GCA Altium has advised DPE on the financing of the acquisition of B plus L group (consisting of B plus L Infra Log GmbH and Defoxx GmbH), a leading provider of construction site services, including a container rental business, in Germany.
Founded in 2009 by Gunnar Förster, Dresden-based B plus L group is a leading, fully integrated construction site service provider with c. 250 employees. It currently has around 1,000 active projects, making the group one of the fastest growing companies in its sector. B plus L provides its customers with construction site services, facilities and equipment (sanitary, office, storage, power distributors, construction lightning, water distribution, etc.).
Thorsten Weber, Managing Director at GCA Altium, commented: “We are delighted to have advised DPE on this financing transaction. B plus L has considerable potential to further expand the business – together with the company’s strong management team, DPE will, as a strong and experienced partner, lead the group into the next growth phase.”
GCA Altium provided debt advice on all commercial aspects of the financing transaction and advised DPE on a tailored debt financing, which reflects the growth potential of the group.
The transaction closed on 4th September 2020.fices in:
GCA Altium is the European business of GCA, a global investment bank that provides strategic M&A and capital markets advisory services to growth companies and market leaders. The firm offers worldwide coverage with over 500 employees in 25 offices across America, Asia and Europe. Built by the people that run the business, GCA is a firm of experts who focus on deals that require commitment, original perspective, skill and exceptional networks.
For further information about GCA Altium, please visit www.gcaaltium.com