Versterking van ons Industrial Tech & Services team
Investec heet Matthias Odrobina van harte welkom als Managing Director van ons European Business Advisory en als senior lid van het wereldwijde sectorteam dat Europa, het Verenigd Koninkrijk, Afrika, de VS en Azië bedient met onafhankelijk advies over grensoverschrijdende transacties.
Matthias beschikt over diepgaande sectorexpertise op het gebied van industriële technologie – met bijzondere aandacht voor smart industries, B2B-software en digitale transformatie.
Hij heeft 20 jaar ervaring als vertrouwd partner voor raden van bestuur en eigenaren op het gebied van fusies, overnames, desinvesteringen, financieringen en buyouts, met een bijzondere focus op de industriële sector, B2B-software en zakelijke dienstverlening.
Contact: Matthias Odrobina
Wij zijn verheugd om een verdere uitbreiding van onze internationale M&A-adviespraktijk aan te kondigen met de integratie van Capitalmind Switzerland in het merk Investec.
Het Zwitserse team, onder leiding van Markus Decker en Thomas Ellenberger, is trots om zich bij Investec aan te sluiten en daarmee onze gezamenlijke toewijding te versterken aan het leveren van op maat gemaakte M&A-adviezen en -oplossingen.
Deze mijlpaal is belangrijk voor zowel ons team als onze cliënten en versterkt onze aanwezigheid en capaciteiten in heel Europa.
Deze laatste overname onderstreept onze inzet voor de uitbreiding van onze adviesactiviteiten. Wij beschikken inmiddels over 300 M&A-professionals verdeeld over 17 kantoren wereldwijd, waarmee we de groei van het geïntegreerde aanbod van Investec in Zwitserland verder ondersteunen, waaronder private banking, vermogensbeheer en directe kredietverlening.
“Door onze M&A-professionals in Europa te verenigen, kunnen wij nieuwe ideeën en op maat gemaakte oplossingen aanbieden aan cliënten in Zwitserland en internationaal.“
– Markus Decker, Managing Partner Zwitsers kantoor
“Deze overname verdiept onze aanwezigheid in Zwitserland en versterkt de wereldwijde samenwerking, waardoor cliënten toegang krijgen tot internationale én lokale investeringsmogelijkheden.”
– Jonathan Arrowsmith, Head of Investment Banking, Investec
Ons volledige Zwitserse team:
Markus Decker, Thomas Ellenberger, Yanik Costa, Dr. Miró Feller, Tim Graber, Kai Kiesinger, Lorenzo Mattei, Luca Stalder en Gabi Korolnyk
Lees meer:
Switzerland | Investec Advisory
Investec M&A advisory recently facilitated the negotiation module again for the NVP Essentials Course in the Netherlands.
This highly regarded multi-day program, organized by the Dutch Private Equity & Venture Capital Association (NVP), provides a comprehensive overview of the complete private equity investment process, equipping starting PE and M&A professionals with essential knowledge and practical skills.
During the PE Essentials training, the professionals went through the entire PE investment process. Investec led the workshop focused on negotiation strategies, while other speakers covered topics such as bank financing, investment management, due diligence and exits.
Our negotiation workshop equipped participants with practical tools and strategies for maximizing deal outcomes. This hands-on training directly enhances their daily work performance. Following a challenging round of negotiations in our case study, champagne was awarded to the buyers and sellers who achieved the most favorable outcome at the end.
Investec’s continuous involvement in the NVP Essentials Course underscores our commitment to continuous professional development and dedication to staying at the forefront of the private equity industry.
Investec announces the appointment of Michael Eriksen as Head of Nordic M&A in support of its strategy to significantly grow its presence in Europe. Michael brings over 25 years’ experience as an M&A advisor to companies in the Nordics.
In his new role, Michael will focus on identifying and pursuing growth opportunities for clients, in line with Investec’s 25-year track record as a trusted M&A advisor to clients globally, particularly in Europe. Investec provides tailored M&A advice to clients, many of whom operate in the mid-market across a wide range of sectors, helping them achieve their growth objectives.
In 2023 Investec acquired a majority interest in Capitalmind and, with effect from today, completes its transition to the Investec brand.
“Companies across multiple sectors in the Nordics are actively seeking opportunities to expand beyond their borders. Michael’s established relationships and expertise will be invaluable as we enhance our M&A advisory capabilities in the region. At the same time, we are committed to bringing our broader expertise to the Nordics, including leveraged finance and fund solutions for private equity, such as GP financing, continuation funds, and NAV facilities.”
Jan Willem, Managing Partner and Board Director of Investec Continental European Advisory BV (ICEA)
“The Nordic region is a dynamic and expanding market. I firmly believe that Investec, with its strong client focus and comprehensive banking capabilities, is ideally positioned to capitalise on the opportunities that lie ahead.”
