INVENSITY advises HANNOVER Finanz on the investment in PAUL Tech AG with a technical due diligence

December 22, 2023 – Reading time: 4 minutes

  • Mannheim-based climate tech company PAUL Tech AG receives 40 million euros as part of growth financing
  • Technology and management consultancy INVENSITY provides technical due diligence

Wiesbaden, December 22nd, 2023 – The technology and management consultancy INVENSITY GmbH advised HANNOVER Finanz (HF) on its investment in PAUL Tech AG (PAUL) and conducted the technical due diligence.

With this investment, HANNOVER Finanz is expanding its involvement in the rapidly growing market for innovative solutions and technologies to mitigate climate change. PAUL will use the newly provided funds in particular for investments and further growth.

With its core product PAUL Performance, the company has developed a system that it claims can reduce energy consumption and therefore energy costs in buildings by up to 40 percent through permanent adaptive hydraulic balancing in real time. This also makes it possible to install heat pumps in buildings where this was previously not technically feasible.

«PAUL’s technical solution is highly innovative and supports the real estate industry in achieving its climate targets. At the same time, the product is minimally invasive and comes without any additional burden for tenants and landlords,» says Matthias Welge, Head of Investor Support at INVENSITY.

The system, which is controlled by intelligent software using artificial intelligence, is designed to enable owners of buildings of all asset classes to increase their energy efficiency class and thus the value of their property and obtain better financing conditions.

PAUL’s customers include property owners’ associations, housing associations, real estate investors and commercial enterprises.

The technical due diligence was conducted at INVENSITY by:

  • Mattias Welge (Head of Investor Support, Lead)
  • Daniel Meyn (Principal Consultant, Technology)
  • Simon Hofmann (Principal Consultant, Software/AI)

About HANNOVER Finanz Group

HANNOVER Finanz, founded in 1979, has more than 40 years of experience as an equity capital partner for medium sized enterprises. The private equity house based in Hanover and with an office in Vienna was one of the first venture capitalists in Germany and the German-speaking region. It is a second generation owner-managed investment company. Well-known businesses such as Fielmann, Rossmann and AIXTRON have achieved their growth with equity capital from HANNOVER Finanz and have taken advantage of the entrepreneurial support provided. Since its foundation, the equity capital partner for medium sized companies has completed over 250 projects and invested over two billion euros. The reasons for investment are mainly to finance growth and corporate succession in sound medium sized businesses with annual sales of at least 20 million euros. The HANNOVER Finanz Group is one of the few private equity houses in Germany to take on minority as well as majority shareholdings. The portfolio currently comprises 34 companies.

Visit HANNOVER Finanz’s website to learn more.

About PAUL Tech AG

PAUL is the specialist for the digital transformation of the real estate industry. PAUL Tech AG enhance the energy efficiency and digitalize central building systems by installing intelligent hardware in water-bearing systems. PAUL make existing buildings CO₂ neutral with the help of artificial intelligence, with little investment and without any loss of comfort for the residents. Investors and operators rely on PAUL to make their properties future-proof and preserving their value. PAUL currently serves more than 150 companies in the real estate industry with more than 100,000 residential units.

Visit PAUL’s website to learn more.

About INVENSITY GmbH

INVENSITY is a technology and management consultancy with an international scope. It runs offices in Hamburg, Düsseldorf, Wiesbaden, Stuttgart, Munich, Detroit (USA), Barcelona (Spain) and Manila (Philippines). Investor Support Practice advises buyers and sellers on international M&A activities of companies with key competencies in innovative technology solutions. The focus is on commercial, operational, technical and IT due diligence for the following industries:

  • Software / IT
  • Automation / Robotics
  • Clean / Climate Tech
  • Electronics and Semiconductor
  • Automotive and Transportation
  • Medical Devices
  • Energy and Building Technology
  • Optics

Further Information

INVENSITY GmbH, Mainzer Str. 19, 65185 Wiesbaden, Deutschland, Tel. +49(0) 0611 504 754 0,
E-Mail: info@invensity.com, Web: www.invensity.com

Press Contact

Authors

  • Matthias Welge

    Head of CoE Mergers & Acquisitions

  • Daniel Meyn

    Principal Consultant

  • Simon Hofmann

    Principal Consultant

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