Deutsche Beteiligungs AG has acquired in-tech GmbH
in-tech, based in Garching, Germany, provides technological and organizational advisory and engineering services worldwide, primarily for the automotive and related supply industries. Its development services span five areas: electronics integration, driver assistance systems, driving dynamics, solutions for connected cars and infotainment and electric mobility. in-tech supports manufacturers throughout the entire development process of new systems, often taking charge of the test management for entire system prototypes or vehicle series.
in-tech’s growth prospects are promising trends such as autonomous driving, connected cars, electrification and shared mobility that are expediting digitalization in the automotive industry and are generating growth rates which, in some cases, reach the double-digit range. Deutsche Beteiligungs AG (DBAG) and funds advised by DBAG have acquired a majority stake in in-tech and will support the organic and inorganic growth of the company.
Andreas Bienert, Managing Director in Lincoln International’s Industrials Group, commented, “We are thrilled to have achieved a successful outcome for DBAG on this buy-side engagement. We utilized our fully integrated sector, mergers and acquisitions and debt advisory capabilities to achieve an outstanding result for our client. We are excited for the entire DBAG team and look forward to following in-tech’s continued growth.”
DBAG is a listed private equity (PE) company. DBAG initiates closed-end PE funds (DBAG funds) which enable institutional investors to invest in the equity or equity-like instruments of unlisted companies. Its focus is on German Mittelstand companies. Since DBAG was established more than 50 years ago, it has provided equity capital to more than 300 companies together with the DBAG funds.
Meet our Senior Team
View More Transactions in Automotive & Truck
Lincoln International advised Schaeffler on the sale of its global automotive chain drive systems business to funds advised by DUBAG
Lincoln International has advised Chiltern Capital and Keyhaven in raising financing to support the growth strategy of Steer Automotive
Lincoln International advised private shareholders on the sale of Mürdter Group to Xandor Mürdter Automotive Holding, a portfolio company of Quantum Capital Partners
Lincoln International advised CGS Management on the sale of SF Tooling Group to Storskogen
Lincoln International acted as the exclusive financial advisor to Benteler Automotive for the divestment of its Tønder, Denmark, and Louviers, France, automotive plants to Fidelium Partners
Lincoln International has advised J.H. Whitney & Co. on the refinancing of Autosplice
Lincoln International advised Insight Equity on the sale of Plasman to MiddleGround Capital
Lincoln International advised HBM Holdings on its sale of Tru-Flex to Nelson Global Products, a portfolio company of Wind Point Partners
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.