PARATUS acquires projodis
Media Contact
For more information or to schedule an interview, please contact:
Mr. Friedrich von Kleist, CEO of PARATUS
fkleist@paratus-group.com
About PARATUS:
PARATUS was formed in 2021 with the goal of creating a global group of best-of-breed healthcare IT companies with a strong position in diagnostics that collaborates to deliver state-of-the-art, tailored solutions to medical service providers that improve healthcare services and patient care, boost productivity, and reduce costs. PARATUS is a group of like-minded market leaders that foster growth through collaboration, sharing best practices, and shared services in finance, HR, regulatory, IT security, and more. Headquartered in Munich, Germany, PARATUS is pursuing a long-term growth path, both organically and by adding new partners to its group. Learn more at www.paratus-group.com
About projodis:
projodis GmbH is the German market leader in advanced laboratory software solutions, specializing in the development and implementation of cutting-edge tools for the management, control, and monitoring of human genetic laboratory processes and consultations. Based in Butzbach, Germany, and founded in 2010, projodis serves the majority of the human genetic departments of university hospitals and leading outpatient genetic laboratories due to a clear focus and understanding of the unique needs of the genetic field. www.projodis.net
About GREENPEAK Partners:
GREENPEAK Partners is a company builder with a proven track record and comprehensive expertise in the foundation, development, and expansion of industry leaders. While executing its Buy & Build strategies, GREENPEAK aims to develop industry leaders by virtue of strong partnerships, ESG values, and aligned sustainable interests. To date, the GREENPEAK Partners team has built over ten platforms, with annual revenues exceeding €1 billion. www.greenpeak-partners.com
ALPHALYTIK JOINS CERTANIA GROUP
Founded in 1995 and headquartered in Berlin, Germany, Alphalytik has built a strong reputation as an independent laboratory specializing in GMP (Good Manufacturing Practice) and FDA (Food and Drug Administration) approved stability testing, method development, and release testing. With a focus on complex drug formulations, including low-dose and hormone preparations, Alphalytik serves a diverse clientele, including some of the world’s leading pharmaceutical companies.
About Alphalytik:
Founded in 1995 and headquartered in Berlin, Germany, Alphalytik Pharmaservice GmbH is a specialized pharmaceutical laboratory offering drug stability testing, method development, and release testing. With a focus on complex analytical needs, Alphalytik serves a diverse clientele, including leading pharmaceutical companies. The company’s expertise and accredited services ensure the long-term safety and efficacy of pharmaceutical products. For more information, visit alphalytik.com.
Under the umbrella of CERTANIA Holding GmbH, a new global market player is created in the field of Testing, Inspection & Certification as well as scientific, laboratory and compliance services. This group offers medium-sized partners a sustainable home for their life’s work. CERTANIA enables entrepreneurs and owners to further develop their companies with like-minded people, while continuing to preserve their entrepreneurial roots, corporate culture, brand, and values. For more information, visit certania.com
BIOTEC JOINS CERTANIA GROUP
About Biotec GmbH:
Founded in 1991 and based in Gütersloh and Mittweida, Germany, Biotec GmbH is a leading consultancy and environmental laboratory specializing in microbiological hygiene and occupational health. With over 25 years of expertise, we pioneer aerial hygiene solutions for diverse industrial and food industry clients. Our services include air hygiene testing, HVAC system inspections under VDI 6022 standards, and hygiene training. Biotec GmbH is committed to excellence, supporting clients with high-quality services and expert opinions to maintain safe and compliant environments. For more information, visit biotec-gmbh.de
Under the umbrella of CERTANIA Holding GmbH, a new global market player is created in the field of Testing, Inspection & Certification as well as scientific, laboratory and compliance services. This group offers medium-sized partners a sustainable home for their life’s work. CERTANIA enables entrepreneurs and owners to further develop their companies with like-minded people, while continuing to preserve their entrepreneurial roots, corporate culture, brand, and values. For more information, visit certania.com
GREENPEAK is proudly looking back to a successful first half-year 2024
We would like to thank all our business partners and our teams and look forward to a fantastic second half of the year.
MEDIATOR JOINS CERTANIA
Expert for regulatory advisory services for chemical and hazardous substance regulations joins the group.
