Levine Leichtman Capital Partners (“LLCP”), a global private equity company for the middle market segment, announced today that the founders Claudio Tubach and Philipp Westphal and the management team got together to acquire a majority participation at Ensro Service GmbH (“Entro” or “The company”). The conditions of the transaction were not announced.
Entro was founded by the founders and NGC successor capital in 2022 and offers services in the areas of examination, inspection, repair and installation of input, fire protection and access control systems. With its holistic and manufacturer -independent range of services, Entro supports its more than 4,500 customers to meet the increasingly stricter regulatory requirements for operational safety and to enable optimized operational efficiency. Entro has its headquarters in Hamburg and offers its customers with 16 locations and over 170 technicians a nationwide supply.
Philipp Westphal, founder and managing director of Entro, commented: “We look forward to the partnership with LLCP in this next growth phase from Entro. In recent years we have built Entro into a leading technical service provider that uses a large number of first-class B2B customers and offers a nationwide coverage, high flexibility and innovation leadership. to further expand our core areas and will continue to concentrate extremely disciplined on a non-discretionary, highly recurring mix of ticc, maintenance and repair services. “
Claudio Tubach, founder and managing director of Entro, added: “We are very happy about the partnership with LLCP and the further acceleration of our successful organic and inorganic growth strategy in our core segments. The investment will provide our company considerable capital as well as the resources of LLCP in order to get our ambitious growth beyond the DACH region To accelerate and create a leading company in Europe. “
Josh Kaufman, Head of Europe at LLCP, said: “Entry works in an extremely attractive market that is supported by strong regulatory tailwind and the ripe is for consolidation. We have identified Entro as an extremely attractive platform that is based on our extensive experience with investments in route -based service companies, and we look forward to the management team with our industry expert to support our value creation concept. “
Matthias Tabbert, Head of Dach at LLCP, Castle: “We are proud to work with Claudio, Philipp and the Entry management team in order to accelerate organic and M&A growth in the Dach region and internationally. We look forward to using our local presence and Europe-wide presence to support the ambitious growth plans from Entro.”
Entro continues to run by the two founders Claudio Tubach and Philipp Westphal as well as CEO Sonja Foremny, Coo Jan Ingo Buschmeyer and the existing management team.
LLCP was advised by Carlsquare (external financing), Fortlane (Commercial), Alvarez & Marsal (Financial & Tax), H&Z (operational) and Milbank (Legal).
Via Levine Leichtman Capital Partners
Levine Leichtman Capital Partners, LLC is a global medium-sized private equity company with a 41-year success story in investments in various target sectors, including company services, franchising and multi-unit, education and training as well as technical products and production. LLCP uses a differentiated structured-private investment strategy that combines foreign and equity investments in portfolio companies. LLCP is of the opinion that the investment in a combination of guilt and equity titles offers the management teams growth capital in a highly tailor-made, flexible investment structure that can be a more attractive alternative as a traditional private capital capital.
LLCP’s Globales team of committed investment experts is managed by 9 partners who have been working on average at LLCP for 20 years. Since its foundation, LLCP and its subsidiaries have managed around $ 18.1 billion in capital in almost 20 investment funds and invested in around 120 portfolio companies. LLCP is currently managing a fortune of $ 12.7 billion and has branches in Los Angeles, New York, Chicago, Miami, London, Stockholm, Amsterdam and Frankfurt.