Accompanied by Zerbach & Company Corporate Finance GmbH, the shareholders of DuoTherm Rolladen GmbH sold the majority of their shares to the Hamburg-based private equity firm BPE.
DuoTherm manufactures and assembles roller shutter, venetian blind and external venetian blind systems as well as fabric shading systems, supplying in particular the German specialist trade. In recent years, the window and sun protection industry has undergone significant change. Customers, and legislators too, are placing ever higher demands on quality, innovation, sustainability and safety. In order not only to meet these challenges but rather to actively drive and shape them as an innovation and quality leader, the shareholders decided to pursue this path with BPE as a strong new partner.
On behalf of the shareholders, Zerbach & Company initiated the search for a suitable partner for DuoTherm and structured and managed the subsequent transaction process. In approaching investors, Zerbach & Company selected and considered exclusively long-term-oriented private equity firms and family offices focused on the German Mittelstand. BPE, a renowned private equity firm from Hamburg, was awarded the mandate by the shareholders in a competitive process.
As continuity and stability of business relationships are of essential importance, founder André Barth will continue to steer DuoTherm as managing partner together with BPE and will play a key role in shaping the company's further growth.