GCA Altium has continued to expand its European business, hiring Frank Merkel, who is joining the Frankfurt office as a member of the management board in Germany and Head of GCA Altium’s Industrial Technology sector group in Europe.
Industrial Technology has become a key sector for GCA Altium in recent years. GCA’s North American and particularly its Asian operations have historically had a strong focus on this space, and the new team in Frankfurt complements their activities. Recent GCA transactions in this area include the sale of Wild Goose Filling to The Middleby Corporation, the sale of GANTNER Electronic to SALTO Systems and the acquisition of Central Conveyor Company by Tsubakimoto Chain Co.
Building on GCA Altium’s existing Industrial Technology platform and his strong track record in the sector, his responsibilities will include several subsectors that are all buoyed by the global automation and digitalisation megatrends, fitting well with GCA Altium’s strong Technology focus. Subsectors such as Material Handling Technology and Factory Automation will be the focus area of Michaela Pfeifenberger, while Packaging & Process Technology as well as Measurement & Testing will be the key segments of Jens Schmadel, who are both also joining GCA Altium’s Industrial Technology team alongside Frank.
Frank joins GCA Altium from Alantra where he successfully completed more than 25 M&A transactions in excess of EUR 4bn enterprise value since he joined in 2016. At Alantra Frank co-led the German office, served as Chairman of the Nordic operations and was a member of the Global Executive Management Committee of the Investment Banking business. In addition, he was the global sector head for Industrial Automation.
Prior to joining Alantra, Frank was a founding partner of C.W. Downer & Co.’s business in the DACH and Nordic region, a global M&A boutique focused on cross-border M&A transactions, which merged with N+1 to become Alantra in 2016. His professional education includes studies at the International Business School in Bad Nauheim, Germany, where he received his Diploma in International Management, and a Bachelor’s degree in Business Administration from the University of Lincoln, UK.
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