• Pava Partners ranked top in the prestigious Mergermarket M&A Sell-Side Advisory League Table among all investment banks active in the German market in the past quarter

• With six successfully closed transactions in Q3 2022 with companies in Germany, the investment banking advisory firm again demonstrates its strong focus on growth and technology companies in the midmarket segment
• Business was also very successful in the Debt Advisory segment, with nine deals in the first nine months.

The past quarter was extremely successful for Pava Partners in Germany. With a total of six successful deals, Pava Partners reached the top position for deals closed under sell-side advisory with German targets among all competitors in the regular evaluation of Mergermarket the leading provider of M&A data. In addition to these six transactions, Pava Partners also advised on one other transaction in the third quarter that was not included in the ranking.

Transactions with pioneers and leading providers

One of the transactions was the sale of calimoto (Germany) to Russmedia Equity Partners (Liechtenstein). With four million users in 154 countries, calimoto is the leading global biker app with a unique curve algorithm and a must-have for all motorcycle enthusiasts.

Pava Partners also assisted in the sale of Pinion (Germany) to BRP (Canada). Pinion is a specialist in innovative bicycle transmissions that replace the classic and high-maintenance gear shift, which is becoming increasingly important for e-bikes in particular. The company says of itself that it offers a “bicycle gear with the heart of a sports car”. Pinion fits perfectly into the portfolio of the publicly traded Canadian BRP Group, the world leader in jet skis and skidoos, which also owns Rotax, a leading manufacturer of drive systems for boats and powersports vehicles.

In Health Care, the sale of Locum Doctors (Germany) to House of HR (Belgium) was successful. Locum Doctors is a leading agency in Germany for the placement of doctors. The buyer, House of HR, in turn, is a leading provider of HR solutions in key European markets.

Pava Partners also achieved a successful deal in the TMT/Software sector: Cyren sold its secure e-mail gateway business (Germany) to Content Services Group (Germany), a portfolio company of Elvaston Capital Management. The buyer is thus strengthening its cyber security business area and improving its growth prospects.

In the Industrials sector, Pava Partners advised Triton Partners on the acquisition of the Kälte Eckert Group. This transaction was not included in the ranking because the buyer was advised. Kälte Eckert is a leading provider of customized, environmentally friendly refrigeration and air conditioning systems for businesses and homes, as well as a nationwide technology leader in alternative, ecological refrigerants. Through the purchase, Triton Partners supports the further positive development of the technology leader.

Pava Partners is also very successful in service Debt Advisory in the German-speaking market. In this area, the consultants were able to close nine transactions in the first nine months of the year.