Carlsquare has acted as exclusive debt advisor to Levine Leichtman Capital Partners (“LLCP”), a global middle-market private equity firm, on the acquisition financing of ENTRO Service GmbH (“ENTRO”), a leading group of tech-nical service providers specializing in the maintenance, servicing, and repair of access control, security, and fire safe-ty systems.
The new partnership between LLCP and ENTRO will support ENTRO’s ambitious growth plans beyond the DACH region to create a European leader, while strengthening LLCP’s footprint in the European business services sector.
Established in 2022, ENTRO provides testing, inspection, repair and installation services to entrance, fire safety and access control systems. With its holistic and OEM-independent service offering, ENTRO supports its more than 4,500 customers to navigate increasingly strict regulatory requirements for operational safety and to enable optimized operational efficiency. Headquartered in Hamburg, Germany, ENTRO provides nationwide coverage for its customers through its 16 locations and over 170 technicians.
Under LLCP’s ownership, ENTRO will continue to accelerate organic and inorganic growth and aim to expand into new regions, further consolidating its position as market-leader in its core segments which are experiencing significant growth driven by stricter regulatory requirements and increasing demand for compliance-based solutions.
“We thank Carlsquare for their valuable advice in regard to the debt financing of ENTRO which enables us to partner with Claudio, Philipp and the ENTRO team as well as accelerate the M&A growth across the DACH region and internationally.” – Matthias Tabbert, Head of DACH, LLCP
Carlsquare previously advised the founders of ENTRO on their management buyout in 2024, which was recognized by Debtwire as Small Cap Direct Lending Deal of the Year 2024.
