Cowen advises Simon Hegele on an MBO and the entry of EMZ Partners as minority shareholder

Overview

Transaction

Cowen advised Simon Hegele Holding GmbH (“Simon Hegele”), a global contract logistics provider with a leading position in the field of large-scale medical equipment, on an MBO and the simultaneous entry of private equity firm EMZ Partners GmbH (“EMZ”) as a minority shareholder. The transaction is subject to clearance by the relevant antitrust authorities.

As part of the transaction, the management team of Stefan Ulrich, Christoph Ludin and Mike Winter will increase their respective stakes. Dieter Hegele, a member of the founding family, will retain a significant shareholder in the group. As a member of the advisory board, he will continue to contribute to the future success of Simon Hegele with his many years of experience and his network in the logistics and service industry.

Stefan Ulrich, CEO at Simon Hegele, comments: “We are very much looking forward to the cooperation! With EMZ, we have found a partner with whom we will write another significant chapter in the history of Simon Hegele. We would like to thank Cowen for the exceptionally professional support throughout the process and the outstanding result!”

Client

Simon Hegele is considered one of the leading companies for industrial contract logistics (3PL) in Germany and a global market leader in the “Healthcare Services” segment. Founded in 1920, the company has evolved from a pure relocation and transport service provider to an international provider of sophisticated logistics services with a diversified service portfolio that includes production-related assembly, transport, installation and “reverse” logistics of large medical equipment, as well as comprehensive logistics services in the industrial and retail segments. In the future, the focus will be increasingly on the area of “value-added services” to develop into a leading provider in the field of BPO solutions. With 2,500 employees at 47 locations worldwide, Simon Hegele offers its services to a large and loyal group of “blue-chip” customers, differentiating itself through industry-leading references and outstanding performance at the highest level.

Investor

EMZ is a leading European investment firm with offices in Paris and Munich. The firm focuses on medium-sized companies and offers flexible capital solutions in strong partnership with founders, family shareholders and managers. EMZ is majority-owned by its own employees and has a base of European institutional investors. The current fund has a volume of more than 1.0 billion euros and its investment size ranges from 10 to 150 million euros.

Contact

Lars
Veit

Partner
M&A, Cowen

+49 89 2000 393 0
Email

Konstantin
Schönborn

Partner
M&A, Cowen

+49 89 2000 393 0
Email

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