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Crowe BPG advises Rhein Invest on the acquisition of shares in E+Service+Check GmbH

Advisory

Crowe BPG successfully advised Rhein Invest on the acquisition of a majority stake in E+Service+Check GmbH. Rhein Invest is a German-Dutch investment company with investments in profitable companies in the industrial, software, services, food and agricultural technology sectors.

E+Service+Check GmbH ("ESC") is a leading German electrical testing service provider in the Testing, Inspection, Certification and Compliance ("TICC") market based in Laucha an der Unstrut, Saxony-Anhalt. Founded in 2010, the company supports its broad customer base in ensuring electrical safety and accident prevention in the workplace in accordance with occupational health and safety laws and regulations. ESC carries out its tests in accordance with various standards such as DGUV 3 and the Industrial Safety Ordinance, with a highly trained workforce of more than 330 employees. The company has built up a good reputation as a flexible and reliable partner and at the same time offers the highest quality of service. ESC carries out approximately 6.3 million electrical appliance tests per year.

The Crowe BPG team (crowe-bpg.de), which was responsible for the financial due diligence, consisted of Andreas Hoffmann, WP and Partner (overall management) and Philipp Jans, Associate (financial).

Source: Deal Advisors by Majunke

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