Investment company EMERAM: Portfolio company Officium continues its consolidation course in the market for submetering services with further acquisition

- Acquisition of Wärme-Mess-Service GmbH in Lower Saxony completed
- Fourth purchase in the current year
- Further takeovers planned as part of the buy & build strategy

Munich, 23 December 2021: Officium GmbH, a portfolio company of the investment company EMERAM, has completed the acquisition of Wärme-Mess-Service GmbH in Salzgitter, and continues its consolidation strategy. Officium is a leading independent submetering and energy services provider for the metering and billing of water and heat in the housing industry and acts as a parent company for several regional companies. Officium has already acquired three providers in recent months.

The now completed acquisition of Wärme-Mess-Service GmbH as part of a succession plan strengthens Officium's market position in Lower Saxony. Members of the existing management of Wärme-Mess-Service GmbH, founded in 2000, will accompany the further development. Officium is currently primarily operating in Berlin, Brandenburg, North Rhine-Westphalia (e.g. Düsseldorf and Duisburg), Mecklenburg-Western Pomerania, Saxony-Anhalt (Dessau-Roßlau), Saxony (Dresden and Chemnitz) and Lower Franconia.

Markus Gyssler, Partner at EMERAM Capital Partners, says: "Officium is pursuing its consolidation strategy rapidly. With its fourth acquisition this year, the company is now also tapping into the Lower Saxony market. New digital services and further acquisitions will strengthen the company's position in the future. EMERAM Capital Partners supports Officium's growth path as a business development partner."

Stephan Kiermeyer, Managing Director of Officium GmbH, explains: "The market for submetering and energy services remains in transition due to changing framework conditions. We still see considerable growth potential. Thanks to EMERAM's support, we are able to push our buy & build strategy continuously and successfully complete 2021 with our fourth acquisition."

Axel Reinecke, Managing Director at Wärme-Mess-Service GmbH, comments: "Officium is a strong partner in our segment, has sound expertise and knows the regional markets very well. We are pleased that this transaction could be closed quickly. Our employees and customers will benefit considerably from the cooperation with Officium."

The parties have agreed not to disclose the purchase price. Officium was advised by Noerr (Legal).
 

ABOUT OFFICIUM

Officium GmbH is one of the leading independent submetering and energy service providers for consumption-based metering and billing of water and heat for the housing industry. The company was founded as a platform investment by funds advised by EMERAM in 2020. As a parent company, Officium manages the companies Tenié und Gores GmbH, Systeme & Service Abrechnungsgesellschaft mbH, Delta-t Messdienst Fischer und Nagel GmbH, and the Exakta Wärme- und Wasserzähler Service GmbH. Officium is primarily present in Berlin, Brandenburg, North Rhine-Westphalia (for example Düsseldorf and Duisburg), Mecklenburg-Western Pomerania, Saxony-Anhalt (Dessau-Roßlau), Saxony (Dresden and Chemnitz), and Lower Franconia. Customers are primarily small and medium-sized property management companies and private landlords.
 

ABOUT EMERAM CAPITAL PARTNERS - www.emeram.com

EMERAM is one of the leading investment managers of medium-sized companies in the German-speaking region. Funds advised by EMERAM currently provide over 400 million euros of capital for the development of companies. The portfolio includes companies from the Technology/Software, Value-added Services and New Consumer Staples sectors.

EMERAM acts as a long-term business development partner for its companies and supports the sustainable growth (organic and inorganic) of its portfolio companies. Currently, the portfolio contains six platform investments, which have generated continuously double-digit organic sales growth rates. This is in addition to the significant in-organic and international expansion generated by the over 20 add on acquisitions that EMERAM has carried out.
 

Media contact EMERAM Capital Partners:

WMP EuroCom AG
Christian Dose: Tel.: +49 (0)69 2475 689 491 | Email: emeram@wmp-ag.de
Susanne Horstmann: Tel.: +49 (0)160 9988 0099 | Email: emeram@wmp-ag.de
 

EMERAM Capital Partners | Mühlbaurstraße 1 | 81677 München | Germany | www.emeram.com