DC Advisory Partners acted as the exclusive debt advisor to DPE Deutsche Private Equity GmbH on the acquisition financing for Westfalia-Automotive
Essential Information
Client
Westfalia
Date
February 2011
Deal value
€ Undisclosed
Advice Type
Debt Advice, Acquisition Finance Advice
Sector
Automotive
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DC Advisory Partners acted as the exclusive debt advisor to funds advised by DPE Deutsche Private Equity GmbH („DPE“) on the acquisition financing for Westfalia-Automotive, one of the worldwide leading producers of towbars and carrier systems supplying numerous car makers. Sellers were Odewald & Compagnie and other shareholders including WestLB.
Volker Hichert, Managing Partner of DPE: “Westfalia-Automotive has established itself as the European market leader for towbars in a strongly growing market. We believe that especially the wide product range of towbar systems and other transport solutions, like carrier racks for bicycles etc., is particularly promising. With our investment, we want to sustainably promote the innovative strength of Westfalia-Automotive and play an important role in the consolidation of the industry all over Europe.”
Norbert Schmitz, Director at DC Advisory Partners and responsible for the acquisition financing: “DPE secured a competitive financing package, which represents a solid basis for future growth of the company. DC Advisory Partners helped in securing the financing package within a very short time frame.”
DC Advisory Partners acted as the exclusive debt advisor to DPE.
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