Private equity investor DPE acquires majority stake in B plus L with Heuking
A team led by Dr. Peter Christian Schmidt, Partner at Heuking Kühn Lüer Wojtek’s Hamburg office, legally advised funds advised by Deutsche Private Equity Management III GmbH (“DPE”) on the acquisition of majority stakes in B plus L Infra Log GmbH (“B plus L”) and Defoxx GmbH. With joint investments in new business areas, DPE will support B plus L group in its expansion. B plus L’s founder Gunnar Förster will retain a major stake of the company in the future.
DPE is an independent German investment firm. It invests in medium-sized companies in Germany, Austria, and Switzerland. Since its establishment in 2007, DPE has successfully launched three funds with a total volume of EUR 1.2 billion.
B plus L is a leading construction site services provider and operator of container facilities in Germany. With some 1,000 active projects, it is one of the fastest growing construction site services providers on the market. The company provides its customers with central construction site facilities, power supply, water, lighting, elevators, sanitary facilities, meeting rooms, traffic control, access control, and security solutions throughout Germany. More than 250 jobs have been created since the company was established in Dresden in 2009.
Counsel to DPE
Heuking Kühn Lüer Wojtek:
Dr. Peter Christian Schmidt (Lead), Hamburg
Dr. Julius Wedemeyer,
Nathalie Hemmerling (all Corporate/M&A), both Hamburg
Dr. Hans Markus Wulf (IT, Data Protection), Hamburg
Dr. Eva Kettner, LL.B.,
Jana Maria Siemens, LL.B. (both Employment), both Hamburg
Dr. Sönke Görgens,
Viktoria W. Kämper,
Lena Sieven (all Real Estate), all Hamburg
Sven Johannsen (Regulatory), Hamburg
Fabian Budde (Procurement), Hamburg
Mathis Dick, LL.M. (Tenancy Law), Düsseldorf