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Expanding its range of products and services
€21.4mn
Equity investment
€76mn
Revenues 2020 (preliminary)
184
Employees 2020

KEY FACTS AT A GLANCE

  • One of the few full-service providers of components for the construction of cable and fibre-optic networks
  • Successful arrangement on succession within a family business
  • Buy-and-build platform with opportunities from market growth and broader service offering

BTV MULTIMEDIA

Investment by
DBAG ECF II

€21.4MN

DBAG'S INTEREST

€8.9MN

MANAGEMENT BUYOUT

MAJORITY
INVESTMENT
OF DBAG ECF II

First invested

AUGUST 2018

REVENUES in €mn

 

48

 

2018

 

67

 

2019

 

76

 

2020 (preliminary)

As of 30 June 2021

4

company acquisitions since the beginning of the investment

BTV Multimedia is the fifth broadband communication company that DBAG has invested in since 2013. The market of these companies is driven by the rising demand of end customers for faster Internet connections, requiring existing networks to be upgraded or new ones built.

RAGNAR GEERDTS
MANAGING DIRECTOR

PROFILE

BTV Multimedia is a group of trading and service companies that develop, produce and distribute components for the construction of cable and fibre optic networks. The group is one of the few full-service providers on the market: BTV Multimedia offers everything that is required to build, upgrade and operate such infrastructures. This includes, for example, antenna sockets, which are individually developed and produced. The group stocks a wide range of these and other components used by network operators and service companies. The BTV group was founded in Hanover in 1986. In addition to other service and sales locations in Germany, subsidiaries are also maintained in the Netherlands and Taiwan.

POTENTIAL FOR DEVELOPMENT

With the help of company acquisitions, BTV Multimedia should further broaden its product range and geographical market coverage. This has now been achieved with four company acquisitions: The turnover has more than doubled since the beginning of the investment. Thus, the consolidation of the German reseller market was advanced with the takeover of Anedis Management GmbH, the acquisition of DKT A/S supports the international expansion to Denmark and supplements the product portfolio, particularly in the fibre optic segment. With Fionis GmbH, a fibre-optic system integrator that serves fibre-optic extensions with components as well as planning and installation services, the company was able to expand its market coverage to include Austria and Italy as well as strengthen its competence in the fibre-optic segment and the installation business. Finally, Holm GmbH is a wholesaler of network components.

BTV Multimedia is benefiting from the advancing expansion of broadband networks and will continuously drive forward the strategic and operational measures agreed at the start of the investment. Further company acquisitions are being planned for this purpose.

Responsible team member

Ragnar Geerdts
Ragnar Geerdts

Managing Director

Ragnar Geerdts
+49 69 95787-172

Ragnar Geerdts

Managing Director

Ragnar Geerdts joined Deutsche Beteiligungs AG in 2012 and became a Managing Director in 2017.

Ragnar Geerdts has over nine years of experience in private equity. He has extensive knowledge of the automotive supplier and telecommunications industries and in mechanical and plant engineering. He was involved in numerous investments and disinvestments and led the investment process in vitronet, netzkontor nord, von Poll Immobilien, BTV Multimedia, Solvares Group, DING Group and DGA. In these companies he sits on the advisory councils. Before joining Deutsche Beteiligungs AG Ragnar Geerdts worked in the area of M&A at Bayer AG and at Deutsche Post AG.

He holds a degree in Business Administration from Freie Universität Berlin, and also studied at the Beijing Foreign Studies University.

Current portfolio companies

netzkontor

Former portfolio companies

Ragnar Geerdts

Managing Director

+49 69 95787-172