unyer advisors from Luther and Fidal provided guidance to init innovation in traffic systems SE during its recent acquisition of DILAX Intelcom GmbH, a hardware and software provider for urban spaces.
The acquisition aims to boost init’s growth through the development of urban mobility concepts and digitalisation solutions. Fidal and Luther, members of unyer, collaborated to make the acquisition possible.
DILAX is specialised in hardware and software solutions for urban spaces in 30 countries. The acquisition also involved a consortium of Best friends firms in five countries led by Private Equity partners Philipp Glock and Michael Ströbel. Fidal’s advisors Christine Blaise-Engel and Alice Godeberge provided French guidance on the acquisition in France.
To ensure a smooth and successful outcome, the unyer network played a key role in advising and supporting init throughout the acquisition process. Luther’s expertise in Private Equity investments and M&A transactions was complemented by Fidal’s in-depth knowledge of the technology sector.
“The acquisition of DILAX gives us access to over 300 long-standing clients and strengthens our position in the rail market in Europe and North America. At the same time, we can leverage synergies in the development of new hardware and software products,” says Dr. Ferber, CFO of init. He expects positive effects on incoming orders, sales and earnings as early as the 2024 financial year.