Seniovo GmbH has been acquired by HORNBACH Baumarkt AG
November 2023 — The shareholders of Seniovo GmbH have sold the company to HORNBACH Baumarkt AG.
Seniovo GmbH specializes in consulting, planning and implementing barrier-free and barrier-arm bathroom conversions. The innovative company operates in a highly digitized manner, thus disrupting the industry. Its service portfolio ranges from planning and applying for subsidies to approval, conversion and billing. Since 2017, Seniovo has implemented more than 3,000 barrier-free or low-barrier bathroom conversions, establishing itself as the market leader in Germany in this segment.
The HORNBACH group is one of the leading corporations in the do-it-yourself industry in Germany and Europe. With approximately 170 large-scale construction and garden stores in nine European countries, along with several online shops, HORNBACH Baumarkt AG provides numerous customers with an optimal and individual shopping experience.
The shareholder’s group consisted of leading venture capital firms such as IBB Ventures, PropTech1 and Hevella Capital, as well as the founders of the company and business angels.
Our role in the transaction
Oaklins’ team in Germany acted as the exclusive advisor to the shareholders and the management of Seniovo in the preparation of the sale process and due diligence, the approach and negotiations with the preferred buyer, and assisted them until closing.
Jonathan (John) Kohl
Founder and CEO, Seniovo GmbH
Contacter l'équipe de la transaction
Transactions connexes
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
En apprendre plusLife & Mobility has attracted investor Bolster Investment Partners
Life & Mobility, a leading developer and manufacturer of premium mobility and rehabilitation solutions, has welcomed Bolster Investment Partners as a new shareholder. The partnership provides Life & Mobility with a strong long-term partner to support the company’s next phase of growth, with a continued focus on product innovation, strengthening its leading market position and further international expansion. The company’s mission remains to enhance the mobility, independence and quality of life of end users through innovative, sustainable and circular mobility solutions designed for multiple life cycles.
En apprendre plusDIGMATIX has entered the Czech market through the acquisition of LLP CRM
DIGMATIX has acquired LLP CRM, a Czech Microsoft Dynamics 365 Customer Engagement specialist. The acquisition marks DIGMATIX’s entry into the Czech market and strengthens the group’s capabilities in customer relationship management (CRM), sales automation, customer service and AI-powered business solutions.
En apprendre plus