IMAP has advised the shareholders of Hermann Pipersberg jr. GmbH, supplier of measurement and control devices in the gas and water sector, on the succession solution and sale to the investment company EMZ Partners. Current CEO Peter Fischer, who has been part of Pipersberg for more than 28 years and successfully developed the firm together with the entire workforce of c. 120 employees, will remain in his role as manager and shareholder. With the acquisition, EMZ expands its commitment with a profitable market leader in the DACH region.
As a leading full-service partner for the utility industry, PIPERSBERG is one of the market leaders for measuring and control equipment in the gas and water sector. Founded in 1843 and headquartered in Remscheid, the long-established company manufactures gas and water meters and offers a comprehensive range of services from maintenance to in-house logistics. The product portfolio includes gas meters, gas control devices, water meters and bulk water meters.With a combination of own as well as sourced components, the firm offers tested end-to-end solutions enabling remote reading ("smart meter gateway") and thus driving digitalization in the gas and water meter market.
EMZ Partners is a leading European investment firm focusing on investments alongside founders, family shareholders and managers. The current fund has a volume of more than €1.0 billion and its investment size ranges from €10 to €150 million.
„Together with EMZ Partners as new majority shareholder, we can further expand our product spectrum and capabilities to access markets beyond our current reach. We are delighted to have found a partner who shares our vision and supports our strategic initiatives. In addition, I would like to express my sincere gratitude towards my predecessor and long-term member of the advisory board Hans Lohmann, who together with the family shareholders, paved the way to success. We are looking forward to the upcoming cooperation and would also like to thank IMAP for their professional and committed support throughout the entire M&A process" says Peter Fischer, CEO of Hermann Pipersberg jr. GmbH.
The IMAP team consisting of Karl Fesenmeyer, Michael Knoll, Carl-Benedict Schmucker and Maximilian von Ostrowski exclusively advised the shareholders of Pipersberg during a structured M&A process and supported them in negotiating and successfully closing the transaction.