Michael Eriksen, Head of Nordic M&A
Recap | Information event: Financing summit | 11 October 2024 | Bergwelt Kandel
Creative solutions for challenging times
The economy is faltering, and order intake has become volatile or even shrinking. Companies planning a refinancing, a generational change or having to fund investment programs are facing difficult market conditions. The buzzword ‘transformation’ is being used inflationary, and some even speak of de-industrialization in Germany. What role do banks and financial partners play in this situation? Does debt capital still make sense, or do mezzanine financings and minority equity offer a real alternative?
These and other questions were the focus of the wvib Financing Summit on the Kandel, where expert insights were provided by Michael Fabich, Chairman Investec, and Thorsten Gladiator, Managing Partner Investec. They discussed the crucial role and significance of the sector in today’s financial landscape.
The wvib (Wirtschaftsverband Industrieller Unternehmen Baden e. V. in the Southwest of Germany) is a trade association for industrial SMEs, a mouthpiece and service provider for family-owned medium-sized companies. Founded in 1946 by entrepreneurs for entrepreneurs, wvib comprises 1,040 manufacturing companies with 384,000 employees and a worldwide turnover of 75 billion euros. The association has over 60 full-time employees. At the invitation of wvib, Investec took part in the wvib Financing Summit with a presentation together with representatives of financing providers and companies.
Private equity as a flexible financing instrument: from locust to grasshopper
Private equity (PE) has undergone a remarkable transformation in recent decades. Once decried as ‘locusts’, private equity has now developed into an instrument to fund sustainable growth. PE also plays an important role in German medium-sized companies when it comes to successfully managing succession arrangements, changes in ownership or strengthening of equity. The success of the model is reflected in the figures: In Germany today, there are over 470 private equity firms that have invested in more than 5,500 portfolio companies, which together generate annual sales of €293 billion and employ around 1.5 million people. In the last five years alone, around €76 billion has been invested in the market. Thorsten Gladiator and Michael Fabich emphasize that PE today is more than just financial engineering. The focus is on long-term value enhancement through targeted operational improvements and strategic growth.
Between transformation and regulatory pressure
What will 2024 look like for a German automotive supplier? The Leiber Group, a family-run company with a long tradition, invested heavily in e-mobility – once a reason for customers and financing partners to be pleased. However, the expected unit numbers fell short of the forecasts by up to 80%. Managing Director Martin Müller describes the situation as a ‘vicious cycle’: price pressure from customers, constant transformation pressure and a growing flood of regulation are weighing on both the workforce and the company’s liquidity. Nevertheless, Leiber is looking optimistically to the future with a new brand identity and the motto ‘with ease ahead’. A consortium of five savings banks is securing the financing. ‘We don’t complain, we act’ – a motto that fits perfectly with the current times.
Financing the future – how, who and when?
A “management buyout” instead of a handover within the family raises exciting questions: How much capital can the management raise? How do you organise a gradual transition? The mechanical engineering firm MAFAC, managed by Rainer and Joachim Schwarz, tackled this process at an early stage. For the new managing director and shareholder Stefan Schal, financial security through a complex construct of silent partnerships, fixed-interest loans and a guarantee was anything but a given. The solution preserved the values of the family business and secured its future.
Global markets, local solutions
The Sparkasse Freiburg-Nördlicher Breisgau also sees the world as changing. While sales markets are global, financing is often secured locally. This is where Markus Hildmann comes in. With topics such as sustainability regulation, corporate finance and corporate succession, the Sparkasse supports companies with modern software solutions such as Nawisio, which are designed to facilitate compliance with CSRD, EU taxonomy and CSDDD. The centre of excellence for corporate succession is designed to ensure that the 125,000 companies affected each year find a suitable solution. Hildmann emphasises that it is crucial to involve financing partners at an early stage.
Mezzanine financing: stopgap or strategic advantage?
Mittelständische Beteiligungsgesellschaft (MBG) and Bürgschaftsbank BW work closely together. For Chris Hammer, the silent participation is a strategic tool for getting back on the offensive from a defensive position. Thanks to its subordination, lack of exit pressure and non-interference in day-to-day business, this instrument can create a solid basis for further outside capital without the need to sell company shares. Creditworthiness and room for maneuver are maintained – ideal for transformations, growth financing, innovations, successions or start-ups.
Conclusion
According to a study by the German Economic Institute (IW), Germany will need around €1.3 trillion of financing between now and 2030 to achieve the transformation and future growth it needs. This staggering figure makes it clear that traditional financing methods alone will not be enough. To successfully shape the economic future of German SMEs and finance transformations, it will take courage, collaboration and an open mind when it comes to tapping new sources of capital.
Watch the recap of the Summit here: