Aquin Advises:
On The Entry Of:
Key Terms
| > | With effect from September 15, 2017, Perusa Partners Fund 2, L. P., a fund advised by the independent Perusa GmbH, took over a majority stake of 51% in MBN GmbH (MBN-PROLED), a specialist in the development and distribution of LED-lighting. |
| > | Aquin acted as exclusive M&A advisor to the owner of MBN GmbH, Bernd Menrad. |
Strategic Logic
| > | With the cooperation, MBN-PROLED and Perusa are pursuing the shared goal of accelerating the growth of the company and achieving a top position in Europe. Measures to be taken to reach this goal are the further development of the distribution network, the expansion of the range of products and services and acquisitions of additional companies in the lighting industry. |
| > | Bernd Menrad: »After nearly 30 intense years, I look forward to taking the business to the next level together with Perusa.« |
MBN-PROLED
| > | MBN GmbH, founded in 1988, is an innovative, leading German lighting company in the field of development and distribution of LED-technology and is one of the pioneers in the LED-lighting industry. |
| > | Together with its Austrian subsidiary PROLED Austria, the brand names PROLED and MBNLED offer high-quality (mainly linear) LED-luminaires and intelligent lighting controls globally. |
| > | MBN-PROLED, headquartered in Friedberg, has shown both growth rates as well as profitability levels way beyond industry average. |
Perusa
| > | Perusa is an independent capital holding company, which currently has two funds with 350 million euro equity investing in medium-sized companies and Group divisions in the German or Scandinavian area. |
| > | Perusa is pursuing a strong operational approach to increase the efficiency and thus the long-term value as well as the potential of the portfolio companies. Strategic acquisitions (buy and build strategy) are also striving to strengthen the growth of the portfolio companies. |