Avemio AG
ISIN: DE000A2LQ1P6
WKN: A2LQ1P
26 July 2024 02:04PM

EQS-News: Avemio AG strengthens buy-and-build strategy through acquisition of Corporate Finance Boutique

Avemio AG · ISIN: DE000A2LQ1P6 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 1954589

EQS-News: Avemio AG / Key word(s): Investment/Takeover
Avemio AG strengthens buy-and-build strategy through acquisition of Corporate Finance Boutique

26.07.2024 / 14:04 CET/CEST
The issuer is solely responsible for the content of this announcement.


Avemio AG strengthens buy-and-build strategy through acquisition of Corporate Finance Boutique

Frankfurt/Main, 26 July 2024
– Avemio AG (ISIN DE000A2LQ1P6, WKN A2LQ1P), a leading system supplier for hardware and software in the field of broadcast as well as professional media, audio and video solutions, via its subsidiary Teltec AG, is acquiring a majority stake in the LEA Group, consisting of L.E.A. Investment GmbH and its subsidiary Infinment GmbH, from Orbiton Holding GmbH, Lahr. Through the acquisition of the Corporate Finance Boutique, Avemio is strengthening its firepower in the implementation and financing of its buy-and-build strategy. The purchase price in the mid-single-digit million Euro range will not be paid in cash for the most part, but rather through the assumption of liabilities and will also be financed by a vendor loan.

The LEA Group is a consulting house specializing in Corporate Finance with a focus on execution-driven acquisition and growth financing and bundles comprehensive expertise in a wide range of financing products. Recently, the focus has been on acquisition and sales financing projects. The LEA Group also works with pension funds and insurance companies. Andreas Fischer will continue to lead the LEA Group as Managing Director.

As a result of the acquisition, the consolidated equity of Avemio Group will increase by around EUR 8.0 million. This includes EUR 5.0 million via a further silent participation of Beteiligungsgesellschaft Hessen mbH (BMH), which will inflow to Avemio AG in connection with the transaction. The State of Hesse has already held stakes in the Teltec Group for over 20 years via several investments.

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

Ralf P. Pfeffer, CEO of Avemio AG, explained: “With Andreas Fischer, we are winning an experienced corporate finance expert who, with his extensive wealth of experience and his far-reaching network, is himself a profitable asset for our buy-and-build strategy. At the same time, the acquisition of the LEA Group will put the Avemio Group in a position to implement previously developed innovative forms of sales financing and thus tap into additional revenue streams.”

Andreas Fischer, Founder and Managing Director of LEA Group, added: “Avemio Group is at the beginning of an exciting development. I am very pleased to become part of the Avemio family with the LEA Group and to contribute to the optimal development of M&A activities and the buy-and-build strategy in the future.”

About Avemio AG

Avemio AG is a media technology group with a focus on professional film and television technology. The trading group, which has been growing strongly for many years and has the highest turnover in the German-speaking B2B market with more than EUR 100 million, supplies content producers as a manufacturer-independent provider with products from all major manufacturers. This also includes consulting and technical support for complete production, post-production, and broadcast systems as well as the planning, creation and system integration of media technology workflows with its own software products and cloud offerings.

The share capital of Avemio AG is divided into 3,832,150 no-par bearer shares and listed on the primary market of the Düsseldorf Stock Exchange.

At the beginning of the year 2023, the stock market listing took place as part of a reverse IPO. Here, after 30 years of existence, Teltec AG took over the shell company Palgon AG, which was listed on the Düsseldorf Stock Exchange, and changed its name to Avemio AG. The Company was promoted to the primary market and admitted to the Xetra trading platform and relocated from Düsseldorf to Frankfurt.

Avemio AG is planning internationalization as part of a buy-and-build strategy with already identified target companies as well as the expansion of the high-margin software offering.

Investor Relations

Lindsay Lorent
ir@avemio.com
Avemio AG
Schaumainkai 91
60596 Frankfurt
Germany

Press Contact

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Bahnhofstr. 98
82166 Graefelfing/Munich
Germany
Phone: +49 89 125 09 03-30
Mail: sh@crossalliance.de
www.crossalliance.de



26.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Avemio AG
Schaumainkai 91
60596 Frankfurt
Germany
Phone: 06134 5844872
E-mail: ir@avemio.com
Internet: www.avemio.com
ISIN: DE000A2LQ1P6
WKN: A2LQ1P
Listed: Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Munich
EQS News ID: 1954589

 
End of News EQS News Service

1954589  26.07.2024 CET/CEST

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The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 62,00 60,00 66,80 111,15 108,71 99,15 0,00
EBITDA1,2 0,00 0,75 2,20 5,50 4,47 -0,05 0,00
EBITDA-Margin3 0,00 1,25 3,29 4,95 4,11 -0,05 0,00
EBIT1,4 0,00 0,43 1,40 4,40 3,33 -2,61 0,00
EBIT-Margin5 0,00 0,72 2,10 3,96 3,06 -2,63 0,00
Net Profit (Loss)1 0,00 0,05 0,56 3,45 1,79 -3,45 0,00
Net-Margin6 0,00 0,08 0,84 3,10 1,65 -3,48 0,00
Cashflow1,7 0,00 0,37 0,87 2,40 -1,60 -3,62 0,00
Earnings per share8 0,00 0,01 0,16 1,01 0,46 -0,90 0,11
Dividend per share8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

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INVESTOR-INFORMATION
©boersengefluester.de
Avemio
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A2LQ1P DE000A2LQ1P6 AG 27,13 Mio € 02.01.2023 Halten 9F2C4M29+9Q
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
37,26 20,19 1,85 49,86 1,15 -7,49 0,27
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
29.08.2024 30.09.2024 28.06.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-0,84%
7,08 €
ATH 85,50 €
-8,66% -2,95% -15,21% -33,83% -82,73%

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