NORD/LB has been actively supporting the “Buy and Build” strategy of Intelligent Repair Solutions Holding since 2014, in both Germany and abroad.
In the course of successful growth the owners of Dent Wizard decided in 2014 to expand the shareholder structure and introduce the next stage of growth in co-operation with an experienced partner, the Swiss investor Ufenau Capital Partners. The funding for this transaction was provided by NORD/LB.
The Smart Intelligent Repair corporate group formed and expanded in the following year is the German market leader in the field of “SMART Repair” services for the automobile sector. With its extensive strategic background, Ufenau Capital Partners is supporting the expansion, whether it be through an extension of the product portfolio, the development of the organisation, or the opening up of new markets.
Early 2016 saw the successful acquisition of two further companies in Germany with proportional financing on the part of NORD/LB, with the Smart Intelligent Repair group subsequently also planning the takeover of the pierre.dk group of Denmark, the leading Scandinavian paint specialists for passenger vehicles. In the process of restructuring the of the overall financing NORD/LB was appointed lead arranger, agent and collateral pool manager, enabling the transaction to be successfully implemented together with a partner bank in a consortium.
The active support of the “Buy and Build” strategy since 2014 has resulted in the acquisition and successful integration of further companies since the purchase of the pierre.dk group. As a result, the Smart Intelligent Repair group now occupies a leading position in key European markets.