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€2.8mn
Equity investment
€58mn
Revenues 2021
814
Employees 2021

KEY FACTS AT A GLANCE

  • Leveraging increasing demand for faster internet connections
  • Regional expansion, extension of the services offered and diversification of the customer base
  • Expertise and capacity expansion through seven company acquisitions to date

NETZKONTOR

Investment by
DBAG ECF I

€2.8MN

DBAG'S INTEREST

€1.2MN

MANAGEMENT BUYOUT
First invested

JANUARY 2018

REVENUES in €mn

 

28

 

2019

 

51

 

2020

 

58

 

2021

As of 31 March 2022

7

add-on acquisitions executed during holing period

We want to support the company in its further development using the expertise that DBAG has gained from its current investments in this sector.

RAGNAR GEERDTS
MANAGING DIRECTOR

PROFILE

The netzkontor group bundles various services for the telecommunications industry under its umbrella. The origin of the group lies in netzkontor nord, founded in 2008, which offers planning and monitoring of the construction of fibre optic networks, and its subsidiary OpenXS, which provides network management services based on long-term contracts with fibre optic network operators. The Group pursues a buy-and-build strategy and, with NKG Fiberservice, was able to expand its service offering into the areas of installation and fault clearance services, particularly at network level 4 (in buildings). In both the planning and installation areas, activities have been strengthened through further acquisitions in recent years.

POTENTIAL FOR DEVELOPMENT

The demand for fast internet connections by private households and companies is increasing and the expansion of broadband in Germany is also picking up speed. Currently, only just over 20 percent of households enjoy a particularly powerful broadband connection via fibre optics, and the active use of fibre optics is even lower, at just under seven percent of all households (as of 2021, source: Federal Network Agency). In neighbouring European countries, both fibre optic expansion and usage are many times higher. In this favourable market environment, the netzkontor Group benefits from its good reputation as a reliable quality provider and from its expertise in project management. Turnover is also expected to grow at a double-digit rate in the coming years. The regional expansion of the company as well as the further strengthening of the installation and fault clearance segment are to be driven forward by company acquisitions.

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 ten 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 in-tech, vitronet, netzkontor, von Poll Immobilien, BTV Multimedia, Solvares, DING 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.

Ragnar Geerdts

Managing Director

+49 69 95787-172