{"id":235271,"date":"2020-09-30T21:59:24","date_gmt":"2020-09-30T19:59:24","guid":{"rendered":"https:\/\/www.hhp-ib.com\/september-2020-northern-access-acquired-by-dbag"},"modified":"2023-06-13T15:58:16","modified_gmt":"2023-06-13T13:58:16","slug":"september-2020-northern-access-acquired-by-dbag","status":"publish","type":"post","link":"https:\/\/www.hhp-ib.com\/en\/september-2020-northern-access-acquired-by-dbag","title":{"rendered":"September 2020, Northern Access acquired by DBAG"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_margin_tablet=&#8221;&#8221; custom_margin_phone=&#8221;&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;0px|||||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_margin_tablet=&#8221;&#8221; custom_margin_phone=&#8221;0px||0px||true|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.hhp-ib.com\/wp-content\/uploads\/2020\/12\/na_news.png&#8221; alt=&#8221;na_news&#8221; title_text=&#8221;na_news&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; width=&#8221;26%&#8221; custom_padding=&#8221;0px||28px||false|false&#8221; custom_padding_tablet=&#8221;||13px||false|false&#8221; custom_padding_phone=&#8221;&#8221; custom_padding_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text module_class=&#8221;head-start&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;27px&#8221; max_width_tablet=&#8221;65%&#8221; max_width_phone=&#8221;75%&#8221; header_2_font_size_tablet=&#8221;22px&#8221; header_2_font_size_phone=&#8221;18px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Transaction summary &amp; highlights<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Funds advised by Deutsche Beteiligungs AG (\u201cDBAG\u201d) have acquired Northern Access GmbH (\u201cNorthern Access\u201d) in a move to develop a new fibre-based internet carrier group in rural areas of Lower Saxony, Germany. Northern Access will form the nucleus of this envisaged group. The sellers of Northern Access will continue to assist the operating team for a transitional period and support the new owner in entering an accelerated growth phase.<\/p>\n<p>HHP provided full sell-side advisory services to the owners of Northern Access in a competitive, two stage auction process and achieved a highly successful outcome for the sellers despite the Covid-19 pandemic starting during the process.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;27px&#8221; max_width_tablet=&#8221;65%&#8221; max_width_phone=&#8221;75%&#8221; hover_enabled=&#8221;0&#8243; header_2_font_size_tablet=&#8221;22px&#8221; header_2_font_size_phone=&#8221;18px&#8221; global_colors_info=&#8221;{}&#8221; module_class=&#8221;head-start&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h2>Background<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong>Northern Access<\/strong><\/p>\n<p>Founded in 2010 and based in Liebenau, Lower Saxony, Germany, Northern Access provides internet and telephone services to c.6,000 B2B and B2C clients in mostly rural areas of Lower Saxony.<\/p>\n<p>Since inception, it very successfully developed a strong fibre footprint in its core region while continuously expanding its reach through significant investments in line with the German government initiative to cover \u201cwhite internet spots\u201d.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Deutsche Beteiligungs AG<\/strong><\/p>\n<p>Die b\u00f6rsennotierte Deutsche Beteiligungs AG initiiert geschlossene Private-Equity-Fonds und investiert an der Seite der DBAG-Fonds in gut positionierte mittelst\u00e4ndische Unternehmen mit Entwicklungspotenzial. Einen Schwerpunkt legt die DBAG auf die Industriesektoren, in denen der deutsche Mittelstand im internationalen Vergleich besonders stark ist. Mit dieser Erfahrung, mit Know-how und Eigenkapital st\u00e4rkt sie die Portfoliounternehmen darin, eine langfristige und wertsteigernde Unternehmensstrategie umzusetzen. Der unternehmerische Investitionsansatz macht die DBAG zu einem begehrten Beteiligungspartner im deutschsprachigen Raum.<\/p>\n<p>&nbsp;<\/p>\n<p>Die Deutsche Beteiligungs AG wurde im Jahr 1965 gegr\u00fcndet und ist seit 1985 b\u00f6rsennotiert. Die Aktien (ISIN: DE000A1TNUT7) sind in verschiedene Indices einbezogen, beispielsweise in den S-Dax, den Stoxx Europe Private Equity 20 Index und den LPX50.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Transaction summary &amp; highlightsFunds advised by Deutsche Beteiligungs AG (\u201cDBAG\u201d) have acquired Northern Access GmbH (\u201cNorthern Access\u201d) in a move to develop a new fibre-based internet carrier group in rural areas of Lower Saxony, Germany. Northern Access will form the nucleus of this envisaged group. The sellers of Northern Access will continue to assist the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-235271","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.hhp-ib.com\/en\/wp-json\/wp\/v2\/posts\/235271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hhp-ib.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hhp-ib.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hhp-ib.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hhp-ib.com\/en\/wp-json\/wp\/v2\/comments?post=235271"}],"version-history":[{"count":8,"href":"https:\/\/www.hhp-ib.com\/en\/wp-json\/wp\/v2\/posts\/235271\/revisions"}],"predecessor-version":[{"id":237915,"href":"https:\/\/www.hhp-ib.com\/en\/wp-json\/wp\/v2\/posts\/235271\/revisions\/237915"}],"wp:attachment":[{"href":"https:\/\/www.hhp-ib.com\/en\/wp-json\/wp\/v2\/media?parent=235271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hhp-ib.com\/en\/wp-json\/wp\/v2\/categories?post=235271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hhp-ib.com\/en\/wp-json\/wp\/v2\/tags?post=235271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}