Advised on Sale of CompanyAutomotive
have participated in
IMAP advised the international group BOS GmbH & Co. KG (BOS), a leading automotive supplier, on the participation of the ESSVP IV funds (ESSVP) advised by Orlando Management AG (Orlando). ESSVP acquires a significant minority stake from the family shareholders, who 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. The family-owned company, founded in 1910, 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 (incl. 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 EUR 700m.
The ESSVP IV funds, advised by Orlando Management AG, are leading investors in industrial businesses headquartered in the DACH and Nordic region. The funds invest in market-leading companies with the potential to grow organically and through add-on acquisitions. Together with its predecessor funds, ESSVP has been in the market for 20 years and successfully developed numerous companies.
The IMAP team exclusively advised BOS GmbH & Co. KG throughout a structured M&A process and supported in negotiating and successfully closing the transaction.