Lafayette Mittelstand Capital has take a 51 per cent stake in the newly formed Acquisition Company REAL General Contracting Holding GmbH jointly with the future CEO, Michael Betz who holds 49 per cent of the shares. REAL General Contracting GmbH Holding is the Acquisition Company that acquired all assets via an Asset Deal from insolvent REAL Innenausbau AG, a leading Interior Office and Shop Designer, from Insolvency Administrator Marcus Winkler with effective date as of July 1st, 2020. REAL’s design and production Team with approx. 80 FTE is based in Külsheim, Bavaria and services renowned blue-chip customers across a wide range of industries such as Food (McDonalds, Burger King, et al), Hospitality (ACCOR Group, MotelOne, B&B), Technology & Industry (Amazon, VW Group et al), Financial Service Industry (Postbank, Commerzbank, Deutsche Bank, et al), Retail and Retail Real Estate (Douglas, ECE Group, et al)
Based on Lafayette’s experience in acquiring inherently attractive companies out of insolvencies Michael Betz and Lafayette Mittelstand Capital crafted a turnaround and growth plan, which aims to build on REAL’s design and project management capabilities to continue to serve its valued customer base. The seller Mr Marcus Winkler says: “We are delighted to have found a strong buyer consortium with Mr Michael Betz as the past and future CEO as well as ‘Mittelstand’ focused investor Lafayette Mittelstand Capital Fund II SCS, who are going to lead REAL into the future”.
Betz adds: “We want to use this unique opportunity of a new start to build future growth on a proven and solid business model. REAL’s market position, reputation with its customers and power to innovate as well as its highly motivated and skilled team are key drivers for the future success of the new REAL Group.”
