Acquisition of b1 Engineering Solutions by BeOne Invest BV from Blaupunkt Group

Sector(s)
Industrials / TMT
Deal type
Buy a business / Carve out / Debt Advisory / Restructuring
Date
February 2016
Countries involved
Germany

Client

BeOne Invest BV is a vehicle of a serial acquirer in the car infotainment industry

Deal

Capitalmind advised BeOne Invest BV on the acquisition of b1 Engineering Solutions by way of carve out from Blaupunkt Group

Parties

Lead team

  • Ervin Schellenberg

    Ervin Schellenberg

    Managing Partner Germany

What we did

Capitalmind’s task was to accompany the M&A process including preparation of documentation and modelling for a possible acquisition financing. Furthermore Capitalmind assisted BeOne Invest in negotiations with the seller, and later the liquidator, as well as during due diligence.

About the deal

b1 Engineering Solutions was part of Germany based multimedia group Blaupunkt. b1 supplies engineering services and development, mainly for embedded systems. Blaupunkt group was formerly held by Aurelius who did not engage in any operational improvement. In October 2015 the group entered into self-administration. BeOne Invest BV, a vehicle of a serial acquirer in the car infotainment industry, bought b1 Engineering Solutions out of Blaupunkt group by way of carve-out.