DBAG Fund VII managed by Deutsche Beteiligungs AG (DB:DBAN) along with the management of Kraft & Bauer Brandschutzsysteme GmbH agreed to acquire Kraft & Bauer Brandschutzsysteme GmbH from Invision Private Equity AG, Bauer family and Frank Foddi on September 28, 2018. Following acquisition, DBAG Fund VII, DBAG will hold a majority stake in Kraft & Bauer alongside with the founding Bauer family as well as the current managing director Frank Foddi. The financing for transaction was provided by Kreissparkassen Böblingen and Biberach. The transaction is subject to the approval of the relevant competition authorities and is expected to close in the fourth quarter. Carsten Lehmann, Philipp Noack and Atanas Petkov of IMAP M&A Consultants AG acted as financial advisors for Invision Private Equity AG. Frank Schlobach, Patrick Reuter, Jan-Alexander Lange, Eike Bicker, Marina Stoklasa, Moritz Holm-Hadulla, Dominik Braun and Vanessa Gehle of Gleiss Lutz and Ingo Strauss, Heiko Gotsche, Cosima König, Philippine Dalla Corte, Alexander Fischer, Cathrin Marxer, Agnes Herwig, Anna Verena Böhm, Johannes Teichmann, Ingmar Oltmanns, Daniel Bork, Peter Stankewitsch and Johannes Weichbrodt of Baker & Mckenzie Partnerschaft Von Rechtsanwälten Wirtschaftsprüfern,Steuerberatern Und Solicitors acted as legal advisors to Deutsche Beteiligungs AG. Anne Grewlich, Nikolos Tsagareli, Philipp Vorbeck, André Schaumburg and Ian M. Maywald of Ashurst acted as legal advisors for Kreissparkassen Böblingen and Biberach.