The existing management of Soventix acquires Soventix , the Germany-based developer and owner of PV plants, from VM Capital, a Germany-based private equity firm by way of a management buyout (MBO).
About the Target – Soventix
Soventix GmbH (“Soventix”) is a German company that develops, plans, constructs and manages PV plants in Europe, Latin America, Africa, and North America with a current project pipeline of 1.3 GW. By collaborating with premium PV manufacturers, Soventix can implement high-performance PV plants.
About the Seller – VM Capital
Within the framework of its asset management activities, VM Capital Advisors GmbH (“VM Capital”) acts as an entrepreneurial and medium-sized investor with a focus on growth-intensive companies with particular value-creation potential. VM Capital also invests in attractive real estate and renewable energy infrastructure projects.