Deal typeTransaction Services
IndustryManufacturing
Client nameEgeria
BDO advised Egeria on the sale of its portfolio company ISOPLUS Group (“ISOPLUS”), a leading European provider of pre-insulated pipes, to Viessmann Generations Group (‘Viessmann’).
A transaction team from BDO AG Wirtschaftsprüfungsgesellschaft, led by Steffen Eube (Partner Deal Advisory) prepared a comprehensive financial fact book.
ISOPLUS, headquartered in Rosenheim/Germany, is a leading European provider of pre-insulated piping systems, mainly for district heating and district cooling applications. ISOPLUS serves its customer base of local utility providers, municipalities, and contractors through a direct sales model. The group employs more than 1,500 people, has 10 certified production sites and is active in over 30 countries.
Egeria is an independent pan-European investment company founded in 1997 and focuses its investments on medium-sized companies. Egeria invests in healthy companies with an enterprise value between EUR 50 million and EUR 350 million. Egeria’s Private Equity portfolio comprises investments in 21 companies with a combined turnover of c. EUR 3 billion and over 13,000 employees. ISOPLUS has been a portfolio company of the private equity firm Egeria since 2022.
Founded in 1917, the independent family company Viessmann is today a global, broadly diversified Group. All activities are based on the company’s purpose “We co-create living spaces for generations to come”. Viessmann forms an ecosystem of entrepreneurs and co-creators with a clear focus on CO2 avoidance, CO2 reduction and CO2 capturing. The investment underscores Viessmann’s dedication to advancing the green energy transition by enhancing infrastructure to support decarbonization in Europe.
The agreement was signed on November 20 and is still subject to regulatory approvals by the competent authorities. Final closing is expected for the year end of 2024.
The BDO team consisted of:
Deal Advisory:
A transaction team from BDO AG Wirtschaftsprüfungsgesellschaft, led by Steffen Eube (Partner Deal Advisory) prepared a comprehensive financial fact book.
ISOPLUS, headquartered in Rosenheim/Germany, is a leading European provider of pre-insulated piping systems, mainly for district heating and district cooling applications. ISOPLUS serves its customer base of local utility providers, municipalities, and contractors through a direct sales model. The group employs more than 1,500 people, has 10 certified production sites and is active in over 30 countries.
Egeria is an independent pan-European investment company founded in 1997 and focuses its investments on medium-sized companies. Egeria invests in healthy companies with an enterprise value between EUR 50 million and EUR 350 million. Egeria’s Private Equity portfolio comprises investments in 21 companies with a combined turnover of c. EUR 3 billion and over 13,000 employees. ISOPLUS has been a portfolio company of the private equity firm Egeria since 2022.
Founded in 1917, the independent family company Viessmann is today a global, broadly diversified Group. All activities are based on the company’s purpose “We co-create living spaces for generations to come”. Viessmann forms an ecosystem of entrepreneurs and co-creators with a clear focus on CO2 avoidance, CO2 reduction and CO2 capturing. The investment underscores Viessmann’s dedication to advancing the green energy transition by enhancing infrastructure to support decarbonization in Europe.
The agreement was signed on November 20 and is still subject to regulatory approvals by the competent authorities. Final closing is expected for the year end of 2024.
The BDO team consisted of:
Deal Advisory:
- Dr. Steffen Eube (Partner, Frankfurt)
- Felix Fries (Senior Manager, Frankfurt)
- Moritz Theis (Manager, Frankfurt)
- Eduard Schwenzel (Senior Consultant, Frankfurt)
- Joshua Brahm (Consultant, Frankfurt)
- Edward Papa (Consultant, Frankfurt)
- Melanie Schunk (Partner, Munich)
- Alexander Tacke-Unterberg (Manager, Dusseldorf)