AURELIUS Growth Investments’ portfolio company G&N acquires Braune


AURELIUS Growth Investments’ portfolio company G&N acquires Braune

  • Third Acquisition for G&N in 2021
  • Strengthening Market Position in the Field of Fire Alarm Systems, Security Technology as Well as IT and Telecommunications Technology
  • Expansion to Leipzig/Dresden Metropolitan Area

On May 21st 2021, G&N Gefahrenmelde- und Nachrichtentechnik GmbH („G&N“), a portfolio company of AURELIUS Wachstumskapital SE & Co. KG ("AWK", “AURELIUS Growth Investments”) acquired Braune GmbH ("Braune"). Like G&N, Braune offers high-quality services in the field of technical building technology for fire alarm systems, security technology as well as IT and telecommunications technology. A large proportion of sales are generated with maintenance and service. Headquartered in Oederan located between Leipzig, Dresden and Chemnitz, Braune perfectly complements the existing G&N branches in Wartenberg near Fulda, Essen, Frankfurt am Main, Berlin, Hamburg, Gießen, Montabaur, Dortmund and Düsseldorf/Hilden. After the acquisition of SSP Schwachstrom-Partner GmbH (“SSP”) and TELROTH GmbH with sites in Hamburg and Berlin for the former and Düsseldorf/Hilden for the latter within the first quarter of 2021, the Braune transaction represents the third acquisition by G&N this year. This underlines the successful approach of AWK to actively expand portfolio companies through acquisitions of market participants.

Nico Vitense, Managing Partner at AWK, was very pleased with the transaction: “We are very delighted that Braune GmbH, a leading regional provider of fire alarm systems, security technology, as well as IT and telecommunications technology, joins the G&N Group for technical building services. Thanks to a wide range of high-quality services, Braune enjoys an excellent reputation among its customers. Together with a great team led by the managing directors Steffen and Peter Braune, we will further pursue the growth of Braune and thus of the entire Group. Following the acquisitions of SSP, TELROTH and Braune, G&N's sales have nearly tripled over the last 2.5 years."

Steffen and Peter Braune added: “Together with G&N and AWK, there are new opportunities for Braune to grow and to exploit additional potential. In particular, we see additional growth opportunities in our focus areas of Fire Alarm Systems and Security Technology within the G&N Group."

Stefan Carle, managing director of G&N, stated: “A partnership between the G&N Group and Braune strengthens our market position significantly in the economically strong Leipzig/ Dresden metropolitan area. We are very much looking forward to working with Steffen and Peter Braune and their team. "

On behalf of Aurelius, the transaction was led by Nico Vitense (Managing Partner) and Jonas Anochin (Investment Associate). The team was supported by Joerg Schoberth (Ebner Stolz, Financial and Tax Due Diligence) and Hans-Jörg Wittmann (Kuzaj Wittmann & Partner, Legal Due Diligence and Legal Advice).

Braune was founded in 1991. The company is a leading regional provider of technical building services in the areas of fire alarm systems, security technology as well as IT and telecommunications technology in the Leipzig/Dresden metropolitan area. In total, the company employs c. 35 employees in Oederan located between Leipzig, Dresden and Chemnitz.

As part of the AURELIUS Group, AURELIUS Growth Investments focuses on Buy and Build and buyouts/succession solutions. AURELIUS Growth Investments’ current portfolio comprises a total of eight companies. In addition to capital for investments and growth, AURELIUS Growth Investments supports the management of its portfolio companies through its extensive entrepreneurial experience and helps to implement growth initiatives and realise operational potential.

Nico Vitense
Managing Partner
+49 162 239 00 70