IMAP advised the leading international industrial services provider Bilfinger SE on the disposal of Bilfinger FRB to EQOS Energie, a Triton Fund IV portfolio company. With the sale of all of its shares in the business consisting of two subsidiaries specialized in engineering and construction services for overhead power lines, Bilfinger FRB, Dinslaken and Bilfinger FRB S.à r.l., Luxembourg, Bilfinger is divesting a non-core business and remains focused on its core service activities.
With around 180 employees located at six branch offices in Germany and Luxembourg, FRB has many years of experience in engineering and construction services for overhead power lines and has been positioned among the top 10 in the industry for many years. Due to FRB's broad service offering ranging from planning and statics to civil engineering and fitting, EQOS Energie broadens its access to attractive projects and customers. Complementary customer bases and expertise in calculation and project management as well as access to additional linemen and project management capacities enable both companies to best participate in the anticipated market growth in the years ahead.
With about 1,600 employees EQOS Energie is one of Europe's leading providers of sophisticated technical infrastructures including overhead power line construction services, a segment in which EQOS Energie is already one of the market leaders in Germany.
The private equity company Triton focuses on medium-sized businesses in the industrial, business services, consumer, and healthcare sectors. The Triton portfolio, currently comprising 38 companies, combines sales of around €13.6 billion and employs a total staff of approximately 84,500.
Burkhard Weber, Torsten Denker, Philipp Noack and Ulrich Keesen of IMAP exclusively advised the seller in structuring, negotiating and closing the transaction in a highly competitive process.