Alantra advised Deutsche Beteiligungs AG on the acquisition of a stake in Swiss data components manufacturer duagon



Apr 2017
Buy-side advisory

Alantra advised Deutsche Beteiligungs AG (DBAG), a listed private equity company focusing on the mid-market, which invests in well-positioned mid-sized companies with potential for development, on the signing of an agreement to acquire a stake in duagon, a Switzerland-based leading independent provider of network components for data communication in railway vehicles.

In a first step, the DBAG-managed DBAG Fund VII will acquire all of the shares in duagon in a management buyout. In a second step, duagon’s management will co-invest. DBAG will spend up to €14 million from its balance sheet for its co-investment and will hold an interest of up to 22 percent in duagon.

The management buyout duagon has undertaken is the first MBO by a DBAG fund in Switzerland and the third MBO by DBAG Fund VII. Since the start of its investment period six months ago, DBAG Fund VII has already invested 20 percent of the committed capital. For 2017, duagon expects to generate revenue of more than CHF20 million.

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