Solution30 acquired assets of B+F Elektrotechnik

MP Corporate Finance acted as exclusive financial advisor to Solutions 30 S.A. in the acquisition of the assets of B+F Elektrotechnik GmbH.

Listed at NYSE’s Alternext market, Solutions 30 is a French service provider in the area of new digital technologies. With more than 1,500 employees, the company serves both the B2B as well as the B2C markets and caters to all industry sectors, amongst others IT/Telecom, Energy, Banking, Hospitality and Retail.

In pursuit of its growth strategy, Solutions 30 acquired the assets of insolvent B+F Elektrotechnik GmbH, a provider of B2B and B2C telecommunication installation services. B+F is an important contractors of one of Germany’s largest internet service providers. Solutions 30 acquired some of the major assets to further develop B+F’s business operations in future.

Founded in 2003, Solutions 30 today is a leading player in Europe and recorded sales of € 77 million in 2012. The company continues to grow and aims to further expand its activities into additional regional markets in Europe.

MP Corporate Finance was retained to develop and conduct a structured Buy-and-Build process in the German IT/telecommunication services market, where Solutions 30 strives to further develop its footprint in the area of B2B network termination installation and last mile services.