DPE Deutsche Private Equity finances future growth of DARE Group in the field of deconstruction/demolition, pollutant remediation and waste disposal
- Leading specialist for deconstruction/demolition and pollutant remediation work as well as disposal of construction waste in the greater Berlin area
- Growth capital for the expansion of local capacities and the active consolidation of the nationwide market
- Managing partners Robert Schliewin and Christopher Schmidt-Bleek continue to lead DARE Group operations
Munich, January 17, 2022. Funds advised by DPE Deutsche Private Equity (“DPE”) have invested in DARE Group (“DARE”) in Berlin. DARE specialises in deconstruction/demolition and pollutant remediation work as well as the disposal of construction waste. Founded in 2001, the company is one of the leading providers of construction waste disposal services in the greater Berlin area, with more than 70 employees and a 22,000 m² treatment plant for hazardous and non-hazardous waste with corresponding interim storage facilities in accordance with the BImSchG. The managing partners Robert Schliewin and Christopher Schmidt-Bleek will continue to manage the company as co-owners and implement the growth and consolidation strategy together with DPE. The parties have agreed not to disclose the details of the transaction.
Focused growth strategy based on an integrated business model with high quality standards
DARE provides a wide range of integrated construction and disposal services and can therefore reliably execute challenging and complex projects. Under the current management, DARE has more than tripled its output since 2014 and earned a reputation as a quality leader. With the active support of DPE, DARE will continue to invest in the expansion of local capacities and actively shape the consolidation process of the industry in metroplitan areas across Germany. “DARE runs an excellently managed and scalable business in Berlin, with impressive project references. Building on this, DPE is keen to support the management in their further expansion. We are very much looking forward to bringing our experience with accelerated growth strategies in construction-related industries to the partnership,” says DPE partner Mark Suderow. DPE’s success in the sector can be demonstrated by a number of investments. With the support of DPE, Elevion (technical building services) was able to grow its output from €60 million to €330 million within six years. Currently, Calvias (technical building services in the HVAC sector), Primutec (roofing, cladding and lightning protection), DEUBIS (specialist in building repair) and B plus L (construction site infrastructure provider) are a number of other promising growth platforms in DPE’s investment portfolio. “We are pleased to have found the ideal partner in DPE, who shares our ambitions and values, especially with regard to our employees. With an experienced investor like DPE, we are in a position to expand even faster and to invest more in efficiency improvements,” underlines Robert Schliewin, Managing Director of DARE.
DARE welcomes companies that want to become part of the growth strategy
In light of overall industry turnover, the market for deconstruction/demolition, pollutant remediation and disposal is still very fragmented. DARE is excellently positioned as a consolidator in this growing market. Therefore, Mark Suderow emphasises, “We have already had some promising discussions with other industry players and welcome other companies to become part of this growth story, whether in the form of an acquisition, succession solution, investment option or partnership.”
For more information on the DARE Group, visit www.dare-gmbh.de
DPE: Mathias Weidner / firstname.lastname@example.org
DARE: Robert Schliewin / email@example.com