Ashurst advises Rantum Capital on financing the acquisition

Ashurst advised Rantum Capital on the financing for the acquisition of DPG Deutsche Elektro Prüfgesellschaft mbH for its Rantum Private Equity Fund II. The parties have agreed not to disclose the terms and conditions of the financing.

DPG headquartered in Mannheim, Germany, is a leading service provider for electrical and non-electrical operational safety inspections. Founded in 2015, the company has around 300 employees and serves more than 1,600 customers from industry, trade, the public sector and the facility management industry.

Rantum Capital is a mid-market investment company for the DACH region founded by financial experts, entrepreneurs and former DAX board members. Rantum Capital’s investor base is comprising of institutional investors, in particular insurance companies, pension funds and foundations, from Germany as well as other European countries.

The transaction marks the fifth investment from the Rantum Private Equity Fund II, which specializes in majority investments in medium-sized companies in German-speaking countries.

The Ashurst team was led by partner Dr Matthias Weissinger. He was assisted by senior transaction lawyer Ariana Fazlic (both Global Loans).

Ashurst's German banking and finance practice advises both banks and alternative lenders, private equity investors and companies on domestic and cross-border acquisition, real estate, asset and infrastructure / project finance as well as on financial restructuring and corporate lending.