DGAP-News: SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity receives CFIUS approval for SGT Capital's acquisition of Utimaco


 

DGAP-News: SGT German Private Equity GmbH & Co. KGaA / Key word(s): Private Equity/Miscellaneous
SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity receives CFIUS approval for SGT Capital's acquisition of Utimaco

26.11.2021 / 14:47
The issuer is solely responsible for the content of this announcement.


+++ Press release +++
 

SGT German Private Equity receives CFIUS approval for
SGT Capital's acquisition of Utimaco

 

Frankfurt/Main, 26 November 2021 - SGT German Private Equity in Frankfurt (SGF), a listed private equity asset manager, announces that the Committee on Foreign Investment in the United States (CFIUS) has completed its thorough review of the transaction in Utimaco including SGT Capital and its principals, and granted approval. This and other regulatory approvals are required to close the acquisition of Utimaco, which was signed in August 2021.

Utimaco is a global leader in high-end cybersecurity software with headquarters in Aachen, Germany, and Campbell, California, and considered by the US and German governments to have national security implications, as such requiring CFIUS approval. The CFIUS process included participation of the US Department of Homeland Security and review the proposed transaction, as well as SGT Capital and it's principals.

The closing of the transaction remains subject to the approval of the Bundesministerium für Wirtschaft und Energie. If this approval was not granted before year end, it would become subject to an approval of UK authorities as well, because of the Brexit and an exemption from such approval requirement ending on 31.12.21.

The transaction is expected to close shortly after all necessary approvals have been granted. The equity invested in Utimaco in the three-digit million euro range will be managed by SGT Capital Pte. Ltd. (SGTPTE), a wholly owned subsidiary of SGF.

Despite of the first close of its new Private Equity Fund, SGT Capital Fund II, having been linked to the closing of the Utimaco transaction and hence delaying a bit, the management of SGTPTE expects SGTPTE to be profitable already in 2021. The asset management business model of SGT German Private Equity is not affected by the Covid-19 pandemic.


Investor Relations Contact

Deep Value Advisors
Dirk Schmitt
[email protected]
+49 170 302 8833

About SGT German Private Equity

SGT German Private Equity is a Germany-based listed private equity asset manager with registered office in Frankfurt/Main. Its 100% subsidiary SGT Capital Pte. Ltd. is a global alternative investment and private equity asset manager headquartered in Singapore.

For its new, sector-agnostic private equity fund SGT Capital Fund II with a geographical focus on Europe and North America and a fund lifetime of ten years, SGT is aiming for a target fundraising volume of 1 to 3 billion USD. The management team has many years of senior experience at renowned addresses - global private equity houses, management consultancies and investment banks.

From its origin as a leading German venture capital provider under the German Startups Group brand SGT German Private Equity also holds a heritage portfolio of minority stakes in some promising German Startups.



26.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: SGT German Private Equity GmbH & Co. KGaA
Bockenheimer Landstraße 47
60325 Frankfurt am Main
Germany
Phone: 069-348690520
Fax: 069-348690529
E-mail: [email protected]
Internet: www.sgt-germanpe.com
ISIN: DE000A1MMEV4
WKN: A1MMEV
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Tradegate Exchange
EQS News ID: 1252304

 
End of News DGAP News Service

1252304  26.11.2021 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 9,61 12,53 16,45 0,13 11,10 13,32 0,00
EBITDA1,2 2,70 2,34 4,84 -1,12 6,79 2,61 0,00
EBITDA-Marge3 28,10 18,68 29,42 -861,54 61,17 19,59
EBIT1,4 2,27 1,72 4,19 -1,12 5,61 -5,31 0,00
EBIT-Marge5 23,62 13,73 25,47 -861,54 50,54 -39,87 0,00
Jahresüberschuss1 1,68 -0,68 3,42 -0,74 14,08 6,85 7,00
Netto-Marge6 17,48 -5,43 20,79 -569,23 126,85 51,43 0,00
Cashflow1,7 -2,00 -1,60 0,88 -1,75 -5,83 10,76 0,00
Ergebnis je Aktie8 0,14 -0,05 0,26 -0,05 0,28 0,16 -0,07
Dividende8 0,00 0,00 0,00 0,00 0,02 0,02 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Mazars

INVESTOR-INFORMATIONEN
©boersengefluester.de
SGT German Private Equity
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1MMEV 0,555 5,32
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 8,34 0,00 8,95
KBV KCV KUV EV/EBITDA
0,30 0,49 0,40 2,61
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,02 0,00 0,00 28.06.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
08.09.2023 19.05.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-47,69% -61,83% -61,72% -64,19%
    
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Beteiligungen , A1MMEV , SGF , XETR:SGF