The German investment fund AUCTUS has acquired a majority stake in topinstallateur GmbH. Wohanka-Immobilien and the Managing Director of topinstallateur GmbH, Erich Zwitkowitz, are now minority shareholders. The previous majority owner S&E Consulting relied on the legal expertise of the international business law firm CMS in Vienna for the sale. The closing took place on 30 January 2020.
"We provided comprehensive advice to the seller on both corporate and tax law," says CMS Partner Sibylle Novak, pleased with the successful share deal. Associate Thomas Aspalter was also a member of her team of CMS experts.
AUCTUS specialises in acquiring equity interests in medium-sized companies and manages a fund capital of more than EUR 500m. The fund's associated companies achieve an annual turnover of around EUR 1bn. "By working with the new partners AUCTUS and Wohanka-Immobilien, we can seize the resulting synergy effects and continue the success story of topinstallateur into the future," says Managing Director Erich Zwitkowitz.
About topinstallateur GmbH
topinstallateur GmbH, based in Vienna, is a leading provider in the installation industry and employs around fifty people. In recent years, the company achieved a double-digit turnover growth.