Client Stories
Strategic sale of Speedpoint to VS Vereinigte Spezialmöbelfabriken
Investec advised Speedpoint’s owner on the sale of 100% of the shares to strategic buyer VS Vereinigte Spezialmöbelfabriken. The transaction strengthens VS’s IT services and digital media business and secures the succession of Speedpoint.
About the deal
The owner of Speedpoint, an educational technology and digital media company headquartered in Darmstadt with a branch in Munich, has sold 100% of its shares to VS. VS is an established German family-owned company specializing in solutions for education, office, and digital media, offering its products and services worldwide, including in the US, the Middle East, and Australia.
In its more than 125-year history, VS has evolved from a pure school furniture manufacturer to a leading provider of solutions for the knowledge society, rethinking learning and working spaces.
The acquisition enables VS to further develop its digital media business and broaden its presence in the areas of hardware, media and room control, and IT services in the office sector. Both companies will benefit from combined expertise and an expanded product portfolio.
Speedpoint, with its particular expertise in interactive communication and collaboration solutions for businesses, local authorities, and schools, will continue to operate under its own name alongside VS subsidiary VS Visuelle Medien.
“”– Michael Herkert, Owner & CEO SpeedpointInvestec supported us with its ‘Out of the Ordinary’ approach throughout the entire transaction, contributing both its extensive experience in working with German SME entrepreneurs and a clear strategic and results-oriented mindset. Its in-depth understanding of our business and practical approach played a key role in finding the right long-term partner for Speedpoint.
What we did
Investec acted as exclusive M&A advisor to Speedpoint’s owner and provided comprehensive support throughout all phases of the transaction. To prepare for investor readiness, we supported our client in preparing financial and operational information as well as strategic positioning, and subsequently throughout the entire due diligence and negotiation process.
Working closely with management and leveraging our industry expertise in the technology sector, Investec contributed significantly to a successful succession solution and strong strategic positioning.