H&Z Management Consulting advises private equity on German deals

24 July 2023 Consultancy.eu 2 min. read

The M&A team of H&Z Management Consulting has in the first half of the year completed numerous due diligence mandates in home market Germany, including helping private equity groups Egeria and Premium Equity Partners with mid-market acquisitions.

Early this month, Frankfurt-based Premium Equity Partners acquired a majority stake in Freqcon, a company specialised in energy storage solutions and converter technologies for renewable energy sources.

Freqcon’s systems play an important role in the energy transition. With energy supply becoming more decentralised and volatile (renewables as wind and solar are dependent on environmental conditions), utility groups need to implement backfills to ensure a stable, uninterruptible power supply. Freqcon’s systems help fill the gap when needed.

H&Z Management Consulting advises private equity on German deals

With the financial backing of Premium Equity Partners, Freqcon will aim to expand its production capacity and extend its lines of business. Rethem-based Freqcon currently has around 100 staff.

“Freqcon is optimally positioned to realise the enormous growth potential in frequency stabilisation,” said Marcel van Wijk, Managing Partner at Premium Equity Partners. “With its innovative, customer-specific and solution-oriented systems, Freqcon precisely meets its customers’ needs and positively contributes to the energy transformation.”

During the transaction process, H&Z Management Consulting advised the private equity group on the commercial due diligence. German consultancy Kern provided sell-side support, among other M&A service providers.

Meanwhile, in the first quarter of this year, H&Z Management Consulting supported Netherlands-headquartered investor Egeria with its acquisition of Isoplus, a German provider of pre-insulated piping systems. Isoplus sells its piping systems to players in the district heating sector, and also provides installation services and coating services for other industrial pipes and products.

Established in 1974, Isoplus operates 8 production locations and employs circa 1,200 employees.

During the deal, H&Z Management Consulting conducted the operational due diligence for Egeria. The firm’s project team also delivered a range of management consulting services to complement the transaction.

“Isoplus is a strong platform for future growth, and we aim to further strengthen its position as a leading provider of sustainable green heat solutions. We look forward to partnering with management and supporting the company during the next growth phase,” said Hannes Rumer, Managing Partner for Germany, Switzerland, and Austria at Egeria.

Alongside M&A work, H&Z Management Consulting also supports its clients with strategic operations, supply chain, procurement, and transformation services.