AURELIUS GROWTH INVESTMENTS’ portfolio company G&N acquires TELROTH

15.03.2021

AURELIUS GROWTH INVESTMENTS’ portfolio company G&N acquires TELROTH

  • Strengthening Market Position in the Field of Fire Alarm Systems and Security Technology
  • Broadening Service Portfolio for IT and Telecommunications Technology
  • Expansion to Cologne/ Düsseldorf Metropolitan Area

Acquisition as Part of a Buy and Build Strategy

On March 5th, 2021, G&N Gefahrenmelde- und Nachrichtentechnik GmbH („G&N“), a portfolio company of AURELIUS Wachstumskapital SE & Co. KG (“AWK”, “AURELIUS Growth Investments”) has acquired TELROTH GmbH (“TELROTH”). Like G&N, TELROTH offers high-quality services in the field of technical building technology for fire alarm systems, security technology as well as IT and telecommunications technology. A large proportion of sales are generated with maintenance and service. Headquartered in Hilden near Düsseldorf, TELROTH perfectly complements the existing G&N sites in Wartenberg near Fulda (HQ), Essen, Frankfurt am Main, Berlin, Hamburg, Gießen, Montabaur and Dortmund. After the acquisition of SSP Schwachstrom-Partner GmbH (“SSP”) in February 2021 with its branches in Hamburg and Berlin, the TELROTH transaction represents the second acquisition by G&N this year and thus underlines the successful approach of AWK to actively expand portfolio companies through acquisitions of market participants.

Nico Vitense, Managing Partner at AWK, was very pleased with the transaction: “We are very pleased that TELROTH, a leading regional provider of fire alarm systems, security technology, as well as IT and telecommunications technology, joins the G&N Group for technical building services. Thanks to a wide range of high-quality services, TELROTH enjoys an excellent reputation among its customers. Together with a great team led by managing directors Stefan Plück and Andreas Brosch, we will further pursue the growth of TELROTH and thereby of the Group as a whole. Due to the acquisitions of SSP and TELROTH, G&N’s sales have almost doubled within a few weeks."

Stefan Plück and Andreas Brosch added: “Together with G&N and AWK, there are new opportunities for TELROTH to grow and to exploit additional potential. In particular, we see additional growth opportunities in the areas of IT and telecommunications technology within the G&N Group."

Stefan Carle, managing director of G&N, stated: “A partnership between G&N Group and TELROTH strengthens our market position significantly in the economically strong Cologne/ Düsseldorf metropolitan area. We are very much looking forward to working with Stefan Plück, Andreas Brosch and their team.”

On behalf of Aurelius, the transaction was led by Nico Vitense (Managing Partner), Jan-Willem Rahnenführer (Investment Manager) and Martin Brüggemann (Senior Investment Associate). The team was supported by goetzpartners Corporate Finance (Ivo Polten und Adelin Trusculescu, M&A), Ebner Stolz (Armand von Alberti, Financial and Tax Due Diligence) and Kuzaj Wittmann & Partner Rechtsanwälte Steuerberater (Hans-Jörg Wittmann, Legal Due Diligence and Legal Advice).

About TELROTH

TELROTH was founded in 1967. The company is a leading regional provider of technical building services in the areas of fire alarm systems, security technology as well as IT and telecommunications technology in the Cologne/ Düsseldorf metropolitan area. In total, the company employs over 90 employees in Hilden near Düsseldorf.

About AURELIUS Growth Investments

As part of the AURELIUS Group, AURELIUS Growth Investments focuses on Buy and Build and buyouts/succession solutions. AURELIUS Growth Investments’ current portfolio comprises a total of eight platform companies. In addition to capital for investments and growth, AURELIUS Growth Investments supports the management of its portfolio companies through its extensive entrepreneurial experience and helps to implement growth initiatives and realise operational potential.

Contact Person on the Transaction

Nico Vitense
Managing Partner
Mobil +49 162 239 00 70
nico.vitense@aureliusinvest.de