
DBAG to acquire Leinberger Bau
Deutsche Beteiligungs AG (DBAG) is set to acquire a majority stake in Leinberger Bau, a civil engineering company based in Hesse, subject to approval from the German Competition Authority.
The GP will also acquire three further companies owned by the Leinberger group, according to the German Competition Authority filing.
DBAG declined to comment on the ongoing transaction.
DBAG is currently deploying capital from funds including DBAG Expansion Capital Fund First New Vintage. The fund targets DACH-based family-owned businesses and undertakes MBOs in companies with an enterprise value of up to around €75m, committing €10-30m per transaction.
Company
Founded in 1952 and based in Büdingen, Hesse, Leinberger Bau provides installation services for pipelines, civil engineering projects and road construction. Its client base includes energy providers, municipalities and construction companies. The family-run company employs 120 staff and had total assets of €11.9m in December 2017.
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