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P+P Pöllath + Partners advises Odewald KMU on the acquisition of heizkurier GmbH

The German private equity firm Odewald KMU (Berlin) acquired a majority stake in heizkurier GmbH.

Heizkurier GmbH specializes in the rental and sale of mobile heating stations in Germany and neighboring countries. Headquartered in Bonn/Wachtberg, with other locations in Hamburg, Berlin and Ulm, the company has a strong nationwide sales network. The customers are primarily sanitary and heating specialist companies, companies in the construction, energy and real estate sectors, as well as event management.

The managing partners of heizkurier GmbH remain significantly invested in the company and will continue to manage the company. By way of this partnership, heizkurier will continue to grow in Germany and develop additional markets in other European countries.

The investment is the fourth investment for the new Odewald SME II fund. The fund invests in medium-sized, established and high-growth companies with a focus on "German engineering", intelligent services and health. Investors are predominantly institutional German asset management companies and private investors.

P+P Pöllath + Partners has previously advised on all tax matters with regard to the first investments by the Odewald SME II fund.

Once again, P+P Pöllath + Partners provided tax advice to Odewald KMU with the following team:

  • Alexander Pupeter (partner, M&A/private equity, tax law, Munich)
  • Mareen Glaab (associate, M&A/private equity, tax law, Munich)
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