Munich/Kolding, June 26 2024. Mediator has partnered with CERTANIA, a growing group specializing in Testing, Inspection, and Certification services. This strategic move allows Mediator, a leading provider for regulatory advisory services, focusing on chemical and hazardous substances to accelerate growth activities.
Established in 2011 and headquartered in Kolding, Denmark, Mediator has emerged as an expert and trusted partner for cosmetics, biocide, cleaning, and surface treatment industries with comprehensive regulatory support
Joining CERTANIA marks a significant milestone for Mediator, opening doors to expand internationally. This partnership enhances the company’s ability to continue to ensure safety, quality, and regulatory compliance and conformity services for customers around the world.
Under the leadership of Jens Haugaard, the Mediator management team retains independence while accessing the resources of the larger group, facilitating continued growth and service expansion. Says Jens Haugaard about the strategic move: „With the joint expertise and the collaboration with other CERTANIA partner companies, we will be able to support more customers in this fast-growing market segment. Being part of CERTANIA enables us to further invest in our service portfolio and infrastructure, providing innovative knowledge management tools. “
Mediator’s offering of comprehensive regulatory services perfectly fits into CERTANIA’S regulatory, sustainable, food & environment segment.
Karsten Xander, founder and CEO of CERTANIA, welcomes Mediator and extends the invitation to join this unique group to other entrepreneurs and owners of companies in the field of scientific, laboratory, and compliance services: “We provide an opportunity to put their company into a future-proof structure. It is our fundamental aim to build a group for the long run, where strong partner companies flourish, while retaining their identity. With the addition of Mediator, we can now provide more comprehensive regulatory services to customers in the cosmetic, chemical, food and environment segment”.
CERTANIA’s ecosystem provides a platform for mid-sized, knowledge-based companies to thrive under one umbrella, maintaining entrepreneurial freedom while benefiting from group resources and support.
About Mediator:
Mediator, a Danish legal advisory service provider, specializes in regulatory compliance for chemicals and hazardous substances, focusing on industries like cosmetics, chemicals, and the environment. We offer comprehensive services, including subscription models for legislative insights, with REACH as a major regulatory driver. Mediator is distinguished by its ability to manage legal changes and provide continuous updates, aiding clients in navigating regulatory complexities. Our expertise ensures industry-specific compliance, facilitating successful product launches and enhancing client operations. For more information, visit mediator.as.
TAZ JOINS CERTANIA FOR ACCELERATED GROWTH
The leading expert in industrial testing and optical emission testing joins the group.
Munich/Aichach, May 22, 2024. TAZ GmbH, a leading industrial testing provider specializing in materials testing, proudly announces its partnership with CERTANIA, a dynamic group specializing in Testing, Inspection, and Certification services. This strategic move marks a significant milestone for TAZ GmbH, enhancing its capabilities and accelerating growth activities and strengthen the offering in this segment for CERTANIA.
Established in 1995 and headquartered in Aichach, Germany, TAZ GmbH has emerged as a trusted expert in materials testing, offering a wide range of services including mechanical, chemical, and structural testing. With accreditation in accordance with DIN EN ISO/IEC 17025, TAZ GmbH holds a prominent position in the industry. Furthermore, TAZ is the world’s first accredited calibration laboratory for spark spectrometers according to DIN EN ISO 17025, with plans to expand accreditation to include reference material production according to DIN EN ISO 17034.
Under the leadership of CEO Sebastian Mirthes and company founder and authorized representative Thomas Asam, TAZ GmbH will maintain its independence while at the same time the same time draw on the resources and support of the Certania Group. Says Thomas Asam about the strategic move: „With the joint expertise and the collaboration with other CERTANIA partner companies, we will be able to support more customers in our fast-growing market segment. Being part of CERTANIA enables us to further invest in our service portfolio and infrastructure, providing innovative knowledge management tools. “
The acquisition of TAZ GmbH complements CERTANIA’s material testing cluster, enhancing its expertise in metallography, detailed fracture assessments, and damage case analyses. With a diversified client base including prominent companies in the automotive, aviation, traffic engineering and medical industry brings valuable experience and a strong reputation for service excellence to the CERTANIA group.
Moritz Gruber, CEO and managing shareholder of CERTANIA, welcomes TAZ and extends the invitation to join this unique group to other entrepreneurs and owners of companies in the field of scientific, laboratory, and compliance services: “We provide an opportunity to put their company into a future-proof structure. It is our fundamental aim to build a group for the long run, where strong partner companies flourish, while retaining their identity. With the addition of TAZ, our combined expertise in the materials and structures segment is a force in the marketplace.”
