Rantum Capital acquires leading service provider for workplace safety inspections DPG Deutsche Elektro Prüfgesellschaft
- DPG Deutsche Elektro Prüfgesellschaft is a leading service provider for electrical and non-electrical workplace safety inspections
- Attractive market in light of regular inspection obligation and increasing number of testable devices
- Proven management team becomes part of the shareholder structure
Rantum Private Equity Fund II has acquired a majority stake in DPG Deutsche Elektro Prüfgesellschaft mbH (“DPG”) headquartered in Mannheim. DPG is one of Germany’s leading service providers for high-quality electrical and non-electrical workplace safety inspections, which companies are required to conduct at regular intervals based on applicable inspection obligations and in accordance with specified standards.
Founded in 2015, the company focuses on inspections of portable electrical equipment as well as fixed electrical systems and electrical machines. With the help of state-of-the-art measuring equipment and its proprietary “PrüfApp”, DPG’s testing procedures satisfy the highest quality standards and guarantee efficient and legally compliant documentation. The company employs approximately 300 individuals and maintains relationships with more than 1,600 customers from the industrial, retail, and public sector as well as the facility management industry.
The management team led by Klaus Weißenberger and Oliver Ort has successfully developed DPG since its foundation and is acquiring a stake in the company in the course of the transaction.
Klaus Weißenberger of DPG comments: “We are pleased to have found an excellent partner in Rantum to support us on our growth path in the coming years. In addition to the personal fit, Oliver Ort and I consider Rantum’s extensive network, experience with comparable business models and available capital for further growth a strong basis to enhance the quality and breadth of the existing service offering and be the best possible partner for our customers.”
“As a leading company in the attractive market for periodically obligatory workplace safety inspections, DPG has developed extraordinarily strongly in recent years and is today characterized by a high level of satisfaction among both customers and employees. We look forward to continuing this successful growth story together with the outstanding management team and to initiating the next phase of the company’s development with the help of targeted measures to sustainably strengthen the company’s leading market position,” adds Markus Wenz from Rantum Capital.
The transaction is the fifth investment from the Rantum Private Equity Fund II, which specializes in majority investments in medium-sized companies in German-speaking countries.