S&B Strategy advises HomeServe Germany on the acquisition of Gühring Heiz- und Sanitaertechnik

Our team advised HomeServe Deutschland, a portfolio company of Brookfield Infrastructure Partners, on the acquisition of Gühring GmbH & Co. KG on the acquisition. The transaction was signed in January 2024.

HomeServe is one of the leading HVAC trade groups with a focus on private end customers and residential construction. With a presence in eight countries and a total of around 9,000 employees, HomeServe focuses on actively strengthening trade companies in the respective regions by bundling central functions. This allows the companies to concentrate on providing advice, installation and service in the HVAC and electrical trades. With this acquisition, HomeServe will further strengthen its presence in the greater Stuttgart area.

Gühring Heiz- und Sanitärtechnik is an established HVAC company in the greater Stuttgart area with a focus on private end customers. The second-generation family-run business with a long tradition and excellent reputation in the HVAC industry is known in the Stuttgart area for its high-quality products and first-class services. With the resources of HomeServe, Gühring will be able to offer innovative solutions and services that meet the changing needs of customers and pursue a long-term growth trajectory with existing management.

Our team comprehensively supported HomeServe as lead M&A advisor during the entire acquisition process up to the successful signing as well as with an operational due diligence.

Quick Facts

Date

  • January 2024

HomeServe

  • Leading HVAC trade group with a
    focus on the private end customer
  • Active worldwide with approx. 9,000 employees in eight countries
  • Headquarters of the German company in Frankfurt am Main

Gühring

  • Leading SHK company in the greater Stuttgart area
  • 35 employees
  • Focus on installation and maintenance
    of sanitary, heating, air conditioning and
    PV systems for private end customers

Deal Value

  • Undisclosed

Services

  • M&A Lead Advisory
  • Operational Due Diligence

Team

  • Patrick Seidler, Managing Partner
  • Maximilian Maurer, Senior Manager
  • Thomas Kasper,
    Senior Associate
  • Daniel Meixner, Senior Associate

Your contact person

Patrick Seidler
Patrick SeidlerManaging Partner

Patrick is a founding partner of S&B Strategy GmbH and is responsible for the M&A division.

With over 12 years of experience as a managing director, consultant and manager focussing on corporate and investor acquisitions, he is a proven expert in M&A – both for buy- and sell-side mandates. Patrick gained extensive experience in the deals division of PwC, on the management board of Hubert Burda Media and in the context of M&A and strategy projects for national and international clients in Europe and Asia. Patrick completed his Master’s degree in Business Administration at the Amsterdam Business School.