DEUTSCHE GIGA ACCESS GMBH
KEY FACTS AT A GLANCE
DEUTSCHE GIGA ACCESS GMBH
REVENUES in €mn
As of 30 September 2020
increase of accessible households by 2021
Germany is lagging significantly behind as regards the expansion of FTTH networks. By investing in DGA, we aim to participate in what we see as an inevitable catching-up process and the associated attractive growth rates.
Deutsche Giga Access GmbH (DGA) is a regional internet service provider bringing fast internet with fibre-optic links and broadband wireless access even into remote rural regions which have been under-supplied. To date, DGA’s development area is limited to the region northeast of Hanover, where the company provides fast internet access to approximately 6,000 households and companies. By 2021, DGA aims to increase the number of accessible households by approximately 40 per cent (from 20,000 today), mainly by investing in the expansion of the company’s own fibre-optic network.
The company was founded in 2010 and employs 30 staff members for project and network planning, as well as for the sale and provision of services.
POTENTIAL FOR DEVELOPMENT
Organic growth is only one part of the plan, since the provider also aims to play a role in the consolidation of Germany’s highly fragmented market for internet service providers – and to become a significant player on that market by acquiring other regional providers. DGA has a strong market position in the region it operates in and offers many opportunities for further growth. The focus lies on expanding internet access via FTTH (fibre to the home, i.e. fibre optics directly to individual buildings).
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.