February 26, 2021
Latham & Watkins LLP advised
Deutsche Infrastruktur und Netzgesellschaft mbH (DING), a company in the
portfolio of the DBAG Expansion Capital Fund (DBAG ECF) advised by Deutsche
Beteiligungs AG (DBAG), on the acquisition of Bergert Group.
Bergert Group manages its subsidiaries
Bergert Hoch und Tiefbau GmbH, BD Koblenzer Tief und Straßenbau GmbH, and BD
Solution Network GmbH successfully and future-oriented on the market due to
many years of experience. With its business areas of civil engineering, sewer
and road construction, cable and telecommunications construction, as well as
fiber optic installation, it offers comprehensive and focused solutions
in the execution of construction projects.
The transaction is another successful
add-on acquisition of Deutsche Infrastruktur und Netzgesellschaft mbH's buy-and-build strategy. Within the strategy, it has already acquired Iska Schön GmbH and IMD Group, STG Braunsberg
Group, and Leinberger Group, among others.
DBAG, a listed company, initiates
closed-end private equity funds and invests alongside DBAG funds in
well-positioned medium-sized companies with development potential. The capital
managed and advised by the DBAG Group amounts to approximately 2.5 billion euros.
Latham regularly advises Deutsche
Infrastruktur und Netzgesellschaft mbH on transactions; including the
previously mentioned acquisitions in the telecommunications infrastructure sector.
The Latham team was led by Munich corporate partner Rainer Traugott and associate Stephan Hufnagel, with associates
Jeremias Bura, Julia Schöfer, Hamburg associates Carolin Roßkothen, Jana Maué,
Düsseldorf associate Jaschar Mirkhani. Advice was also provided on employment
matters by Munich partner Tobias Leder, associate Christian Strauß; on finance
matters by associate Philipp Guggeis; on tax matters by counsel Ulf Kieker; and
on regulatory matters by Frankfurt counsel Joachim Grittmann and associate