Finatem has sold J&S Automotive Technology to Brockhaus Private Equity

Finatem Beteiligungsgesellschaft (“Finatem“), an independent private equity investor focused on investments in “Mittelstand” companies and NJ Management GmbH (“Management“), a holding company for the management stake, have sold their shares in J&S Automotive Technology GmbH (“J&S“ or the “Company”) and its subsidiaries to the private equity investor Brockhaus Private Equity (“Brockhaus“).

J&S is a full-service supplier of safety systems as well as thermal and acoustic shields for the automotive industry. The company is a market leader in restraint safety parts which have an outstanding sliding performance and thermal resistance. In addition, the company produces complementary and highly innovative seat belt height adjusters offering an increased comfort level over competitive solutions by being indefinitely adjustable. In its thermal and acoustic shields business, J&S manufactures on highly efficient and fully automated machinery, allowing an unrivaled product quality and performance. In addition, the product portfolio contains complex, lightweight structural components mainly from aluminum.

The Company currently employs approximately 400 people at two manufacturing sites in Germany and a sales office in the U.S. J&S has a balanced client base, characterized by long-standing relationships to European premium OEMs. Furthermore, the company has proven to tap new business from emerging Asian OEMs in recent years. In 2014, J&S expects to generate sales of Euro 45 million at attractive margins.

Since the acquisition, Finatem continuously supported J&S in growing the business through investments in the automation level of the machinery as well as the diversification of the product portfolio and customer base. With its new investor Brockhaus, the company intends to scale its business model geographically in new growth markets, particularly by building a manufacturing plant in China.

Finatem is an independent partner-managed private equity firm based in Frankfurt that invests majority stakes in companies with business activities and/or know-how in German-speaking Europe. The investment focus is on mid-sized old economy companies with sales between Euro 25 million and Euro 125 million offering a clear growth potential.

Brockhaus was founded in 2000 as an independent private equity firm in Frankfurt and is managing funds with a volume of Euro 250 million. The investment focus is on profitable mid-sized technology — and innovation leaders with strong growth prospects in Germany and other European countries. Brockhaus invests between Euro 10 million and Euro 30 million in buyouts (MBI/MBO) and growth financings.

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