P+P advises the sellers on sale of Multimon Group to Deutsche Beteiligungs AG
P+P Pöllath + Partners advised the sellers on the sale of the Multimon Group to Deutsche Beteiligungs AG (DBAG). The transaction is subject to consent from the competent antitrust authorities.
Multimon AG is the leading provider of fire protection systems. The company was founded in 1982 and is headquartered in Kirchheim near Munich; it specializes in efficient conception, installation and maintenance of firm alarm systems that are compliant with regulations and has seven locations in Germany and eight additional locations in Eastern European countries. The fire protection systems are primarily used in high-rises, shopping centers, warehouses, production facilities, logistics centers, underground parking garages or in historic monuments.
Within the scope of a management buyout (MBO), a fund managed by DBAG, DBAG Fund VIII, will acquire a majority stake. DBAG will invest approximately 8.1 million Euros on behalf of the fund; in the future, this will amount to approximately 17 percent of shares. In addition, the management of Multimon will retain an investment.
P+P Pöllath + Partners advised the sellers on all legal and tax aspects of the transaction with the following Munich-based team:
- Philipp von Braunschweig (partner, lead, M&A/private equity)
- Sebastian Rosentritt (senior associate, M&A/private equity)
- Nico Fischer (partner, tax law)
- Matthias Meier (associate, M&A/private equity)
- Christoph-Alexander May (associate, stock corporation law)
- Linus Richter (M&A/private equity)
