BrazilMiebach brings investor on board to drive next chapter of growth
German supply chain and logistics consultancy firm Miebach has landed a major investment from Investcorp, the Middle East’s largest alternative asset manager.
Founded in 1973 in Germany, Miebach is with 550 consultants in more than 20 countries one of the leading consulting firms in supply chain and the logistics engineering landscape. With the financial backing of Investcorp, Miebach aims to accelerate its growth, both organically and through acquisitions, and invest in new capabilities and technologies.
“Our clients demand global end-to-end solutions, change management expertise, and AI-driven applications. In the coming years, we will strategically invest in these areas and, together with Investcorp, drive both organic and inorganic growth,” said Jürgen Hess, Co-CEO of Miebach. “At the same time, we will significantly strengthen our brand to increase market visibility, expand our global footprint, and solidify our worldwide positioning.”
The deal values the Frankfurt-headquartered consulting firm at about €150 million including debt, according to investment bankers close to the matter. Investcorp has taken a majority stake, with Miebach’s partners to retain around one-third of the shares following the deal.
“Together with Investcorp, we will continue to develop Miebach’s legacy,” said Co-CEO Jorge Motjé. “We share a common vision for Miebach’s future. Together, we will shape the world's leading champion for consulting, engineering, and change management services in end-to-end supply chain consulting and material flow engineering.”
Alexander Koeppen of Investcorp, who led the transaction for the new majority owner, said that the private equity group considers Miebach as a unique player in the consulting landscape. “Their combination of consulting and engineering-driven services provides for a unique offering. And their leadership team operates with a strong entrepreneurial mindset, which is a key differentiator in the market.”
“We are very excited about our future partnership with Miebach and will actively support the management team in its ongoing growth strategy.”
The end of the founder’s era
The deal meanwhile marks the end of an era for company founder Joachim Miebach. Ever since the firm’s inception, Joachim Miebach was closely involved in the company, from serving as founder, main shareholder and chief executive to more recently as the chairman of the advisory board. As part of the transaction, he has sold his stake in the firm and stepped down from his board role.
“I am extremely proud of the people at Miebach for having built the company with this unique approach. With Investcorp as the new majority shareholder, the company will gain further momentum and financial strength for the next stage of its journey,” he noted.
Dealmakers
Advisors on Miebach’s side included Bankhaus Metzler, which led the M&A project management, Rödl & Partner for financial and tax matters, CMS for legal advisory, and Pfeiffer Strategic Positioning for communications. On the side of Investcorp, the transaction was advised by Lincoln (M&A), Boston Consulting Group (Due Diligence), EY (Financial & Tax), and Covington (Legal).
