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MÜPRO

Employees
500
Customers
12,000
Countries
40
Status
Current
Country
Germany
Strategy
Mid Cap
Entry
Jul-22
Fund
IK IX
Website

Leading solutions provider and supplier for applications in fixing technology, vibration control and fire protection

MÜPRO (“the Company”) was founded in 1964 and is headquartered in Wiesbaden, Germany. The Company is a speciality manufacturer and distributor of Pipe Fixing Technology (“PFT”) for technical building equipment, sanitary, heating, ventilation and air conditioning applications (“SHVAC”).

With a network of over 12,000 customers, the Company has evolved to become a leading solutions provider and supplier for pipe SHVAC, due to its differentiated offering achieved by high degree of specialisation and expertise. MÜPRO occupies top positions in its key markets in Germany, France and the Netherlands and works in over 40 countries globally through distributors.

IK Partners acquired a stake in MÜPRO from Perusa in July 2022 alongside management who will be reinvesting.

What Attracted us to the Business

  • Strong market position with potential to grow
  • Comprehensive product portfolio
  • Large international blue-chip customer base
  • The majority of MÜPRO’s product portfolio is proprietary or certified

Our Value Creation Strategy

We are working alongside management to:

  • Expand its market share in existing markets;
  • Expand its international footprint;
  • Continue further digitisation; and
  • Support its strategic development through add-on acquisitions.

Quote from the Client

“We strongly believe that partnering with IK will provide us with the resources and tools needed to continue our growth trajectory. We look forward to expanding our international reach and continuing our digitisation journey. Since inception, the Company has gone from strength to strength and we thank the team at Perusa for all their support.”

Dr. Wolfgang Gödel, Chief Executive Officer, MÜPRO

Investment Team

IK Partners People - Anders Petersson

Anders Petersson

Managing Partner, Healthcare Sector Lead
Hamburg
IK Partners People - Adrian Tanski

Adrian Tanski

Director
Hamburg