Expanding its range of products and services
€17.0mn
Equity investment
€68mn
Revenues 2019 (exp.)
140
Employees 2019

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
  • Expansion through company acquisitions; market growth and broader range of services promise opportunities

BTV MULTIMEDIA GMBH

Investment by
DBAG ECF II

€17.0MN

DBAG'S INTEREST

€7.0MN

MANAGEMENT BUYOUT
Shareholders:
DBAG ECF II

77.8%

EQUITY SHARE BELONGING TO DBAG

32.2%

other shareholders

22.2%

First invested

AUGUST 2018

REVENUES in €mn

 

30

 

2017

 

48

 

2018

 

68

 

2019 (exp.)

As of 31 December 2019

38

PER CENT

organic growth since 2016

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 GmbH (BTV Multimedia) is part of 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 Multimedia 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 Group was established in 1986 in Hanover, Germany. Besides its headquarter and further sales and support sites in Germany, BTV Multimedia also maintains offices in the Netherlands and Taiwan.

POTENTIAL FOR DEVELOPMENT

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

FINANCIAL YEAR 2019

BTV Multimedia benefits from the ongoing expansion of the broadband network and expects a significant increase in revenues in 2019 compared to the previous record year. The company’s growth was pushed further by the closing of two add-on acquisitions: the acquisition of Anedis Management GmbH represented a major milestone towards consolidating the German reseller market and DKT A/S will support BTV Multimedia’s international expansion to Denmark.

OUTLOOK AND OBJECTIVES

BTV Multimedia will press ahead with the strategic and operational measures agreed at the start of the investment in the upcoming year. These include the expansion of the range of products and the continued search for potential takeover targets. In 2020, BTV Multimedia 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.

Ragnar Geerdts has over 13 years of experience in private equity and mergers and acquisitions. 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, 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, FLS and DING Group 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

Former portfolio companies

Ragnar Geerdts

Managing Director

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