Bregal Sells Gabo Systemtechnik to Aptiv
November 20, 2019
Frankfurt — Paul Hastings LLP, a leading global law firm, announced today that it has advised funds managed by Bregal Unternehmerkapital on their sale of gabo Systemtechnik GmbH (gabocom), a leading provider of highly-engineered cable management and protection solutions for the telecommunications industry. The purchaser is Aptiv, headquartered in Dublin, Ireland, a New York stock exchange-listed global technology company that develops safer, greener and more connected solutions enabling the future of mobility. With approximately $100 million in revenue, gabocom further builds upon Aptiv’s cable management portfolio.
Upon completion of the transaction, gabocom will become a part of HellermannTyton, a business unit of Aptiv’s Signal and Power Solutions segment.
The transaction has a volume of approximately $310 million and has already closed.
The Paul Hastings team advising Bregal was led by private equity and M&A partner Christopher Wolff, with PE/M&A partner Christian Mock, finance partner Fritz Kleweta, tax consultant Uwe Halbig, and PE/M&A associates Christian Müller and Jan Hüniken.
Bregal Unternehmerkapital is part of a family business built over generations. The focus is on investments that are open to long-term commitments and independent of developments on the financial markets. Bregal Unternehmerkapital identifies companies that have strong management teams and are regarded as market leaders or "hidden champions" in their respective segments. Thanks to flexible financing and transaction structures, both minority and majority shareholdings are targeted. Bregal Unternehmerkapital is also in a position to design complex industrial spin-offs, management buyouts or succession situations in a sensitive and result-oriented manner. Bregal Unternehmerkapital strives to sustainably support companies in increasing their turnover and profitability and accompanies them with capital, many years of financing expertise and a broad network of entrepreneurs and industry experts.
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.