EMERAM's portfolio company Officium with next acquisition in the market for submetering services

• Exakta Wärme- und Wasserzähler Service GmbH acquired
• Officium increases number of managed user units by more than 10 percent
• Market position in Saxony strengthened
• Third acquisition within a few weeks
• Buy & Build strategy moves forward

Munich, 5 October 2021 - Officium GmbH, a portfolio company of the investment company EMERAM, has acquired Exakta Wärme- und Wasserzähler Service GmbH and continues its expansion. With this further growth step, Officium is expanding its market position as a leading independent submetering and energy services provider for the metering and billing of water and heat for the housing industry. In August, Officium had already acquired the submetering services providers Systeme & Service Abrechnungsgesellschaft mbH and Delta-t Messdienst Fischer und Nagel GmbH.

With Exakta Wärme- und Wasserzähler Service GmbH and its three locations in Oberlungwitz, Burg and Riesa, Officium is strengthening its market position in Saxony. The number of managed user units increases by more than 10 percent. In the course of the owner succession, the previous management will accompany the transition. Officium is mainly represented in Berlin, Brandenburg, North Rhine-Westphalia (for example Düsseldorf and Duisburg), Mecklenburg-Western Pomerania, Saxony-Anhalt (Dessau-Roßlau) and Saxony (Dresden and Chemnitz) as well as in Lower Franconia.

Dr. Alexis Tran-Viet, Partner at EMERAM Capital Partners, explains: "With Officium, we are building a leading independent submetering and energy services provider. As business development partner, we support our portfolio companies. Acquisitions as well as new digital services are the key growth drivers for Officium. With its high service quality, strong customer orientation and regional focus, Exakta Wärme- und Wasserzähler Service GmbH is an ideal extension for Officium."

Stephan Kiermeyer, Managing Director of Officium, comments: "We are achieving faster than expected progress in consolidating the fragmented market for submetering and energy services. With the help of EMERAM Capital Partners, we will continue our buy & build strategy and plan further acquisitions in the future."

Mike Gerloff, Managing Director at Exakta Wärme- und Wasserzähler Service GmbH, explains: "Our decision quickly fell on Officium. As a platform, they have already been able to successfully unite several submetering services companies. They follow a sustainable, long-term oriented strategy and consider local aspects. The discussions always took place on an equal level and were quickly progressed. Our customers and employees will benefit from Officium's know-how."

Hartmut Michels is also convinced of this. The managing director of standata had accompanied the transaction between Officium GmbH and Exakta Wärme- und Wasserzähler Service GmbH with his team of consultants: "With our long-standing experience and powerful team of market, financial and legal experts, we succeeded in creating a win-win result for both companies. A great success of our expertise."

The parties have agreed not to disclose the purchase price of the transaction, which has now been completed. Officium was advised by Noerr (Legal) and Alvarez & Marsal (Financial).

ABOUT EMERAM CAPITAL PARTNERS - WWW.EMERAM.COM

EMERAM is one of the leading investment companies for medium-sized companies in the German-speaking region. Funds advised by EMERAM currently provide 400 million euros of capital for the development of companies. The portfolio includes companies from the Technology/Software, Value-added Services und New Consumer Staples sectors.

EMERAM acts as a long-term business development partner for its companies and supports the sustainable growth (organic and inorganic) of its portfolio companies. Currently, the portfolio contains six platform investments, which generated continuously double-digit organic sales growth rates. Additionally, through more than 20 add on acquisitions significant in-organic growth and international expansion came on top.

ABOUT OFFICIUM

Officium GmbH is one of the leading independent submetering and energy service providers for consumption-based metering and billing of water and heat for the housing industry. The company was founded as a platform investment by funds advised by EMERAM in 2020. As a parent company, Officium manages the companies Tenié und Gores GmbH, Systeme & Service Abrechnungsgesellschaft mbH and Delta-t Messdienst Fischer und Nagel GmbH. Officium is primarily present in Berlin, Brandenburg, North Rhine-Westphalia (for example Düsseldorf and Duisburg), Mecklenburg-Western Pomerania, Saxony-Anhalt (Dessau-Roßlau) and Saxony (Dresden and Chemnitz) as well as in Lower Franconia. Customers are primarily small and medium-sized property management companies and private landlords.

Media contact EMERAM Capital Partners:

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Christian Dose: Tel.: +49 (0)69 2475 689 491 | Email: emeram@wmp-ag.de
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