unyer advisors from Luther and Fidal provided guidance to init group during its recent acquisition of DILAX, a hardware and software provider for urban spaces.
The acquisition aims to boost init's growth through the development of urban mobility concepts and digitalization solutions. Fidal and Luther, members of unyer, collaborated to make the acquisition possible.
DILAX has subsidiaries in France, Canada, Switzerland, Spain, and the UK, and the acquisition also involved a conglomerate of Best friends firms in these countries led by Private Equity partners Philipp Glock and Michael Ströbel. Fidal's advisors Christine Blaise-Engel and Alice Godeberge provided French guidance on the acquisition in France.
To ensure a smooth and successful result, the unyer network played a key role in advising and supporting init throughout the acquisition process. Luther's expertise in Private Equity investments and M&A transactions was complemented by Fidal's in-depth knowledge of the technology sector.
“The acquisition of DILAX, with the help of unyer, gives us access to over 300 long-standing clients and strengthens our position in the rail market in Europe and North America. At the same time, we can leverage synergies in the development of new hardware and software products,” says Dr. Ferber, CFO of init. He expects positive effects on incoming orders, sales and earnings as early as the 2024 financial year.