Deal Announcement - Automotive - BOS
IMAP advises BOS GmbH & Co. KG on the participation of ESSVP IV funds advised by Orlando Management AG. IMAP Germany advised BOS GmbH & Co. KG (BOS), a leading international automotive supplier, on the participation of ESSVP IV funds (ESSVP). ESSVP acquired a significant minority stake in BOS from the family shareholders, who will remain majority shareholders, thus strengthening the company's financial power and balance sheet. As part of the partnership, BOS and ESSVP will jointly focus on international growth and further development of strategic product segments.
BOS is a global leading and innovative tier 1 automotive supplier with a comprehensive portfolio of kinematic and mechatronic system solutions for the interior and exterior of modern vehicles. A family-owned company founded in 1910, BOS focuses on the development and manufacturing of vehicle interior solutions such as luggage covers, cargo management- and sunshade systems, as well as safety nets. In recent years, the company has diversified its product segments into the fast-growing areas of panorama roofs, armrests, exterior kinematics and mechatronics (including adjustable body parts), as well as carrier systems. Today, BOS has over 7,000 employees at 21 locations worldwide and generates annual sales of over €700m.
The ESSVP IV funds, advised by Orlando Management AG, are leading investors in industrial businesses headquartered in the DACH and Nordic regions.
The IMAP team consisting of Henning Graw, Katja Schult, Carsten Biel and Sebastian Dinklage exclusively advised BOS throughout a structured M&A process and supported in negotiating and successfully closing the transaction.
