Enpal B.V.
Enpal is a German-based solar solutions provider with over 55,000 customers.
Country: Germany
Sector: Renewable Energy
Deal type: Secondary Placing (pre-IPO)
Transaction size: EUR 47m
Berenberg Role: Financial Advisor to the Selling Shareholders and Enpal
Timing: November 2023
Skycell AG Private Placement
Rejuveron Growth Funding
Biobest
Founded in 1987, Biobest is a global leader in sustainable crop management and bumblebee pollination. The company acts as a one-stop-shop provider, offering Integrated Pest Management (IPM) solutions for high value crops, ranging from living organisms to biopesticides.
Country: Belgium
Sector: AgTech
Deal type: Growth funding in connection with the acquisition of Brazilian company Biotrop
Target description: Biotrop is leading Brazilian AgTech focused on biologicals and natural solutions for agriculture
Deal structure: To finance this transaction, Biobest proceeded to a capital increase which was subscribed by some of its existing shareholders (Sofina, some Belgian families, and management) and by new shareholders (Tikehau Capital, M&G Investments, Unigrains, Sofiprotéol and several families close to its majority shareholder, Floridienne)
Target valuation: c. EUR 532m
Berenberg Role: Equity Financing Advisor
Timing: September 2023
EIT InnoEnergy
Founded in 2010, EIT InnoEnergy is the leading innovation engine in sustainable energy. InnoEnergy accelerates, de-risks and boosts global business cases through its unique and trusted ecosystem of more than 1200 partners. It currently has a portfolio of 200 companies, three of which are unicorns, on track to generate €110 billion in revenue and save 2.1G tonnes of CO2e accumulatively by 2030.
Country: Netherlands
Sector: Energy
Deal type: Funding Round
Investment size: EUR 140m
Use of Proceeds: Increase new deal flow, support the current 200 portfolio companies in their growth, accelerate the launch of new industrial champions, capture opportunities created by new regulatory framework and boost expansion in the US.
Berenberg Role: Financial Advisor
Timing: September 2023
Enpal B.V.
Enpal is a German-based solar solutions provider with over 55,000 customers.
Country: Germany
Sector: Renewable Energy
Deal type: Secondary Placing (pre-IPO)
Transaction size: EUR 58m
Berenberg Role: Exclusive Financial Advisor to the Selling Shareholders and Enpal
Timing: June 2023
Enpal B.V.
Enpal is a German-based solar solutions provider with over 55,000 customers.
Country: Germany
Sector: Renewable Energy
Deal type: Secondary Placing (pre-IPO)
Transaction size: EUR 24m
Berenberg Role: Exclusive Financial Advisor to the Selling Shareholders and Enpal
Timing: March 2023
Biobest Group
Founded in 1987, Biobest is a global leader in sustainable crop management and bumblebee pollination. The company acts as a one-stop-shop provider, offering Integrated Pest Management (IPM) solutions for high value crops, ranging from living organisms to biopesticides.
Country: Belgium
Sector: AgTech
Deal type: Funding Round
Investment size: EUR 98.5m
Use of Proceeds: Support future development of the Company, accelerate Biobest’s M&A strategy
Berenberg Role: Exclusive Financial Advisor
Timing: February 2023
Enpal GmbH
Enpal is a German-based solar solutions provider with over 30,000 customers.
Country: Germany
Sector: Renewable Energy
Deal type: Growth Funding
Investment size: EUR 215m
Use of Proceeds: Addition of new products, expansion to new markets and further development of the company’s multi-awarded smart energy platform.
Berenberg Role: Exclusive Financial Advisor to Enpal
Timing: January 2023