M&A Deal Summary

CSSP Holding Acquires IHI

On September 17, 2024, family office CSSP Holding acquired manufacturer IHI from Hannover Finanz

Acquisition Highlights
  • This is CSSP Holding’s 1st transaction in the Manufacturing sector.
  • This is CSSP Holding’s 1st transaction in Germany.

M&A Deal Summary

Date 2024-09-17
Target IHI
Sector Manufacturing
Buyer(s) CSSP Holding
Sellers(s) Hannover Finanz
Deal Type Secondary Buyout

Target

IHI

Isselburg, Germany
IHI produces and finishes foundry-components for heavy duty diesel motors and trucks of all kinds. Main products are heavy flywheels, axes for fork-lift pilers, brake disks for trains and heavy casings. IHI was founded in 1996 and is based in Isselburg, Germany.

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Buyer(S) 1

DESCRIPTION

CSSP Holding is a family-owned investment firm focused on acquiring and operating small and mid?sized companies in Germany, Austria, and Switzerland. The Firm's approach centers on majority buyouts of established businesses—particularly manufacturers, retailers, and service providers—often in carve-out, succession, or turnaround situations. CSSP Holding was formed in 2017 and is based in Munich, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2024 M&A 1 of 1

Seller(S) 1

SELLER

Hannover Finanz

Hannover, Germany

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1979
PE ASSETS 700M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Hannover Finanz is a private equity group that targets buyout and expansion capital investments in mid-sized 'structurally sound businesses' operating in stable and growing industries. Hannover Finanz looks for businesses with annual revenues of at least €20 million and typically commits between €15 and €50 million of equity per transaction. The Firm will consider both minority and majority investment situations/needs. Broad areas of interest include technology, life science, service, distribution, and industrial sectors. Hannover Finanz was formed in 1979 and is based in Hannover, Germany.


DEAL STATS #
Overall 27 of 29
Sector: Manufacturing M&A 4 of 5
Type: Secondary Buyout M&A Deals 9 of 9
Country: Germany M&A 23 of 25
Year: 2024 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-29 Spectral

Pleidelsheim, Germany

pectral designs and produces modern furniture for TV and music systems. With innovative solutions such as integrated sound systems, concealed cable guides and projector drawers, Spectral has made a name for itself over many years and is a pioneer in combining beautiful living with entertaining technology. Spectral was founded in 1994 and is based in Pleidelsheim, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-24 Simplon

Hard, Germany

Simplon develops high-quality, individually assembled premium sports bikes made of carbon and is therefore present in Austria and Switzerland. Simplon was founded in 1961 and is based in Hard, Germany.

Sell -