Auctus acquires majority stake in Elplan

Harriet Matthews
27 May 2021

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Auctus Capital Partners has acquired a majority stake in Elplan, a Germany-based business providing technical building planning services.

The GP said in a statement that it plans to pursue a buy-and-build strategy in the technical building engineering and planning sector in the DACH region. Auctus said in the same statement that it considers construction digitalisation and the trend towards more holistic planning approaches to be drivers for consolidation in the market.

The GP held a final close for Auctus V in October 2019 on €250m. The vehicle aims to make 20-25 platform investments in total, focusing on non-cyclical companies in the DACH region with revenues of €10-150m.

Company
Founded in 1993, Elplan specialises in technical building services, including heating, ventilation and sanitary systems, as well as electrical engineering and fire protection. The company uses building information modelling software to plan projects and also handles building digitalisation planning. Elplan has offices in Minden, Hamburg and Vechta, with 70 employees.

People
Auctus – Daniel Meuthen (director); Robert Knorrek (principal); Marvin Aurnhammer (investment associate).
Elplan – Fred Hölters (founder).