
Capcellence acquires 4WHEELS
Capcellence has taken a majority stake in 4WHEELS Service + Logistik.
The private equity house has acquired a 38% from a financial investor.
The company founders Heinz and Robin Vogl as well as investor family office Obrosi will remain as shareholders. Capcellence is planning to develop the business through further expansion which includes the opening of additional proprietary "tyre hotels" and strengthening of the workforce.
Debt
The deal was a pure equity transaction.
Company
4WHEELS Service + Logistik was founded in 2000 and is based in Düsseldorf.
The business provides outsourced wheel storage services in Germany and manages 57 proprietary tyre hotels. It has an annual turnover of around €30m. Serving 1,100 car dealerships and garages, 4WHEELS employs about 330 staff.
People
Capcellence was represented by Holger Schragmann, Sven Goik, Graig Gröbli and Spyros Chaveles.
Advisers
Equity - Hauck & Aufhäuser Investment Banking, Wolfram Schmerl (Corporate finance); CMS Hasche Sigle, Tobias Schneider (Legal & Tax due diligence); PwC, Ralph Niederdrenk (Commercial due diligence); I-ADVISE, Frank Berg (Financial due diligence); Willis, Edmund Strößer (Insurance due diligence); Straight Advisors, Markus Bittner (IT due diligence)
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