CERTANIA’s ecosystem provides a platform for mid-sized, knowledge-based companies to thrive under one umbrella, maintaining entrepreneurial freedom while benefiting from group resources and support.
About TAZ:
TAZ GmbH, headquartered in Aichach, Germany, is a leading provider of industrial testing services since 1995. Specializing in materials testing for industries such as automotive, aviation, traffic engineering, and medical, TAZ offers accredited mechanical, chemical, and structural analyses. Accredited as the world’s first calibration laboratory for spark spectrometers, TAZ prioritizes excellence and sustainability in its services. With a diverse client base across various industries, TAZ remains committed to driving scientific innovation and ensuring the safety and reliability of materials and products. For more information, visit tazgmbh.de
About CERTANIA:
Under the umbrella of CERTANIA Holding GmbH, a new global market player is created in the field of Testing, Inspection & Certification as well as scientific, laboratory and compliance services. This group offers medium-sized partners a sustainable home for their life’s work. CERTANIA enables entrepreneurs and owners to further develop their companies with like-minded people, while continuing to preserve their entrepreneurial roots, corporate culture, brand, and values. For more information, visit certania.com
SPINESERV JOINS CERTANIA GROUP
Munich/Ulm, May 8, 2024 – SpineServ GmbH & Co KG has partnered with CERTANIA, a growing group specializing in testing, inspection, and certification services. This strategic move allows SpineServ, a leading provider for mechanical testing and engineering services for medical devices, to accelerate their growth activities.
Established in 2007 and headquartered in Ulm, Germany, SpineServ has emerged as an expert and trusted partner in various industries for spinal implants, endoprostheses, trauma implants, dental implants, and other medical devices such as connectors, syringes, injection devices and catheters. The company’s core competencies lie in offering accredited and self-developed mechanical testing and engineering services, ensuring quality, safety, reliability, and innovation to its clientele.
About SpineServ:
SpineServ GmbH & Co. KG, established in 2007 and headquartered in Ulm, Germany, is a leading provider of mechanical testing and engineering services for medical devices. Specializing in endoprosthesis, spine, trauma, dental, and medical device testing. SpineServ has over 16 years of experience in ensuring quality, safety, and innovation for its clientele. Accredited by DAkkS in accordance with DIN EN ISO/IEC 17025 since 2008, SpineServ is dedicated to maintaining the highest standards in the industry.
For more information, visit spineserv.de
About CERTANIA:
Under the umbrella of CERTANIA Holding GmbH, a new global market player is created in the field of Testing, Inspection & Certification as well as scientific, laboratory and compliance services. This group offers medium-sized partners a sustainable home for their life’s work. CERTANIA enables entrepreneurs and owners to further develop their companies with like-minded people, while continuing to preserve their entrepreneurial roots, corporate culture, brand, and values. For more information, visit certania.com
MPR joins CERTANIA: Paving the way for enhanced certification services
Munich/Frankfurt, April 29, 2024. MPR China Certification GmbH, a distinguished service provider and market leader of certification, conformity inspections and product tests required for accessing Asian markets, has announced its strategic partnership with CERTANIA, a rapidly growing group specializing in Testing, Inspection, and Certification (TIC) services. This collaboration marks a significant milestone for MPR, allowing the company to accelerate growth activities.
Established in 2005, MPR has garnered acclaim for its expertise in providing certification services, conformity assessment, inspections, and product testing services essential for accessing markets in China, India, Korea, and Japan.
About MPR:
MPR China Certification GmbH is a leading provider of certification, conformity assessment, inspections, and product testing services for accessing markets in China, India, Korea, and Japan. The company was founded in 2005 with a focus on automotive certification for China and has developed into the central provider for product certifications for Asia for automotive, electronics, consumer goods and food. With strategic locations and strong relationships with certification authorities, MPR offers comprehensive support tailored to client needs. Visit www.mpr-international.com/en for more information.
