Main menu button

Carlsquare advised Deutsche Beteiligungs AG on the investment in Telio

Deutsche Beteiligungs AG (DBAG) will invest alongside its advised DBAG Fund VI in the Telio Group (Telio), a telecommunications and software provider. DBAG und DBAG Fund VI will acquire the majority in Telio in a management buyout (MBO). The investment aims to support the company in its strong growth. Telio’s management, which is already invested in the company, will acquire additional interests as part of the transaction. The parties signed a purchase contract on Friday, thereby agreeing not to disclose the purchase price. The transaction is contingent on anti-trust approval and expected to be completed by the end of the year. The vendors include private investors in addition to Telio’s management.

Telio develops, installs and operates communications and media systems in prisons. The European leader in its field, Telio was founded in Hamburg in 1998 and has had subsidiaries in other European countries, including France, Belgium and the Netherlands, for ten years. Telio expects to generate revenues of almost 30 million euros in 2015. It employs a staff of about 100.

“These areas offer Telio solid growth opportunities,” said Torsten Grede, Spokesman of the Board of Management of Deutsche Beteiligungs AG, commenting on the signing. “The company has many similarities with the two other telecommunication companies in our portfolio, and we intend to apply the experience gained there to our new investment.”

Client: Deutsche Beteiligungs AG
Industry: Software / Telecom
Assignment: Buyside
Deutsche Beteiligungs AG