Press & news

April 1st 2022 - Press Release

Investment company EMERAM: Portfolio company Officium with further acquisition in the market for submetering services

•    Acquisition of delta-t Messdienst & Consulting GmbH & Co. KG completed
•    Expansion into Thuringia
•    Consolidation strategy will be continued also after the seventh takeover

Munich, 1 April 2022: Officium GmbH, a portfolio company of the investment company EMERAM, continues its growth course and has successfully completed the acquisition of delta-t Messdienst & Consulting GmbH & Co. KG in Rudolstadt, Thuringia. Officium is one of Germany's leading independent submetering and energy services providers for the metering and billing of water and heat for the housing industry. As parent for several regional companies, Officium is implementing a consolidation strategy and has acquired four submetering services providers in 2021, mostly in the course of a succession plan.

With the now completed acquisition of delta-t Messdienst & Consulting GmbH & Co. KG, Officium is expanding into Thuringia. The members of the existing management team will accompany the company’s further development. Officium has so far been mainly represented in Berlin, Brandenburg, Lower Saxony, North Rhine-Westphalia, Mecklenburg-Western Pomerania, Saxony-Anhalt, Saxony and Bavaria (Lower Franconia).

Markus Gyssler, Partner at EMERAM Capital Partners, comments: "Within a short period of time, Officium has established itself as a leading independent provider in the market for submetering services. Furthermore, Officium is an attractive platform for entrepreneurs who seek a succession plan for their companies. As Business Development Partner, EMERAM Capital Partners supports this consolidation course."

Stephan Kiermeyer, Managing Director of Officium GmbH, explains: "Our buy-and-build strategy is paying off. With the seventh acquisition, we are once again strengthening our market position and will now also be active in Thuringia. We still see considerable growth potential in the submetering services market - through additional digital offerings and further acquisitions."

Jürgen Walter, Managing Director at delta-t Messdienst & Consulting GmbH & Co. KG, adds: "Our customers and employees will benefit considerably from Officium's comprehensive know-how and awareness for regional offerings, as well as the continued local proximity and presence. We are therefore pleased to continue our business within the strong platform of Officium."

The parties have agreed not to disclose the purchase price. Officium was advised by Noerr (Legal) and Alvarez & Marsal (Financial).

 

Portfolio