News
AURELIUS Growth Investments acquires a stake in Sasse Elektronik GmbH
2021
Acquisition as Part of a Growth Strategy
Grünwald, Schwabach, October 12, 2021 – AURELIUS Wachstumskapital SE & Co. KG (“AURELIUS Growth Investments”) has acquired a majority stake in Sasse Elektronik GmbH (“Sasse”), a full-service provider in the medical technology sector. On behalf of its clients, Sasse develops and produces complex electronic and mechatronic systems as well as complete devices, such as X-ray systems or infusion pumps.
For AURELIUS, the addition of Sasse to its portfolio entails further diversification across industries and services. “Sasse has shown impressive growth in recent years. Therefore, Sasse is a perfect fit for our strategy to support companies in their next growth stage”, Nico Vitense, Managing Partner at AURELIUS Growth Investments, summarised.
“We are pleased to have found our ideal partner: AURELIUS will further enhance Sasse’s existing strong financial basis and will support the continuation of our growth strategy”, Prof. Dr. Armin Bolz stated. In addition to his role as shareholder, Prof. Dr. Armin Bolz is also a Managing Director at Sasse. The growth strategy will comprise a combination of organic and inorganic growth through the international acquisition of market participants. In addition to other industrial sectors, medical technology customers will be the primary focus of activities. During its international buy and build strategy, Sasse will also benefit from AURELIUS’ international network.
Sasse’s operational team, led by Managing Director Dirk Rimane, also said that major opportunities arise from this new constellation. Mr. Rimane summarised his positive expectations: “In recent years, our team has accomplished considerable achievements and we are highly motivated to take the upcoming steps of expansion. We are glad that we have found a shareholder who shares our vision to continue the journey of further development we have begun by systematically expanding capabilities, resources and strategic innovation.”
On behalf of AURELIUS, the transaction was led by Nico Vitense and his team. The team was supported by Roland Berger (Sven Kleindienst, Commercial Due Diligence), Moore Rhein-Ruhr (Frank Honig, Financial and Tax Due Diligence) and Kuzaj Wittmann & Partner (Hans-Jörg Wittmann, Legal Due Diligence and Legal Advice).
About Sasse
For over 50 years, Sasse Elektronik GmbH has been a leading full-service provider and supplier of complex electronic and mechatronic systems as well as complete devices for the medical technology industry. Sasse operates from its headquarters in Schwabach, located near Nuremberg, and employs approximately 90 workers.