M&A Deal Summary

Hannover Finanz Acquires Lacon Electronic

On May 28, 2019, private equity firm Hannover Finanz acquired technology hardware company Lacon Electronic

Acquisition Highlights
  • This is Hannover Finanz’s 2nd transaction in the Technology Hardware sector.
  • This is Hannover Finanz’s 51st transaction in Germany.

M&A Deal Summary

Date 2019-05-28
Target Lacon Electronic
Sector Technology Hardware
Buyer(s) Hannover Finanz
Deal Type Buyout (LBO, MBO, MBI)

Target

Lacon Electronic

Karlsfeld, Germany
Lacon Electronic is a producer and service provider for electronic components and systems. Lacon Electronic was founded in 1985 and is based in Karlsfeld, Germany.

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Buyer(S) 1

Buyer

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 58 of 70
Sector: Technology Hardware M&A 2 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 43 of 48
Country: Germany M&A 51 of 62
Year: 2019 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-11 Zeeh Design

Munich, Germany

Zeeh Design is a full-service provider in the field of live communication. Zeeh designs, stages and realizes sophisticated corporate appearances and brand spaces at trade fairs, events, press events, road shows and general meetings in Germany and abroad. Zeeh Design was founded in 1979 and is based in Munich, Germany.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-22 E.I.S. Aircraft Products and Services

Euskirchen, Germany

E.I.S. Aircraft Products and Services is a well-established product and service provider focused on the aerospace market with more than 60 years of experience. E.I.S. Aircraft's two main businesses ’Products and Services‘ offer a comprehensive scope of capabilities throughout the whole value chain, ranging from design and engineering up to program management, production to aftermarket support. E.I.S. Aircraft Products and Services was founded in 1953 and is based in Euskirchen, Germany.

Buy -