DEEN
Expanding its range of products and services
€11.8mn
Equity investment
€30mn
Revenue 2017
90
Employees 2017

KEY FACTS AT A GLANCE

  • Another management buyout in broadband communication
  • Market growth and broader range of services promise opportunities

BTV MULTIMEDIA GMBH

Investment by
DBAG ECF SECOND NEW
VINTAGE

€11.8MN

DBAG'S INTEREST

€4.8MN

MANAGEMENT BUYOUT
Shareholders:
DBAG ECF SECOND NEW
VINTAGE

100.0%

EQUITY SHARE BELONGING TO DBAG

41.0%

First invested

AUGUST 2018

REVENUES in €mn

 

18

 

2015

 

26

 

2016

 

30

 

2017

As of 30 September 2018

27

PERCENT

Strong organic growth since 2015

BTV is the fifth broadband communication company that DBAG has invested in since 2013. Added to this are the seven company acquisitions by these investees. The market in which these companies operate is driven by rising demand for faster internet connections from customers, which requires existing networks to be upgraded or rebuilt

RAGNAR GEERDTS
Managing Director

PROFILE

BTV is a group of retail and service companies that develop, produce and sell components for the construction of cable and fibre-optic networks. The group is one of a small number of full-service providers in 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 required by network operators and service companies. Its product business is complemented and supported by a growing service business: certain components in cable networks are becoming more and more com-plex and require technical support as they are planned, sold, configured and installed.

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

POTENTIAL FOR DEVELOPMENT

In addition to growing organically, BTV aims to further develop as a company by expanding its range of products and services through further company acquisitions.

 

 

 

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 studied business administration at the University of Berlin and Chinese at the Beijing Foreign Studies University.

Ragnar Geerdts

Managing Director

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