BPE, together with management, has acquired all shares of Dätwyler Sealing Technologies Deutschland GmbH, including its associated operational real estate. The company, which will be renamed to SEALABLE Solutions GmbH, combines the civil engineering business with elastomer profiles for applications in tunnels, civil engineering and rail track superstructure projects at the German location Waltershausen and employs approximately 180 people.
Lincoln International acted as the exclusive debt advisor to BPE and supported all aspects of the financing process including lender approach and structuring and negotiating of the financing. In a swift process, Lincoln International was able to support BPE in determining the optimal financing structure and securing a competitive bank financing.
BPE is a Hamburg, Germany, based mid-market private equity firm, specializing in providing capital in partnership with strong founder/owners or management teams that have distinctive and ambitious growth plans. Investment occasions are typically succession events, carve-out situations and/or buy and build strategies for companies with an annual turnover of Euro 10 to 100 million.