Renzenbrink & Partner has advised IK Partners (IK Small Cap III Fund) on the acquisition of the STEIN HGS Group from the multi-family office Lennertz & Co. and the founder Bodo Stein. Both Lennertz & Co. and Bodo Stein will retain a stake in the group alongside IK Partners in the course of a re-investment. <\/p>\n\n
The STEIN HGS Group is a leading provider in B2B e-commerce for barrier technology, street furniture and construction site and operating supplies. The company was founded in 1999 by Bodo Stein and is based in Seevetal near Hamburg. Since then, STEIN HGS has developed into the leading online retailer in its market segment and serves a wide range of long-standing customers from the private and public sectors. With the support of Lennertz since 2019, the STEIN HGS Group has successfully expanded its offering and increased its presence in its key markets. <\/p>\n\n
Through the new partnership with IK, STEIN HGS intends to further expand its e-commerce offering and increase its product range. The company will continue to be managed by CEO Stephan Otte and his team. <\/p>\n\n
Completion of the transaction is subject to merger control clearance.<\/p>\n\n
Renzenbrink & Partner advises IK Partners on all corporate and tax law aspects of the acquisition and the sellers’ re-investment. The team consists of partners Dr. Dennis Schlottmann<\/a>, Dr. Ulf Renzenbrink<\/a> (both Corporate\/Private Equity), Marc H. Kotyrba<\/a> (Tax) as well as associates Dr. Alexander Haunschild<\/a>, Jonas H. Hamm (both Corporate\/Private Equity) and Dr. Toufic Schilling<\/a> (Tax). <\/p>\n","protected":false},"featured_media":880,"template":"","class_list":["post-883","deals","type-deals","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n