Permira Debt Managers (“PDM”), one of Europe’s leading specialist debt investors, today announces that funds it advises are acting as senior secured lender to Deutsche Private Equity (“DPE”) in its acquisition of Valantic, a leading DACH-based digital consulting and software provider.
Valantic was founded in 2012 as DABERO Service Group and renamed in 2017, after 9 acquisitions in 6 years. It now has more than 800 customers across DACH, based in 13 locations and employing c.1,100 staff. The business has developed into a fully integrated technology enterprise platform providing services in the areas of financial services, enterprise software, business and predictive analytics, logistics and supply chain management.
Jens Bauer, Investment Director at PDM, commented:
“At PDM we continue to look to support ambitious niche market leaders with good structural resilience and Valantic fits that strategy. Valantic is a clear leader in its market and region with a sticky customer base, attractive financial profile and committed management team with its Founder at the helm.”
“We are also delighted to work with DPE for the first time in its acquisition of Valantic. They are well-regarded, high quality sponsor with a great track record in DACH. That expertise is clear in this acquisition.
“With such strength at a sponsor and management level the company’s future is in good hands, and we look forward to supporting the team and the company through the next stages of development.”
The PDM funds have now supported over 150 ambitious and fast-growing European companies with over €8bn of capital since PDM’s inception in 2007.
