Led by its Frankfurt-based partner Dr. Christoph Naumann, international law firm Hogan Lovells advised European investment company Naxicap Partners and its portfolio company, the G&D group, on the acquisition of Mainz-based Tritec Electronic AG and Berlin-based LXCO Technologies AG. The transaction was completed in the first week of January. The transaction also involves the participation of the management.

Tritec and LXCO will become part of the G&D group (in future: Panoptec) acquired by Naxicap in 2021, which focuses on the production of high-performance KVM solutions (keyboard, video and mouse) for applications in mission-critical sectors, such as air traffic control.

Tritec was founded in Mainz in 1991 and is a leading provider of Multi Display Manager devices in medical imaging. These devices allow customers to show data from different medical devices, such as during operations, collected on one display with extremely low latencies.

Naxicap is a private equity company operating in all sectors and focusing on leveraged buyouts and growth capital. For more than 30 years, the company has been investing in emerging companies, primarily in France, the DACH region and the Benelux countries. After investments in Lautsprecher Teufel and alwitra, the acquisition of the G&D group, now joined by Tritec and LXCO, was Naxicap’s fourth independent investment in the DACH region on which Dr. Christoph Naumann and his team advised the company.