S&B Strategy advises HomeServe Germany on the acquisition of Scheel Haustechnik
Our team advised HomeServe Deutschland, a portfolio company of Brookfield Infrastructure Partners, on the acquisition of Helmut Scheel GmbH & Co. KG. The transaction was signed in April 2023.
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 consulting, installation and service in the HVAC and electrical trades. With this acquisition, HomeServe is expanding its presence in the greater Hamburg area.
Scheel, an established HVAC company with almost 35 employees, specialises in plumbing, heating, air conditioning and electrical installations as well as maintenance services with a strong focus on end customers. The acquisition of Scheel by HomeServe secures the long-term succession of the company and enables the further expansion of high-quality services in the greater Hamburg area.
Our team supported HomeServe comprehensively 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
- April 2023
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
Scheel Haustechnik
- Leading HVAC company based in Itzehoe
- Almost 35 employees
- Focus on installation and maintenance of plumbing, heating, air conditioning and electrical 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
- Frederike Otto, Associate
Your contact person
Patrick Seidler is an experienced expert in the field of mergers & acquisitions (M&A) with a particular focus on the construction and infrastructure sector. For over 15 years, he has successfully advised companies on complex transactions, from corporate takeovers to strategic mergers. Thanks to his in-depth knowledge of the sector and his structured approach, he has successfully completed numerous national and international M&A projects.
Patrick is a close and trusted advisor to owner families and investors in the construction, construction supply and infrastructure sectors and is a regular author of studies, speaker and panellist at industry events on the topics of M&A and succession.
‘I am driven by constantly experiencing new and impressive life's work from owners and helping to shape professionalisation and consolidation along the entire value chain.’