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11/2025

BUILTECH GROUP acquired by VDK GROEP

GERMANY Industrial Services / Multi-technical Installation EV €500M–1.5bn

Context

VDK Groep acquired Builtech Group from Auctus Capital Partners, in a transaction announced on 27 November 2025 and still subject to clearance from the European Commission. Builtech generated revenue of €549m and an EBITDA of €50–100M, an EBITDA margin of [members only], and entered the transaction with 51 companies and more than 2,000 employees. The enlarged group was to comprise over 150 businesses and more than 7,000 people across six countries, with combined revenue of about 2 billion euros. Auctus had built the platform from a first investment in a Berlin technical building equipment company in 2018, approached directly, then added businesses in selected metropolitan regions, reaching 50 add-on acquisitions by 2025. It installed an external management team in late 2020, led by Maurice von Dalwigk and Daniel Lehmann, and launched the sale process in 2024 with Bank of America as adviser. Von Dalwigk stayed on as chief executive of Builtech. For VDK Groep, the purchase opened Central and Northern Europe and, according to the group, placed it among the three largest players in Germany alongside its position in the Netherlands. The two businesses shared a model built on regional companies keeping their own customers and management, and both pointed to the decarbonisation and digitalisation of buildings as the demand driving their markets.

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Target

Builtech Group installs and maintains the technical equipment of commercial buildings. Its companies handle electrical systems and building automation, plumbing and heating, air conditioning and ventilation, and technical building envelopes, on assignments ranging from small interventions to large construction projects. It works exclusively for business customers, in retail, industry, logistics, offices, education and commercial property generally, as a partner to property owners and general contractors. The group is organised as a network of regional trade businesses, each responsible for its own customers and projects, supported by shared finance, human resources, recruitment and training functions. It is headquartered in Berlin and operates in Germany, Austria, Switzerland and Sweden.

Ent. Value

€500M–1.5bn

Equity Value

[members only]

Multiples

EV / Revenue

below 1.5x

EV / EBITDA

10x–18x

EV / EBIT

[members only]

Historical Financials (EUR)

FREE VIEW
Year
Rev
EBITDA
EBIT
2049
549m
€50–100M
[members only]
2048
€450–900M
€50–100M
[members only]

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REFERENCES

Valuation range: EV €500M–1.5bn

Revenue range: €450–900M

EBITDA range: €50–100M

EV/Revenue range: below 1.5x

EV/EBITDA range: 10x - 18x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of BUILTECH GROUP by VDK GROEP are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: builtech group

Acquirer: vdk groep