HEUKING Advised Prime Pulse SE On Its Sale Of Tele Alarm Europe Gmbh To ASSA ABLOY
HEUKING advised Prime pulse SE on its sale of Tele Alarm Europe GmbH to ASSA ABLOY
HEUKING advised PRIMEPULSE SE on the sale of its stake in Tele Alarm Europe GmbH and its European subsidiaries to ASSA ABLOY Deutschland GmbH.
Tele Alarm Group is a leading provider of hardware and software solutions enabling elderly and physically disabled individuals to live independently at home or in care environments. The group employs approximately 70 people and generated sales of around EUR 30 million in 2024.
ASSA ABLOY Deutschland GmbH is part of ASSA ABLOY group, a leading global provider of access solutions. ASSA ABLOY offers innovative products and services in the field of door and security technology and manufactures mechanical and electromechanical locks, locking systems, and access control systems. The group employs some 63,000 people worldwide and generates sales of around SEK 150 billion (about EUR 13.128 billion). ASSA ABLOY, headquartered in Stockholm, Sweden, operates sites in Germany, Switzerland, Belgium, the Netherlands, and Austria.
PRIMEPULSE SE is the investment company of the founders of Tec DAX-listed IT service provider CANCOM SE. PRIMEPULSE invests in growth-oriented IT and technology companies in the Germany/Austria/Switzerland region. Its portfolio companies benefit from PRIMEPULSE’s many years of experience and strong network in the IT sector, as well as its deep understanding of business models and markets, which it actively contributes to their strategic development.
The Heuking team was led by Boris Dürr (Partner), and Christian Schild, LL.M. (Partner), regularly advised PRIMEPULSE SE on M&A transactions, most recently on the acquisition of Samhammer, the sale of a majority stake in IT service provider glueckkanja AG, and the sale of a majority stake in Stemmer Imaging AG to MiddleGround Capital.
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