Deloitte Corporate Finance advised KMLS Group (“KMLS”), a provider of building and facility services in the commercial sector, on its disposal to Syngroh Capital GmbH (“Syngroh”), the direct investment arm of the Grohe family.
About the transaction
The Deloitte Corporate Finance Advisory team (“Deloitte”) in Frankfurt am Main, led by Moritz Freiherr Schenck together with Andre Kalmykov, has successfully advised the shareholders of KMLS on its disposal to Syngroh. In the first step, Syngroh Capital has acquired 35% of shares in KMLS and laid out a roadmap for increasing its stakes up to a majority over the next years.
Syngroh wants to combine the entrepreneurial experience of the Grohe family together with the vision and deep market understanding of KMLS founders Pablo Theux and Alpaslan Yildirim to accelerate KMLS’s growth and internationalization strategy.
As a leading German M&A advisor Deloitte demonstrated first-class execution capabilities. Deloitte’s strong industry know-how and the ability to deliver a highly flexible, client-tailored solution provided significant value-add to KMLS and ensured a smooth, efficient and successful transaction.
Syngroh Capital is the newly established direct investment arm of the Grohe family with focus on small- and mid-cap transactions in the DACH region with a long-term investment approach. KMLS is the first investment for Syngroh Capital.
About the client
KMLS is a provider of building and facility services in the commercial sector. The company was founded 8 years ago in Hamburg and has managed to establish its leading market position as a specialized provider of technical services. HVAC installations, energy management and lighting solutions for retailer chains are the core expertise of KMLS. Today the company generates ca. €20m in revenues and employs ca. 200 people.
About Deloitte – Corporate Finance Advisory
As leading independent M&A advisors, we provide M&A deal execution and financial advisory services to large and mid-market corporations as well as to private equity firms globally. We offer financial advice and insight at every stage of a transaction – from consideration of strategic options to transaction execution, be it an IPO, acquisition or divestment, restructuring or fast track disposal. We pride ourselves in our independent advice to our clients.
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