Brockhaus Technologies AG
- WKN: A2GSU4
- ISIN: DE000A2GSU42
- Land: Deutschland
Nachricht vom 16.06.2021 | 12:44
Brockhaus Capital Management AG: BCM AG signs purchase agreement for a majority acquisition of Bikeleasing Group
DGAP-News: Brockhaus Capital Management AG
/ Key word(s): Takeover/Forecast
Brockhaus Capital Management signs purchase agreement for a majority acquisition of Bikeleasing Group
- Leading digital B2B leasing platform for green assets
- Rapidly growing customer base with currently around 25,000 B2B customers with an underlying workforce of c. 1.2m employees
- BCM raises forecast for fiscal year 2021 significantly
Vellmar / Frankfurt am Main, June 16, 2021. Brockhaus Capital Management AG (BKHT, ISIN: DE000A2GSU42, "BCM"), a long-term oriented technology group acquiring high-margin and high-growth technology champions with B2B business models in the German Mittelstand, has signed the purchase agreement for a majority stake in Bikeleasing-Service GmbH & Co. KG (together with its affiliated companies "BLS") on June 16, 2021. This is BCM's third majority acquisition, following its acquisitions of sensor technology specialist Palas and IT security specialist IHSE.
Established in 2015, BLS (www.bikeleasing.de) is a leading digital B2B leasing platform for green assets. Through its platform, BLS currently enables around 25,000 corporate customers from the German SME sector ("Mittelstand") to offer their underlying workforce of c. 1.2m employees a highly automated, digital arrangement and management of company bike leasing contracts. The concept of company bikes allows employees to obtain bicycles and e-bikes, including insurance coverage, from their employers by way of gross salary conversion and therefore benefit from significant savings. The complete process, from onboarding of the B2B customer, employees ordering the bicycle from the retailer, through to the processing of damage claims is highly automated and carried out via the inhouse digital platform and mobile app.
Cycling is becoming increasingly popular. More and more people are adopting bicycles, and e-bikes in particular, as a means of transport. The COVID-19 pandemic has further fueled this development. Leasing options for company bikes are therefore becoming increasingly attractive for many companies and their employees. The advantages of cycling with regard to climate-neutral mobility have also been recognized by lawmakers which is why regulations regarding the company car ("Dienstwagenprivileg"), have been extended to also include bicycles and e-bikes: the company leases the company bike via BLS and provides it to the employee, who can save up to 40% compared to a cash purchase by way of gross salary conversion, for both business and private use.
As innovation leader in the company bike market, the company has recorded strong and highly profitable growth since its foundation and has continuously increased its market share. As part of the transaction, the current managing shareholders Bastian Krause and Paul Sinizin will retain a significant stake of 40% in BLS and will continue to manage the company in the future. In addition, they will invest at the level of BCM by way of a capital increase through contribution in kind.
Marco Brockhaus, CEO of BCM: "We are very happy that BLS is now becoming part of our group. We will actively support the company in further realizing the strong growth potential that BLS has to offer in the coming years. Beyond the company bike, the existing digital platform and broad customer base can be expanded to include other leasing objects, paving the way to evolve into a fully comprehensive social benefits platform".
The purchase price attributable to BCM is to be in part financed through a capital increase with shareholders' subscription rights, which is expected to take place in the second half of the year.
As a result of the acquisition, BCM AG is raising its forecast significantly and now expects for fiscal year 2021 pro forma revenue of between € 120m and € 130m and an adjusted EBITDA (pro forma) of approx. € 34m (adjusted EBITDA margin between 26% and 28% pro forma). The forecast performance indicators are pro forma values. This means that earnings of the Group are presented as if the acquisition had already taken place on January 1, 2021. The forecast is subject to the yet to be finalized reconciliation to IFRS: BLS reports in accordance German GAAP (HGB).
The transaction was accompanied by Dr. Ulrich Byszio as facilitator.
About Brockhaus Capital Management
Brockhaus Capital Management AG (BKHT, ISIN: DE000A2GSU42, "BCM"), based in Frankfurt/Main, is a technology group acquiring high-margin and high-growth technology champions with B2B business models in the German Mittelstand. With a unique platform approach and a long-term horizon, BCM actively and strategically supports its subsidiaries in achieving long-term profitable growth beyond industry and country boundaries. At the same time, BCM offers a gateway into these non-listed German technology champions, which are otherwise inaccessible to capital market investors.
Bikeleasing-Service GmbH & Co. KG (together with its affiliated companies "BLS"; www.bikeleasing.de) is a leading digital B2B leasing platform for green assets. The BLS platform currently enables around 25,000 corporate customers from the German SME sector ("Mittelstand") to offer their underlying workforce of c. 1.2m employees a highly automated, digital arrangement and management of company bike leasing contracts. BLS was founded in 2015 and employs around 130 people at its sites in Vellmar, Uslar, Freiburg and Innsbruck.
Brockhaus Capital Management
|Company:||Brockhaus Capital Management AG|
|60313 Frankfurt am Main|
|Phone:||+49 (0)69 2043 409 0|
|Fax:||+49 (0)69 2043 409 71|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1208718|
|End of News||DGAP News Service|
Brockhaus Technologies AG: Brockhaus Technolog ...
Brockhaus Capital Management AG: BCM has a ne ...
Brockhaus Capital Management AG: BCM revenue ...
Brockhaus Capital Management AG: Significant i ...
Brockhaus Capital Management AG: Preliminary a ...
IPO im Fokus
MIT SICHERHEIT AUFS PARKETT.
UNSER BÖRSENGANG ZUR
Grundkapital (vor IPO): 3.120.000 EUR
Angebotene Aktien: bis zu 690.000 Aktien
Zeichnungsfrist: 11.10.2021 bis voraus. 25.10.2021
Bookbuildingspanne: 3,30 bis 3,60 Euro
Börse: Börse Düsseldorf
Rechtlich maßgeblicher Wertpapierprospekt auf sdm-se.de
Event im Fokus
10. Juni 2021:Fachkonferenz Immobilien
14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure
13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie
10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix
„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“
GBC im Fokus
Börsengang sdm SE: Attraktives Investment
Der Sicherheitsdienstleister sdm SE führt derzeit einen Börsengang am Primärmarkt der Börse Düsseldorf durch. Die Mittel des Börsengangs sollen die Wachstumsstrategie finanzieren und die Ertragskraft deutlich steigern. Im Rahmen unseres DCF-Bewertungsmodells haben wir einen fairen Unternehmenswert (Post Money) zum Ende des Geschäftsjahres 2022 in Höhe von 15,23 Mio. € bzw. 4,09 € je sdm-Aktie ermittelt. Unter einem Preis von 3,50 € pro Aktie sehen wir sdm als ein attraktives Investment und stufen die Aktie mit dem Rating „Kaufen“ ein.
Der AKTIONÄR News
20. Oktober 06:47 JinkoSolar: Noch viele offene Fragen
20. Oktober 06:40 Impfstoff-Hoffnung Novavax bricht ein – was ist da los?
20. Oktober 06:33 Amazon: So attackiert der Tech-Gigant jetzt Spotify und Apple
20. Oktober 06:26 Commerzbank im Aufwind: Kursziel steigt
20. Oktober 06:00 Machen Sie diese Erfolgsstory zu Ihrer eigenen
News im Fokus
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Trotz hoher Schäden erzielt Munich Re in Q3 ein Ergebnis von rund 0,4 Mrd. € und bestätigt die Jahresprognose für 2021
19. Oktober 2021, 13:43
Original-Research: MOBOTIX AG (von Montega AG): Halten
18. Oktober 2021