Taurus Advisory advises the investment fund Lenbach Equity Opportunities II GmbH & Co. KG (‘LEO II. Fonds’), exclusively advised by DUBAG Investment Advisory GmbH (‘DUBAG’), on the sale of its investment in ATOZ Facility Solutions GmbH (‘ATOZ’) to HOWOGE Wohnungsbaugesellschaft mbH (‘HOWOGE’).
ATOZ Facility Solutions GmbH is an established player in the field of technical and infrastructural facility management and offers comprehensive services such as cleaning, janitorial services, green space maintenance as well as maintenance and minor repair management.
In the course of the carve-out from the Interzero Group in 2022, ATOZ - under the management of the LEO II. Fund - was positioned on the market as an independent company. The 2022 carve-out was structured by Taurus Advisory exclusively for the seller at the time. Since the takeover, the DUBAG team has actively contributed to the company's continued successful development.
HOWOGE Wohnungsbaugesellschaft mbH is one of the six municipal housing companies in the state of Berlin. With its own housing stock of around 76,400 flats (as at 31 December 2023), the company is one of the largest landlords in Germany. HOWOGE intends to expand its residential portfolio to around 100,000 flats in the medium to long term, particularly through new construction.
‘In HOWOGE, we have found the perfect new owner for ATOZ,’ explains David B. Kauter, Managing Director at Taurus Advisory. ‘The integration of ATOZ fits in perfectly with HOWOGE's own performance strategy.’
"Thanks to the expertise gained from the transaction two years ago, in which we came to appreciate Taurus Advisory as a very professional and capable advisor on the other side, it was the right decision for us to rely on the deal team we already knew. Only 6 months passed from the market approach to the signing, which proves Taurus Advisory's structured and goal-orientated approach at all times."
CHRISTOPH MÖDDER, PARTNER AT DUBAG AND MANAGING DIRECTOR OF LEO II. FUND
