What we did
A private equity fund advised by Lennertz & Co. acquired Stein HGS GmbH. Capitalmind advised Lennertz & Co. on the financing including the development and negotiation of term sheets and financing agreements.
About the deal
Lennertz & Co. is an owner-managed family office with a clear focus on the further development and value growth of its clients’ assets. Lennertz & Co. has a particular focus on advice on the strategic (long-term) and tactical (short-term) asset structuring in line with its clients’ personal preferences.
Stein HGS has been active for more than 20 years and is one of the leading B2B retailers of equipment for road assistance, construction sites, displays and related products. The company is headquartered in Seevetal close to Hamburg and operates leading BtB online shops such as Absperrtechnik24.de, Industriebedarf24-Shop.de and Stein-hgs.de. Stein HGS offers more than 150.000 products to the construction and road building and maintenance industry.