Avemio AG Strengthens Buy-and-Build Strategy through Acquisition

Frankfurt/Main, 26 July 2024 – Avemio AG has announced its acquisition of the LEA Group, a consulting house specializing in Corporate Finance, through its subsidiary Teltec AG. The purchase price is in the mid-single-digit million Euro range and will be financed mainly through the assumption of liabilities and a vendor loan. This move aims to bolster Avemio's buy-and-build strategy by improving implementation and financing capabilities.

The LEA Group brings expertise in a wide range of financing products with a focus on acquisition and growth financing. Managing Director Andreas Fischer will continue to lead the LEA Group, which also collaborates with pension funds and insurance companies. This acquisition is expected to increase Avemio Group’s consolidated equity by roughly EUR 8.0 million, including a further silent participation of EUR 5.0 million from Beteiligungsgesellschaft Hessen mbH (BMH).

Closing of the transaction is expected by 31 August 2024. Orbiton Holding GmbH retains a put option to sell the remaining 20% stake in L.E.A. Investment GmbH to Teltec AG until 31 July 2029.