- 10 transactions and 5 new employees in the first half of the year
- 95 deals worldwide - 34% cross-border
- IMAP number 5 in the Thomson Reuters Mid Cap Ranking
Mannheim/Munich, 7th June 2017. Currently celebrating its 20th anniversary, IMAP in Germany’s M&A advisory business continues to run smoothly, having successfully closed 10 transactions in the first half of the year, including the sale of sports and dietary nutrition provider, Well Plus Trade to HQ Equita and the acquisition of the electrical machinery manufacturer VEM for a Chinese family business.
IMAP in Germany advises primarily mid-sized companies, with Private Equity firms participating in one third of the transactions that take place. The firms average deal volume in the first half of the year was approximately USD $60 million. Having taken on board 5 new professionals during the first half of the year, the extended team now reaches 35 employees between the two German offices in Mannheim and Munich
Founded in 1973, IMAP also continues its successful course at an international level, having completed 95 deals (34% cross border) in the first 6 months of the year, valued at over USD $8.1 billion. This is strong proof of the close cooperation within the organization, which consists of over 400 advisors across 35 countries. In the current Thomson Reuters Mid Cap Ranking for 1H 2017, IMAP ranks 5th in terms of number of transactions.
At the 20th anniversary reception held on a Rhine steamboat and with more than 250 guests on board, IMAP in Germany CEO Karl Fesenmeyer was confident that they would be able to further increase the number of transactions compared to previous years. He and IMAP Chairman Jurgis Oniunas discussed the long-term development of a successful international organization noting that in addition to binding rules, above all shared values are required and specifically, regular personal contact. “We prefer to pick up the phone and call instead of just writing an email,” said Karl Fesenmeyer
Jurgis Oniunas praised IMAP in Germany’s contribution to the international organization: “Without the German team and specifically the dedication of Karl Fesenmeyer as a former Chairman, we would not be one of the largest and most successful global M&A organizations today.”
The Italian Ariston Thermo Group (Ariston) has acquired the majority of shares in Kesselheld GmbH (Kesselheld), one of the leading digital start-ups in heating installations in Germany.
Read the Chairman's Letter introduction to the Coronavirus special edition of IMAP's publication, Creating Value.