Baker McKenzie Advises Oldenburgische Landesbank Aktiengesellschaft on the Financing of the Acquisition of Kramer Group by Capmont

Baker McKenzie advised Oldenburgische Landesbank Aktiengesellschaft on the financing of the acquisition of Kramer Group by private equity investor Capmont. The Group includes Kramer GmbH, RTS-GmbH Gebäudedienstleistungen and Gebäudereinigung Naheland GmbH. Oldenburgische Landesbank Aktiengesellschaft acts as exclusive Mandated Lead Arranger and original lender.

The financing serves to partially fund the purchase price. The transaction has already closed. Capmont’s investment provides a succession solution for founder Ralf Kramer, who will continue to lead the Group together with Co-CEO Rüdiger Holzäpfel. Together with Capmont, Kramer will pursue its organic growth, acquire complementary businesses and expand its service offering and regional presence.

Headquartered in Heilbronn, Kramer Group is a provider of commercial cleaning and facility management services in Southern Germany. It employs approximately 2,400 people at six locations in Baden-Württemberg, Rhineland-Palatinate and Bavaria. Its core business is contracted, recurring maintenance cleaning for commercial clients, public-sector organisations and healthcare facilities. The Group also offers specialist cleaning and selected technical building management services.

Capmont is an entrepreneurial private capital investment manager with offices in Freienbach, SZ (Zurich), Munich, Warsaw, Milan and Luxembourg. Capmont pursues two investment strategies, Private Equity and Technology, and has a portfolio of more than 40 companies. Under its Private Equity strategy, Capmont invests primarily in small and mid-sized companies in Europe, with a focus on the DACH region and adjacent markets. As an active investor, Capmont supports its portfolio companies not only with capital but also with operational and strategic expertise by its dedicated in-house value creation team to enable profitable and sustainable growth.

This financing continues Baker McKenzie’s successful collaboration with Oldenburgische Landesbank Aktiengesellschaft, which the firm has recently advised on the financing of the acquisitions of TOP-SPORT by VR Equitypartner and NRW.Bank, DEKOM Group by VR Equitypartner and SüdBG, and Adlicious Group by Fields.