About CERTANIA:
Under the umbrella of CERTANIA Holding GmbH, a new global market player is created in the field of Testing, Inspection & Certification as well as scientific, laboratory and compliance services. This group offers medium-sized partners a sustainable home for their life’s work. CERTANIA enables entrepreneurs and owners to further develop their companies with like-minded people, while continuing to preserve their entrepreneurial roots, corporate culture, brand, and values. For more information, visit certania.com
GREENPEAK Partners closes inaugural Continuation Fund led by HarbourVest Partners
GREENPEAK Partners closes inaugural Continuation Fund led by HarbourVest Partners for two leading Germany-based companies in the specialty laboratories and Testing, Inspection, and Certification (‘TIC’) spaces.
MUNICH, 16th April, 2024 – GREENPEAK Partners, a leading lower mid-market focused buy and build specialist in the DACH region, is pleased to announce the successful close of GREENPEAK Continuation Fund I with total commitments of ca. EUR 350 million.
Continuation Fund I was formed to invest into ACADEMIA and CERTANIA – two strongly performing lab and TIC groups started and built up by funds managed by GREENPEAK Fund II GmbH & Co. KG (“GREENPEAK Fund II”) in 2021. Investors in Continuation Fund I will also provide additional capital to enable GREENPEAK to continue its successful growth strategies in both companies. The transaction follows GREENPEAK’s announcement of a growth capital investment in CERTANIA from Summit Partners in August 2023.
Renowned global investors support GREENPEAK’s Continuation Fund
The innovative transaction structure caters for customized exposures across one or both companies for different investors. HarbourVest Partners is acting as the Principal Lead Investor for Continuation Fund I across ACADEMIA and CERTANIA, while Kline Hill Partners is acting as the Co-Lead Investor in ACADEMIA, alongside a consortium of international syndicate investors.
As General Partner GREENPEAK is delighted to have secured backing from a top-tier group of investors, indicating the strong investor interest for high-quality companies backed by strong General Partners in the DACH region. Furthermore, Continuation Fund I constitutes an attractive liquidity offering for GREENPEAK Fund II LPs and Co-Investors, who had the option to crystallize stellar returns or continue to support the growth strategies of ACADEMIA and CERTANIA through participation in Continuation Fund I.
GREENPEAK portfolio companies with impressive organic growth and M&A track record
Under GREENPEAK’s ownership and the leadership of their respective management teams, ACADEMIA and CERTANIA have developed into leading diagnostic platforms for specialty laboratories and Testing, Inspection, and Certification (‘TIC’) services in Germany. ACADEMIA is a leading diagnostic platform focused on pathology, human genetics, hemostaseology, and prenatal diagnostics/IVF in Germany. CERTANIA is a leading provider of TIC services focused on addressing global challenges across health and sustainability, respectively. ACADEMIA and CERTANIA have built up their combined EBITDA to nearly €70 Mio., under GREENPEAK’s ownership, while completing a total of over 30 acquisitions.
Continuation Fund I will enable both companies to continue their successful investment strategy over the coming years. Management teams of both firms stay significantly invested and are committed to driving long-term success.
Daniel Beringer, Managing Partner at GREENPEAK, said: “GREENPEAK was successful in developing and supporting two outstanding companies in the testing and analytics business with ACADEMIA and CERTANIA. Together, GREENPEAK, the exceptional management teams of the groups and the joining companies, we have established the groundwork to build outstanding lab businesses, that are able to provide high quality services to their customers and be a long-term home for the entrepreneurs and employees that drive the groups. And we thank the leadership of ACADEMIA and CERTANIA for the successful work to date and look forward to continuing the journey over the coming years.”
Tim Flower, Managing Director at HarbourVest Partners, said: “We are delighted to partner up with GREENPEAK on the creation of this innovative transaction structure, which highlights the capabilities of the HarbourVest platform. Identifying and supporting strong performing General Partners in local markets managing market leading companies with outperformance potential has been an integral part of our strategy. We look forward to combining HarbourVest’s long track record of completing and managing complex transactions with GREENPEAK’s expertise to unlock the significant growth prospects of ACADEMIA and CERTANIA.”
Elena Laleh, Managing Director at Kline Hill Partners, said: “We are excited to support GREENPEAK’s continued investment in ACADEMIA through our dedicated GP-led strategy. ACADEMIA is a high-quality business with a large inorganic growth opportunity, and we are confident in GREENPEAK’s and management’s ability to continue to manage the business.
GREENPEAK was advised by PJT Park Hill (Financial Advisory), ISP Healthcare (Commercial DD), Roedl & Partner (Financial/Tax), and Stephenson Harwood, FMDH Rechtsanwälte, McDermott Will & Emery, and Orbit (Legal).
