Grünwald / Eningen unter Achalm, January 27, 2023 – G&N Holding (“G&N” or “G&N Group”), a portfolio company of AURELIUS Wachstumskapital SE & Co. KG (“AURELIUS Growth Investments”), has acquired Renz Sicherheitstechnik GmbH & Co. KG (“Renz Sicherheitstechnik”). The company offers high-quality services in the field of technical building technology for fire alarm systems, security technology, and IT & telecommunications technology.

A large proportion of sales are generated through recurring maintenance and services business. In addition, Renz Sicherheitstechnik operates its own 24/7 service and emergency call control centre. Headquartered in Eningen unter Achalm, Renz Sicherheitstechnik also operates four other sites (region Bodensee, Ulm, Allgäu and Heilbronn) providing the G&N Group with a strong foothold in southern Germany. The management of Renz Sicherheitstechnik will continue to be led by Björn Renz and Jörg Schwarz. Björn Renz will retain a significant stake in the company and will strengthen the existing management of the G&N Group.

The transaction marks G&N’s fourth add-on acquisition and strengthens the Group’s market position as one of Germany’s leading independent contractors. The acquisition underlines AURELIUS Growth Investments’ strategy of actively expanding portfolio companies through the targeted acquisition of market participants.

“The existing management team around Björn Renz has achieved impressive growth and managed to build the company into one of the leading service providers in southern Germany. We are proud that, together with Renz Sicherheitstechnik, the market position of the G&N Group in Germany has been further strengthened”, said Nico Vitense, Managing Partner AURELIUS Growth Investments.

“A partnership between the G&N Group and Renz Sicherheitstechnik significantly strengthens our market position in the economically strong region of southern Germany. We are very much looking forward to the cooperation with Björn Renz and Jörg Schwarz as well as their entire team”, stated Stefan Carle (Co-CEO of G&N Group) and Christian Dahl (Co-CEO of G&N Group).

“We value G&N Group as a long-standing trusted player in the market. With the support of AURELIUS Growth Investments, we are confident that we can continue to grow the company sustainably and build upon our impressive historical growth. The team and I look forward to our collective future and upcoming collaboration”, added Björn Renz (CEO of Renz Sicherheitstechnik).

On behalf of AURELIUS Growth Investments, Managing Partner Nico Vitense and his team advised on the transaction. The team was supported by Bluemont Consulting (Markus Fränkel, Commercial Due Diligence), Ebner Stolz (Jörg Schoberth, Financial and Tax Due Diligence) and Kuzaj Wittmann & Partner (Hans-Jörg Wittmann, Legal Due Diligence and Legal Advice).

Contact person on the transaction
Nico Vitense
Managing Partner
nico.vitense@aureliusinvest.de

Philipp Scheik
Senior Investment Manager
philipp.scheik@aureliusinvest.de

Christopher Gongolo
Investment Associate
christopher.gongolo@aureliusinvest.de