TeleAlarm has been sold to ASSA ABLOY AB
TeleAlarm
Founded in 1956 and headquartered in Leipzig, Germany, TeleAlarm is a leading provider of remote care technology that combines hardware and software solutions, serving a broad range of customers across the home- and community-based care segments.
The Deal
Lincoln International acted as the exclusive sell-side advisor to the shareholders, providing mergers and acquisitions advisory services and strategic guidance to both the shareholders and the company throughout the sale process to ASSA ABLOY. Lincoln International ran a global process with both strategic and financial acquirers by leveraging its international presence to achieve a successful outcome for TeleAlarm. With its strong research and development capabilities and high-quality solutions, TeleAlarm will expand ASSA ABLOY’s core capabilities and offerings across its Senior Care business area under ASSA ABLOY Global Solutions.
Our Perspective
Dirk-Oliver Löffler, Lincoln International Managing Director and co-head of Healthcare, Europe, who led the transaction, commented, “We are pleased to have advised PRIMEPULSE on its sale of TeleAlarm to ASSA ABLOY. This transaction marks an important milestone in the remote care space, addressing the growing demand for digitalized elderly care services driven by an aging population and a shortage of care staff across Europe. We congratulate PRIMEPULSE, the entire TeleAlarm team and ASSA ABLOY on the successful completion of this transaction.”
Primepulse SE
Munich-based PRIMEPULSE is the investment company of the founders of TecDAX-listed IT service provider CANCOM. It primarily focuses on growth-oriented IT and technology companies in the DACH region. PRIMEPULSE manages assets worth approximately €1 billion, leveraging its many years of experience in the IT sector and its deep understanding of business models and markets to actively support the development of its portfolio companies.
ASSA ABLOY AB
ASSA ABLOY is the global leader in access solutions. It operates worldwide with 63,000 employees and sales of 150 billion kr, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. ASSA ABLOY’s innovations enable safe, secure and convenient access to physical and digital places.
We are very pleased with the outcome of this transaction. Lincoln International’s deal team brought relevant industry experience, orchestrated a seamless and thoroughly prepared sales process and demonstrated an exceptional level of dedication, responsiveness and commitment throughout the process, truly serving as a trusted advisor.
Meet our Senior Team
Building long-term relationships is key for me personally – I want to be the advisor of trust for my clients.
Dr. Michael Drill
Managing Director & Head of Germany
Frankfurt
I enjoy working closely with clients to overcome challenging situations and to develop strategies to meet their business goals.
Dirk-Oliver Löffler
Managing Director & Co-head of Healthcare, Europe
Frankfurt
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