Corporate | 1 December 2017 08:00


AURELIUS wins ‘Private Equity Turnaround of the Year’ award for successful exit from Getronics

DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Miscellaneous

01.12.2017 / 08:00
The issuer is solely responsible for the content of this announcement.


AURELIUS wins “Private Equity Turnaround of the Year” award for successful exit from Getronics

– Recognition by prestigious Institute for Turnaround (IFT) for the Group’s most successful exit to date

– Jury impressed by the strategic realignment and substantial growth of Getronics under the AURELIUS umbrella

Munich/London, December 1, 2017 – AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8) is the winner of this year’s award for Private Equity Turnaround of the Year. AURELIUS received the prestigious award from the Institute for Turnaround (IFT, www.the-ift.com) in London for its extremely successful sale of Group subsidiary Getronics. In early July 2017 AURELIUS divested Getronics to strategic Investor Bottega InvestCo S.à r.l. for EUR 220 million. The transaction was AURELIUS’ largest exit to date, and brought AURELIUS a cash multiple of 18.5 x on the capital invested.

Dr. Dirk Markus, CEO and Chairman of the Executive Board of AURELIUS Equity Opportunities: “We are delighted to receive the award. The positive development of the Getronics group under the AURELIUS umbrella shows very clearly how the focused deployment of our operative Task Force combined with a sustained expansion strategy can turn what were once neglected carve-outs into profitable, independent companies. The Getronics sale was just one of several successful exits this year.”

Strategic realignment and higher growth of Getronics under the AURELIUS umbrella

AURELIUS acquired ICT service provider Getronics in May 2012 from KPN in the Netherlands, and since that time has positioned it as a dependable information and communications technology partner for medium to large companies, combining local accessibility with global reach. The service portfolio was tightened and focused on high-margin products with future potential. Getronics’ global presence received a noticeable boost by the reconfiguration of the Global Workspace Alliance (GWA) together with US partner company CompuCom. Service offerings standardized across all Alliance members brought a lasting increase in profitability, as well as new growth opportunities. Five strategic add-on acquisitions during its time with AURELIUS allowed the Getronics Group to expand geographically as well as in its service portfolio. While an AURELIUS Group portfolio company, the staff count of the Getronics Group grew by over 20 percent.

ABOUT AURELIUS
AURELIUS Group is a pan-European asset manager with offices in Munich, London, Stockholm and Madrid. Over the last ten years AURELIUS has grown from a local turnaround investor to an international multi-asset manager investing in a wide range of sectors and across the capital structure.

AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, Ticker Symbol: AR4) represents the listed entity within the AURELIUS Group that focusses on investing in Special Situations and MidMarket transaction opportunities. AURELIUS Equity Opportunities currently has 21 portfolio companies located across Europe which employ around 20,500 people and generate annual revenues of more than EUR 3.5 billion. The shares of AURELIUS Equity Opportunities are traded on all German stock exchanges with a market capitalization of c. EUR 1.5 billion as of November 2017.

With its group charity AURELIUS Refugee Initiative, AURELIUS provides comprehensive support for refugees on their way towards a better life.

To find out more, visit www.aureliusinvest.com

CONTACT
AURELIUS Group
Anke Banaschewski
Investor Relations & Corporate Communications
Phone: +49 (89) 544799-0
Fax: +49 (89) 544799-55
E-Mail: investor@aureliusinvest.de



01.12.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: AURELIUS Equity Opportunities SE & Co. KGaA
Ludwig-Ganghofer-Straße 6
82031 Grünwald
Germany
Phone: +49 (0)89 544 799-0
Fax: +49 (0)89 544 799-55
E-mail: info@aureliusinvest.de
Internet: www.aureliusinvest.de
ISIN: DE000A0JK2A8
WKN: A0JK2A
Listed: Regulated Unofficial Market in Berlin, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange

End of News DGAP News Service

show this