Noerr advises DBAG portfolio company SERO on takeover of EPSa Group

A Noerr team led by Julian Lemor and Dominik Rompza has advised the SERO EMS Group on its takeover of the EPSa Group. SERO EMS is a service provider in the field of Electronic Manufacturing Services (EMS) and a portfolio company of private equity firm Deutsche Beteiligungs AG (DBAG).

DBAG, which is listed on the SDAX, has held a majority stake in the SERO EMS Group through its private equity fund DBAG Fund III since 2018. SERO specialises in the co-engineering, assembly, calibration and testing of electronic components for industrial, medical and automotive applications. The SERO Group has more than 750 employees across Germany, Slovakia and the USA. The acquisition strengthens SERO’s development competencies and expands its expertise in software and hardware development and other areas.

As part of the completed transaction, SERO has acquired EPSa-Elektronik & Präzisionsbau Saalfeld GmbH, which has factories in Saalfeld and Jena, as well as EPSa Děčín s.r.o., whose registered office is located in Děčín, Czech Republic.

Advisors to SERO EMS Group: Noerr

Lead: Julian Lemor (partner, Frankfurt), Dominik Rompza (partner, Berlin, both Private Equity/M&A)

Private Equity/M&A: Mirjam Meyer (senior associate), Michael Döppner (associate, both Frankfurt)

Employment & Pensions: Tillmann Hecht (partner), Johannes Allmendinger (associated partner), Daniela Reinhardt (associate), Philipp Zinndorf (associate, all Frankfurt)

Real Estate Investment: Alexander Jänecke (partner), Hendrik Westendorf (associate, both Frankfurt)

Intellectual Property: Katja Steinthaler (senior associate, Munich)

Tax: Andre Happel (partner), Thomas Renner (senior associate, both Frankfurt), Marius Siemen (senior associate, Munich)

Commercial: Laura Baier (senior associate), Lukas Schu (senior associate, both Frankfurt)

Data, Tech & Telecoms: Julian Cornelius Monschke (associated partner, Frankfurt), Mirjam Lück (senior associate, Munich)

Local counsel: Kinstellar (Prague):

Matej Bolek, Andrea Drozdikova, Lenka Hellingerová, Pavel Hrdý, Richard Otevrel