IK Investment Partners acquires svt Group from capiton, SüdBG and the company’s management

Together with company’s management, IK Investment Partners has reached an agreement to acquire svt Group (“svt” or “the Group”), a leading provider of solutions for preventative or passive fire protection and damage management in Germany, from capiton and SüdBG. Financial terms of the transaction are not disclosed.

London/Seevetal (Germany) – Established in Seevetal/Hamburg in 1969, svt is a leading provider of solutions in Germany for preventive passive fire protection products and installations and restoration management post fire, water and hazardous damages. The Group operates in two segments – passive fire protection (“PFP”) and restoration management (“RM”), which share know-how and experience, and has in total a network of 22 branches in Germany, local presence in Poland and Russia and a large international partner network. Among its clientele, svt has for instance developed fire safety solutions for the 2014 Winter Olympics in Sochi and the new headquarter of the European Central Bank in Frankfurt, Germany. Solutions for fire safety are a growth market worldwide because of increased awareness and regulation. The Group has 322 employees and generated sales of EUR 80 million in 2014. 

“svt has a reputation for innovation and expertise amongst its customers throughout Germany and internationally. Together with svt’s management team we will continue to build on the Group’s strong market position, know-how and product offering developed over the last 46 years to further drive growth in Germany and internationally by expanding svt’s product portfolio, service offering and regional set up both in passive fire protection and restoration management. IK is well-positioned to support svt thanks to our experience with the previous investment in Minimax Viking, a global leader in the active fire protection industry,” says Anders Petersson, Partner at IK.

“We are delighted to team up with IK as we feel that they truly understand the market for fire protection and share our international ambitions for the Group. We are a growing business in an industry in which IK has extensive expertise. We are certain that IK can support us in the growth of our business and our aim of improving fire safety in society and further building our damage management segment. We would like to thank capiton and SüdBG for their support and contribution to the development of svt over the last years,” says Steffen Gerdau, CEO of svt Group

Completion of the transaction is subject to legal and regulatory approvals.

For enquiries, please contact:

IK Investment Partners    
Anders Petersson, Partner   
Phone: +49 40 369 8850  

Charlotte Laveson, Communications Director   
charlotte.laveson@ikinvest.com 
Phone: +44 207 3047136

svt Group
Steffen Gerdau, CEO
Phone: +49 4105 409056

capiton
Christoph Karbenk, Partner
Phone: +49 30 3159 4512

SüdBG
Harald Rehberg, Member of the Management Board
Phone: +49 341 220 38820