S&B Strategy advises HomeServe Germany on the acquisition of the Sturm Group (Sturm Sanitär- und Heizungstechnik GmbH, Sturm Neue Energie GmbH and Schulz GmbH)
Our team advised HomeServe Germany, a subsidiary of the international HomeServe PLC, on the acquisition of the Sturm Group. The transaction was signed in November 2022.
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 to the greater Stuttgart area.
The Sturm Group is a renowned provider of sanitary, heating and air conditioning and photovoltaic services for private end customers and residential construction. The company has built up an excellent reputation for expertise and quality. The takeover secures Sturm’s succession in the long term and at the same time lays the foundation for expansion in the greater Stuttgart area.
Our team supported HomeServe comprehensively as lead M&A advisor throughout the entire acquisition process up to the successful signing as well as with an operational due diligence.
Quick Facts
Date
- November 2022
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
Sturm Group
- Leading HVAC company in the greater Stuttgart area
- More than 70 employees
- Focus on installation and maintenance
of sanitary, heating, air conditioning and PV systems for private end customers and residential construction
Deal Value
- Undisclosed
Service
- M&A Lead Advisory
- Operational Due Diligence
Team
- Patrick Seidler, Managing Partner
- Maximilian Maurer, Senior Manager
- Thomas Kasper, Senior 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.’