Skip to main content

Rautenberg Moritz & Co. advises Mercurius and further shareholders on the sale of GVG Glasfaser to Palladio Partners.

The Rautenberg Moritz & Co. team advised Mercurius Private Equity and further shareholders of GVG Glasfaser on the sale to Palladio Partners. Signing of the transaction already took place in September 2019, Closing on 10th December 2019.

Mercurius Group was founded in 2004 and has since developed into a leading private equity firm for the development of promising business concepts. The firm acts as an active sparring partner which provides strategic know-how and guide in addition to its funding activities. Successful (former) investments of Mercurius include Cytori Therapeutics, the EQS Group, Frogster Interactive Pictures as well as casual food. Currently, the firm manages a portfolio of ten active investments.

Kiel-based GVG Glasfaser GmbH realizes fibre projects mostly in underserved rural areas. The company offers triple-play-services via their own brand “nordischnet”, on a newly-deployed high-bandwidth fibre infrastructure. GVG manages more than 150,000 homes passed, of which approx. 40,000 are already contracted, and is heavily investing in a continued fibre build-out. The company was founded in 2011 and currently employs more than 150 employees, their subsidiary 2locate included.

Palladio GmbH is an owner-managed investment boutique, specializing on independent advice to German institutional investors in tangible assets.

Our team around Arndt Rautenberg and Gero Steinröder prepared the company systematically for the transaction in the course of an exit readiness program, comprising a strategy calibration and the consecutive business planning. In cooperation with our project partner KPMG and the team around Florian Frei, we supported the sellers comprehensively as advisors and led the entire M&A process up to the successful completion of the transaction.

Quick Facts

  • Date
    • October 2019
  • Mercurius Group
    • Active private equity firm investing in promising business concepts
    • Founded 2004 in Frankfurt
    • Currently manages a portfolio of ten active investments
  • GVG Glasfaser GmbH
    • Company that realises fiber projects mostly in rural, underserved areas
    • Founded 2011 in Kiel as Glasfaser Verwaltungs GmbH
    • Currently manages more than 150,000 homes passed, of which approx. 40,000 are already contracted
  • Deal Size
    • High double-digit million-euro figure in a combined upfront and earnout structure
  • Services
    • Strategy development and business planning as key items of an exit readiness program
    • Full-scope M&A lead advisory mandate, in collaboration with our project partner KPMG
  • Team
    • Arndt Rautenberg, Managing Partner
    • Gero Steinröder, Partner
    • Eike Büllingen, Director
    • Brian Demmer, Senior Associate
    • Gerd von Bassewitz, Senior Advisor

Get in touch with our colleagues who led this transaction and discuss how we can support you.

Prev
Overview
Next

Transactions: Smart Infrastructure

  • Rautenberg & Company advises mih Management AG on the acquisition of Eurofiber Netz GmbH.
  • Rautenberg & Company advises OVAG on strategic partnership with firstcolo to develop state-of-the-art data centre in Rosbach vor der Höhe.
  • Rautenberg & Company advises KENFO on its investment in N77 Holdings, LLC.
  • Rautenberg & Company advises Circet on the acquisition of SALKO-Bau.
  • Rautenberg & Company advises EMERAM on the acquisition of Garderos.
  • Rautenberg & Company advises Mainova on the sale of shares in Mainova WebHouse.
  • Rautenberg & Company advises Circet on the successful acquisition of Tele Media.
  • Rautenberg & Company advises Circet on the acquisition of MAM-Bau.
  • Rautenberg & Company advises IST Investment Foundation on the investment in Westconnect GmbH.
  • Rautenberg & Company advises Palladio Partners on the set-up of a data centre joint venture with Hochtief PPP Solutions.
  • Rautenberg & Company advises Intermediate Capital Group (ICG) and its portfolio company TNG Group on its refinancing.
  • Rautenberg & Company advises metrofibre on the sale of a majority stake in ruhrfibre Essen to DIF Capital Partners.
  • Rautenberg & Company advises iCON Infrastructure and Strategic Fiber Networks Group on an initial debt financing.
  • Rautenberg & Company advised InfraRed and Deutsche GigaNetz on a capital increase through an investment by DWS Group.
  • Rautenberg & Company advises iCON on the acquisition of Strategic Fiber Networks Group.
  • Rautenberg & Company advises UBS-AM on the acquisition of Lünecom.
  • Rautenberg & Company advises INVISION on the acquisition of Plumettaz Holding S.A.
  • Rautenberg & Company advises Antin Infrastructure Partners and Eurofiber on a strategic partnership with NGN Fiber Network KG.
  • Rautenberg Moritz & Co. advises InfraRed Capital Partners on a majority investment in Deutsche GigaNetz GmbH.
  • Rautenberg Moritz & Co. advises Intermediate Capital Group (ICG) on the acquisition of TNG Group.
  • Rautenberg Moritz & Co. advises Circet and Advent International on the acquisition of K&R Eilers.
  • Rautenberg Moritz & Co. advises B Capital Partners in the arrangement of a co-investment of a German institutional investor in Deutsche Glasfaser Group alongside OMERS.
  • Rautenberg Moritz & Co. advises Circet and Advent International on the acquisition of Cableway Group.
  • Rautenberg Moritz & Co. advises Circet and Advent International on the acquisition of Dieter Tombers GmbH.
  • Rautenberg Moritz & Co. advises Mercurius and further shareholders on the sale of GVG Glasfaser to Palladio Partners.
  • Rautenberg Moritz & Co. advises Ardian on its minority investment into EWE AG.
  • Rautenberg Moritz & Co. advises BWK and further shareholders on the sale of BKtel to Huber + Suhner Group in Switzerland.
  • Rautenberg & Company advises Arcus Infrastructure Partners on the acquisition of Swiss fibre provider Swiss4net.