Expanding its range of products and services
€17.0mn
Equity investment
€48mn
Revenues 2018
140
Employees 2018

KEY FACTS AT A GLANCE

  • One of the few full-service providers of components for the construction of cable and fibre-optic Networks
  • Expansion through company acquisitions; market growth and broader range of services promise opportunities
  • Successful arrangement on succession within a family business

BTV MULTIMEDIA GMBH

Investment by
DBAG ECF SECOND NEW
VINTAGE

€17.0MN

DBAG'S INTEREST

€7.0MN

MANAGEMENT BUYOUT
Shareholders:
DBAG ECF SECOND NEW
VINTAGE

82.6%

EQUITY SHARE BELONGING TO DBAG

34.2%

other shareholders

17.4%

First invested

AUGUST 2018

REVENUES in €mn

 

26

 

2016

 

30

 

2017

 

48

 

2018

As of 30 June 2019

>20

PERCENT

organic growth since 2015

BTV 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 wurde 1986 in Hannover gegründet. Dort sind rund 40 Mitarbeiter be-schäftigt, unter anderem in einer Forschungs- und Entwicklungsabteilung: das Unternehmen entwickelt und testet Produkte in enger Kooperation mit seinen Kunden. Weitere Service- und Vertriebsstandorte gibt es in Hamburg und Wismar, zudem werden in den Niederlanden und in Taiwan Niederlassungen unterhalten.

BTV is a group of retail and service companies that develop, produce and sell components for the construction of cable and fibre-optic networks. It is one of the few full-service providers on the market: BTV provides everything needed to set up, upgrade and operate such infrastructure. This includes antenna sockets, which are individually developed and produced. The group provides a large range of these and other components, which are used by network operators and service companies.

BTV was established in 1986 in Hanover, Germany, employing around 40 workers, including in a research and development department: the company develops and tests products in close cooperation with its customers. BTV has further sales and support operations in Hamburg and Wismar, and also maintains offices in the Netherlands and Taiwan.

POTENTIAL FOR DEVELOPMENT

With the help of company acquisitions, BTV shall broaden its product portfolio and extend its geographical market coverage.

FINANCIAL YEAR 2018

BTV benefits from the ongoing expansion of the broadband network and expects a significant increase in revenues in 2018 compared to the previous year. Even though new projects created start-up costs, earnings are expected to be on par with the previous year.

OUTLOOK AND OBJECTIVES

BTV will press ahead with the strategic and operational measures agreed at the start of the investment in the coming months. These include the expansion of the range of products and the search for potential takeover targets. In the 2019 financial year, BTV aims to further increase its revenues and earnings in a consistently positive market environment.

Responsible team member

Ragnar Geerdts
Ragnar Geerdts

Managing Director

Ragnar Geerdts
Name:
Ragnar Geerdts
Telephone:
+49 69 95787-172
E-Mail:

Ragnar Geerdts

Managing Director

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

He has over ten years of experience in private equity and mergers and acquisitions. Ragnar Geerdts has extensive knowledge of the automotive supplier and telecommunications industries and in mechanical and plant engineering. He was involved in numerous investments and disinvestments, including DNS:NET, Frimo, Formel D, inexio, mageba, Oechsler and Unser Heimatbäcker. Ragnar Geerdts also led the investment process in vitronet, netzkontor nord, von Poll Immobilien, BTV Multimedia and FLS and sits on the advisory councils of these companies. Before joining Deutsche Beteiligungs AG he worked in the area of M&A at Bayer AG and at Deutsche Post AG.

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

Current portfolio companies

Netzkontor Nord GmbH

Former portfolio companies

Ragnar Geerdts

Managing Director

+49 69 95787-172
ragnar.geerdts(at)dbag.de