Deutsche Private Equity announces exit of Primutec Solutions Group – Successful divestment following strategic development into a market leader in the flat roofing segment
May 21, 2025
DPE is pleased to announce that on 18 May 2025 DPE Deutschland III signed an agreement to sell leading flat roofing services provider Primutec Solutions Group (“Primutec” or the “Company”) to Trill Impact (“Trill”).
DPE initially invested in Primutec in 2017, after identifying the flat roofing segment as an attractive and defensive niche, driven by recurring renovation needs and a strong macro trend around emission reduction in buildings.
Since then, Primutec has delivered an impressive growth trajectory, evolving from a local player into the clear market leader in both Germany and the Netherlands. Through a focused buy & build strategy, the Company completed more than ten add-on acquisitions and grew revenues fourfold from €90 million to over €360 million. Today, Primutec employs more than 1,200 people and complements its core flat roofing business with services such as lightning protection, solar PV, and green roofing.
Together with the management team, DPE successfully transformed the business from a founder-led organization into an institutional platform well positioned for further European expansion.
“We are proud to have supported Primutec in its transition to a European market leader. Despite its significant growth, the Company has kept a distinctive and winning entrepreneurial culture. We are grateful for our fruitful partnership with Primutec management and wish the team all the best for the future,” said Guido Prehn, Managing Partner at DPE.
“Thanks to the rewarding partnership with DPE over the past years, we have been able to build a solid, future-proof company that will now enter its next phase of growth. The DPE team has been a driving force for the value creation that has taken place at Primutec. We now have the foundation for the future cooperation with all our stakeholders, with the continued objective of being number one in our field” said Marloes Kooijmans, CEO of Primutec.
The Primutec transaction is a testament to DPE’s ability to identify winners in the large, fragmented Mittelstand, and another case study for DPE’s successful buy & build strategy. The exit represents the seventh realized investment from DPE’s 2017-vintage DPE Deutschland III.
Closing is subject to customary cartel clearance and is expected to take place at the end of June 2025.