann & Drunck with a CDD and debt advisory services

Deal Announcement

goetzpartners' Private Equity Consulting and goetzpartners Debt Advisory jointly advised Naxicap Partners on the acquisition of a majority stake in Guntermann & Drunck Holding GmbH (“G&D” or "the Company"), a leading technology provider of high-performance KVM (Keyboard, Video, Mouse) solutions used in mission-critical applications. Terms of the acquisition were not disclosed.

The Commercial Due Diligence included a detailed analysis of the Company’s business model and technology portfolio with a particular focus on its newly developed KVM-over-IP solutions. In addition, goetzpartners’ Private Equity Consulting assessed the size and the growth prospects of G&D’s addressed core market segments with a bottom-up market modelling approach. Furthermore, the report included a detailed analysis of core industry dynamics and the Company’s competitive positioning. Conclusively, the results were used to assess the management's business plan and to evaluate further value creation opportunities.

goetzpartners’ Debt Advisory team advised Naxicap on the acquisition financing. Within a competitive and fast-paced debt financing process the team helped secure the successful acquisition with optimal financing terms for Naxicap, ensuring that a competitive acquisition price could be provided. Besides managing the financing process, goetzpartners’ Debt Advisory team structured the financing solution, performed the lender education and advised during the credit contract negotiation.

The joint collaboration of goetzpartners’ Commercial Due Diligence and Debt Advisory teams was a key success factor and competitive advantage during the transaction, ensuring a swift and effective lender education process and securing that binding financing terms had been achieved as early as possible during the process.

ABOUT G&D
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&D's modular technology offering comprises “classical-digital” KVM and KVM-over-IP solutions. The Company is active for more than 35 years and based in Siegen, 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 approximately EUR 3.8 billion. As a committed and responsible investor, Naxicap Partners builds constructive and sustainable partnerships with entrepreneurs to ensure mutual success. The company has 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, the investment activities in German-speaking countries have been coordinated from there.

Transaction Team

Commercial Due Diligence

Dr. Sigurd Kitzer
Partner
Email

Dr. Burak Yahsi
Manager

Elena Franco
Consultant

Linh Dong
Associate Consultant

Dominik Wenzel
Associate Consultant

Debt Advisory

Philipp Widmaier
Head of Debt Advisory
Email

Marius Wolter
Associate