AURICON acted as exclusive financial advisor to Swedish WTR Group, a portfolio company of Aspira Partners, during the acquisition of Pegel Group. Additionally, AURICON coordinated the tax advisory services in close cooperation with RLT Ruhmann Tieben & Partner.
Pegel Group, consisting of Pegel Pumpenanlagen GmbH, Barnim GmbH, and pumpe24 Wassertechnik GmbH, is a leading provider in the field of pump and water supply technology in Berlin. The acquisition marks a significant step in WTR Group’s expansion strategy, establishing WTR Group in Germany and the broader Northern European market.
Khashayar Nikavar, CEO of WTR Group, commented: “We are very excited about the partnership with the Pegel Group, which is a significant addition to our business. Pegel Group is a strong player in distribution and service of water handling solutions, particularly in the Berlin area, and we look forward to working together to broaden our offering and provide high-quality solutions and products to customers across Northern Europe. This partnership also marks an important step for the WTR Group as we establish ourselves in Germany, a market where we see great growth potential in the future.”
Matthias Braun, CEO of Pegel Group, adds: “We are very enthusiastic about becoming part of the WTR Group. Through this partnership, we can leverage their extensive network and resources, allowing us to further develop and expand our business. We see great growth potential in Germany alongside the WTR Group and look forward to our joint growth.”
Deal advisory and financial due diligence were performed under overall responsibility of Dr. Kai Hüttermann (Partner) with a team of Anes Hodzic (Senior Manager) and Moritz Löhnig (Consultant). Tax due diligence was carried out by Claas-Tido Risse (Partner) from RLT.
Khashayar Nikavar summarizes the successful collaboration: “We are very happy for the collaboration with AURICON. Dr. Kai Hüttermann and his team demonstrated deep expertise and high professionalism throughout the entire transaction process. They provided us intensive guidance on country-specific conditions, which always pose unique challenges when entering a new region. We look forward to working together on future transactions in Germany.”
Partner
Senior Manager
Consultant
About WTR Group
WTR Group is a Swedish company specializing in solutions for water and wastewater supply. It brings together several leading firms that have previously focused on the Swedish and UK markets, offering a broad portfolio of technical products, services, and customized solutions. Close collaboration within the group creates synergies that promote innovative and efficient approaches. The overarching goal of WTR Group is to sustainably transform and future-proof the water industry.
About Aspira Partners
Aspira Partners is a Swedish private equity firm specializing in value-based growth investments. Founded in 2020, Aspira Partners focuses on investments in medium-sized, entrepreneur-led companies, offering tailored solutions to drive growth. Aspira Partner works closely with founders, emphasizing long-term partnerships where strategic goals are developed jointly to ensure sustainable value creation. Aspira Partners takes a hands-on approach with an entrepreneurial mindset.
About Pegel Group
Pegel Group consists of three companies: Pegel Pumpenanlagen GmbH, Barnim GmbH and pumpe24 Wassertechnik GmbH. The group is based in Berlin and was established in 1986. Pegel Pumpenanlagen offers services such as maintenance, installation, and servicing for water solutions in the Berlin area. Pegel was founded in 1990 and today serves over 2,500 customers. Pegel focuses on providing fast and high-quality solutions to meet customer needs. Pumpe24 is an online-based distributor of water management products such as pumps, control systems, valves, and other accessories. Pumpe24 offers short delivery times, high product availability, and provides customers with advice for all projects. Barnim is a distributor of products and accessories for water management, geothermal applications, and well solutions, with a focus on B2B customers. Barnim provides comprehensive solutions for clients in the infrastructure and construction sectors.
About AURICON
AURICON is a transaction-focused advisory firm based in Düsseldorf, offering customized solutions for individual transaction projects—either comprehensively throughout the entire M&A process or selectively with services in the areas of exit readiness, due diligence, business valuation, post-merger integration or purchase price allocation.