Full-service provider of gas & water meters as well as control equipment for the utilities industry
has been acquired by
Mid-cap private equity firm
Advised on Sale of Company
IMAP advises the shareholders of Hermann Pipersberg jr. GmbH on the sale to EMZ Partners
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.
Hermann Pipersberg jr. GmbH, Remscheid, Germany
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, Munich, Germany
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.
The IMAP team exclusively advised the shareholders of Pipersberg during a structured M&A process and supported them in negotiating and successfully closing the transaction.
"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.