AURELIUS Growth Investments’ portfolio company Ringbeck acquires Rüdiger Brandenburg
- Acquisition of a regionally leading full-service provider of high-quality gardening, landscaping and sports field construction
- Sixth add-on transaction strengthens Ringbeck Group position as the market leader in Germany’s gardening and landscaping sector
- Including Rüdiger Brandenburg, Ringbeck Group expects a total revenue of around EUR 105m in 2023
Grünwald/Berlin, May 16, 2023 – Ringbeck Group, a portfolio company of AURELIUS Growth Investments, has acquired Rüdiger Brandenburg GmbH (Rüdiger Brandenburg). Rüdiger Brandenburg, based in Berlin and Seddiner See, is a full-service provider of high-quality garden, landscape and sports ground construction. With this add-on acquisition, the Ringbeck Group expects total revenue of around EUR 105m for 2023.
Rüdiger Brandenburg is an established, leading provider of gardening and landscaping services in the Berlin region, especially among public clients and commercial customers. The company was founded in 1963 and employs more than 60 people. Its locations complement and strengthen the existing footprint of the Ringbeck Group. The current management team - Susanne Brandenburg and Christine Faber - will continue to lead the company after the transaction is completed. The acquisition represents the sixth add-on acquisition of the Ringbeck Group and underlines AURELIUS Growth Investments’ active approach to expanding its portfolio companies through strategic acquisitions of market participants.
“The acquisition of Rüdiger Brandenburg further strengthens Ringbeck Group’s market position in the Berlin region. Together with the existing group locations in Berlin and Brandenburg, we will continue Ringbeck Group's determined growth course”, comments Nico Vitense, Managing Partner at AURELIUS Growth Investments.
“The broad service portfolio and the successful company history convinced us of Rüdiger Brandenburg. Ringbeck Group will benefit especially from Rüdiger Brandenburg's competencies in the field of designing sophisticated outdoor facilities. We are very much looking forward to the partnership with Christine Faber, Susanne Brandenburg and their experienced team”, says Hendrik Hucke, CEO of the Ringbeck Group.
“The Ringbeck Group and AURELIUS Growth Investments are the right partners to ensure a successful future of Rüdiger Brandenburg. We are confident that the cooperation in the years ahead will further strengthen Rüdiger Brandenburg’s market position in the Berlin region as well as Brandenburg”, says Susanne Brandenburg, Managing Director of Rüdiger Brandenburg.
The transaction was managed by the AURELIUS Growth Investments team, led by Nico Vitense (Managing Partner). The team was supported by WTS (financial and tax due diligence) and Schiedermair Rechtsanwälte (legal due diligence and legal advice).
Contact persons on the transaction
Senior Investment Associate
AURELIUS is a pan-European alternative investment firm. Deep operational expertise and experience enable AURELIUS to accelerate value creation within its portfolio companies. The Group has offices in London, Luxembourg, Munich, Amsterdam, Stockholm, Madrid, Milan and Dusseldorf.
Our key investment platforms are AURELIUS European Opportunities IV fund and listed AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, Ticker Symbol: AR4), which specialise in corporate carve-out transactions and acquiring companies with development potential in the mid-market. The investment strategy’s core element is growth of its portfolio companies, supported by a team of almost 100 operating taskforce experts.
AURELIUS Group additionally operates in the areas of growth capital, real estate and alternative lending solutions. AURELIUS Growth Investments is focused on transactions involving buy-and-builds, buyouts and succession solutions across the small cap sector. AURELIUS Real Estate Opportunities focuses on real estate investments, the value of which can be increased in the long-term by means of active management. AURELIUS Finance Company provides flexible lending solutions to firms across Europe.
AURELIUS Growth Investments is a member of AURELIUS Group. Its portfolio comprises eleven 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 with realizing operational potential and the implementation of growth initiatives.