Family shareholders have agreed to sell DRIESCHER to IK Partners
DRIESCHER
DRIESCHER is a leading German manufacturer of high-tech medium and low voltage switches and switchgears. Established over 85 years ago, DRIESCHER plays an important role in advancing the energy transition by improving grid reliability, expanding capacity, supporting the integration of renewable energy and fostering the shift towards broader electrification. Today, the Group has approximately 500 employees, based across four production sites in Germany and the Czech Republic.
The Deal
Family shareholders have agreed to sell DRIESCHER to IK Partners. With the support of IK Partners, DRIESCHER aims to strengthen its core business by engaging both existing and new customers, driving continuous product innovation, expanding operations in Germany and entering into other international markets as well as enhancing aftersales services.
Our Perspective
Dr. Michael Drill, Managing Director and CEO of Lincoln International Germany, commented, “This transaction showcases Lincoln International’s ability to find the right new partner for a family-owned company in a structured sale process, thereby safeguarding the future of a true German hidden champion and its employees.”
Andreas Bienert, Managing Director in Lincoln International’s Industrial Group, added, “As a company supplying products that are critical to the energy transition, DRIESCHER has enjoyed strong investor interest from an international investor base. With IK Partners, the shareholders have selected a strong partner for the company to continue its successful growth story.”
IK Partners
IK is a European private equity firm focused on investments in Benelux, DACH, France, Nordics and the UK. Since 1989, IK has raised more than Euro 17 billion of capital and invested in 195 European companies.
Lincoln provided exceptional guidance throughout the entire transaction process. The team’s ability to communicate DRIESCHER’s potential and to identify the right partner was instrumental in achieving a hugely successful transaction that aligns with our values and long-term vision for the company.
Meet our Senior Team
Building long-term relationships is key for me personally – I want to be the advisor of trust for my clients.
Dr. Michael Drill
Managing Director | Head of Germany
Frankfurt
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