HarbourVest Partners was advised by Kirkland & Ellis on the transaction.
About GREENPEAK Partners
GREENPEAK Partners is a company builder private equity partnership with proven track record and comprehensive expertise in the foundation, development, and expansion of industry leaders. While executing its Buy & Build strategies, GREENPEAK aims to develop industry leaders by virtue of strong partnerships, ESG values, and aligned sustainable interests.
To date, the GREENPEAK Partners team has built over a dozen platforms, with annual revenues exceeding €1 billion. For more information, please see https://www.greenpeak-partners.com/de/ or Follow on Linkedin.
About HarbourVest Partners
HarbourVest is an independent, global private markets firm with over 40 years of experience and more than $125 billion of assets under management as of December 31, 2023. Our interwoven platform provides clients access to global primary funds, secondary transactions, direct co-investments, real assets and infrastructure, and private credit. Our strengths extend across strategies, enabled by our team of more than 1,150 employees, including more than 230 investment professionals across Asia, Europe, and the Americas. Across our private markets platform, our team has committed more than $59 billion to newly-formed funds, completed over $53 billion in secondary purchases, and invested over $39 billion in directly operating companies. We partner strategically and plan our offerings innovatively to provide our clients with access, insight, and global opportunities.
For further information please visit www.harbourvest.com.
About Kline Hill Partners
Founded in 2015, Kline Hill Partners is an investment firm focused on the private equity secondary market, with industry-leading capabilities in the small-deal space. With over $4 billion in assets under management, Kline Hill’s funds are backed by a blue-chip investor base that includes endowments, foundations, family offices, and other institutional investors. Together, Kline Hill’s Core and Solutions strategies make up a platform designed to serve the entirety of the small-deal secondary market, with capabilities spanning LP fund transfers, GP-led transactions, and secondary direct transactions.
For further information please visit https://klinehill.com/.
About ACADEMIA
ACADEMIA is a unique and sizeable diagnostic platform for specialty laboratory in Germany offering end-to-end diagnostic solutions supported by a successful inorganic strategy to consolidate growth. ACADEMIA is the first integrated special laboratory group focusing on pathology, human genetics, hemostaseology, and prenatal diagnostics/IVF in Germany.
For further information please visit https://www.academia-gruppe.de/.
About CERTANIA
Under the umbrella of CERTANIA Holding GmbH, a new global market player is created in the field of Testing, Inspection & Certification as well as scientific, laboratory and compliance services. This group offers medium-sized partners a sustainable home for their life’s work. CERTANIA enables entrepreneurs and owners to further develop their companies with like-minded people, while continuing to preserve their entrepreneurial roots, corporate culture, brand and values.
For further information please visit https://certania.com/de/.
Relibell joins CERTANIA
Munich/Erfurt, April 9, 2024. Relibell has partnered with CERTANIA, a growing group specializing in Testing, Inspection, and Certification services. This strategic move allows Relibell, a leading provider for compliance certification of plants for renewable energy such as wind, photovoltaic (PV), biogas and hydropower, to accelerate growth.
Established in 2020 and headquartered in Erfurt, Germany, Relibell has emerged as an expert and trusted partner serving operators, builders, planners, and suppliers of renewable energy plants with compliance certification before being connected to the grid. Relibell currently issues plant certification type A, B, & C, as well as EZA declarations of conformity.
About Relibell:
Relibell Zertifizierungsgesellschaft mbH, established in 2020 and based in Erfurt, Germany, is a leading service provider specialized in certifying renewable energy plants such as wind, photovoltaic (PV), biogas, and hydropower. We issue compliance certificates for operators, builders, planners, and suppliers. Our core competencies include issuing plant certification types A, B, and C, and EZA declarations of conformity. Accredited by DAkkS according to DIN EN ISO/IEC 17065, we’re committed to environmental responsibility. For more information, visit relibell.de
About CERTANIA:
Under the umbrella of CERTANIA Holding GmbH, a new global market player is created in the field of Testing, Inspection & Certification as well as scientific, laboratory and compliance services. This group offers medium-sized partners a sustainable home for their life’s work. CERTANIA enables entrepreneurs and owners to further develop their companies with like-minded people, while continuing to preserve their entrepreneurial roots, corporate culture, brand, and values. For more information, visit certania.com