Baker Tilly supports SEVEST in the acquisition of the Sauter Group
- 09/10/2024
- Reading time 2 Minutes
Baker Tilly provides business and tax advisory services to SEVEST Management GmbH and its advised funds during the acquisition of Sauter Holding GmbH.
The international consulting firm Baker Tilly supported SEVEST Management GmbH and the funds it advises with comprehensive financial and tax due diligence in the complete acquisition of Sauter Holding GmbH from funds advised by PINOVA Capital GmbH and the Sauter family.
Sauter specializes in the development and production of customized precision spring solutions. It comprises Heinrich Sauter Fabrik technischer Federn GmbH and Schlenker Federn GmbH. The goal is to expand organic growth by enhancing existing customer relationships, strengthening sales, developing the attractive MedTech segment, exploring new regions, industries, and applications, and focusing on acquiring new customers. Additionally, inorganic growth will be pursued through the continuation of a successful buy-and-build strategy, along with continuous process optimization to increase profitability.
The Baker Tilly transaction team included partners Sebastian Hafner and Frank Stahl, along with Anna Wuschick (all Financial Due Diligence), and partners Uwe Roth, Stefan Lehner and Markus Cullefors (all Tax Due Diligence).
About the Sauter Group
The Sauter Group is a supplier to the medical technology, electronics, household appliance, and consumer goods industries. The company develops, produces, and supplies technical springs, bent parts, tool-based stamping and bending parts from round wire and strip material, assembly parts, and systems. It also develops and builds machines and systems for processing, further handling, and managing the products manufactured. The focus is on meeting customer requirements and developing innovative solutions that exceed customer expectations. Sauter operates three sites: Furtwangen (main plant), Singen, and a new facility in Villingen-Schwenningen, which offers over 10,000 square meters of production, storage, and office space.
About SEVEST
SEVEST is an investment firm specializing in medium-sized companies in German-speaking countries, focusing on advanced industrial sectors. With a background in family-owned businesses, a long track record as a mid-market investor, and an active approach to operational value creation, SEVEST helps its portfolio companies realize their growth potential.
About PINOVA Capital
PINOVA Capital is an independent private equity firm that invests in high-growth technology companies in German-speaking countries through its managed funds. PINOVA focuses on mid-sized companies with revenues between €10 million and €75 million in the industrial technology sector, characterized by significant growth potential, sustainable competitive advantages, and strong market positions in their niches.
