Deal announcement

goetzpartners advised NORD Holding

05. April 2022

goetzpartners successfully advised NORD Holding on the financing of the acquisition of CONUTI GmbH

goetzpartners advised NORD Holding, a successful mid-cap private equity asset manager from Hannover, on the financing of the acquisition of CONUTI GmbH.

Our debt advisory mandate comprised the successful management of a competitive acquisition financing process for CONUTI GmbH and the existing NORD Holding platform EWERK. The achieved financing solution, that is based on the whole group, comprises an underwrite by a renowned German corporate bank. With our successful management of the financing process we provided key support to NORD Holding to be able to present the best purchase offer for the acquisition of CONUTI GmbH.

By acquiring CONUTI GmbH, NORD Holding establishes a new group of companies together with the portfolio company EWERK. Through the merger, the two companies are pooling their expertise in the area of IT services for end customers in the regulated market. As members of the newly formed group, EWERK and CONUTI GmbH support each other through their respective strengths, resources and technical capabilities. The Group continues to pursue an ambitious organic and inorganic growth strategy.

About NORD Holding
NORD Holding is a successful mid-cap private equity asset manager from Hannover founded in 1969 with focus on direct and fund investments and over €2.5bn assets under management.

About CONUTI GmbH
CONUTI GmbH is an innovative IT consulting company with many years of experience in the utility industry. Since 2016, CONUTI GmbH has been working closely with powercloud on numerous implementation, migration and development projects.

Transaction team

Philipp Widmaier
Managing Director
Email

Marius Wolter
Associate Director