Industry - circular motive of gears


Deloitte advises capiton V on the sale of two leading German high-tech companies

A Berlin Deloitte Legal team led by Dr Julia Petersen (Partner) advised capiton V GmbH & Co Beteiligungs KG on the sale of Raith GmbH and AEMtec GmbH and their subsidiaries to the newly established fund "capiton Quantum". The closing of the transaction took place on 27 January 2023.

In the context of the transaction, the Deloitte Legal team was in particular responsible for the preparation of a comprehensive legal fact book as well as the execution of the multinational legal due diligence of the companies of the Raith and AEMtec group. Under the leadership of Deloitte Legal, legal advisors from China, the US and the Netherlands were involved in the due diligence. The financial due diligence was conducted by Deloitte Financial Advisory.

Raith and AEMtec are leading companies in the industrial technology sector. Under capiton's ownership, both companies have focused on capacity expansion, internationalization and technology enhancement in recent years. Together with the respective management teams, which will remain on board after the transaction, a strategy of organic growth and further acquisitions will be pursued.

Christoph Karbenk, Managing Partner at capiton, said: "On behalf of the entire capiton team, I would like to thank the investor group who supported us in this transaction, as well as the management teams who have done a tremendous job to date. We are thrilled to continue this successful partnership by bringing both companies to the next level. The transaction generates strong returns for our existing capiton V LPs, to whom full optionality to either generate liquidity or to participate in the next chapter of both companies was offered."

Deloitte Legal: Dr. Julia Petersen (Lead), Dr. Moritz Erkel, Anna Reshetina-Korkhova, Dr. Klaus Pilz (all Corporate M&A, Berlin), Stefan Weste (Employment, Berlin).

Deloitte Financial Advisory: Karsten Hollasch, Roland Basler, Carolin Kopyciok, Nastassja Nierling, Tim Geilker (all Financial Advisory, Düsseldorf; Raith Financial Due Diligence); Jens Schulze-Vellinghausen, Dirk Uhl, Christof Schreiber, Alexander Schmidt, Fabian Hansen, Fedor Ivanov (all Financial Advisory, Hamburg; AEMtec Financial Due Diligence).



Published: March 2023

Did you find this useful?