vitronet

Profile

vitronet is one of the leading service providers for infrastructure expansion in Germany. Among other things, the group benefits from the dynamically increasing demand for high-performance internet connections. Its services range from the project planning of new networks and their construction to the operation and service of fibre optic networks. In addition, vitronet offers services for infrastructure expansion in the energy and utility sectors in Germany. In the energy sector in particular, the group expects an additional growth spurt in the long term: vitronet wants to benefit from the energy transition, because in order to enable eMobility on a large scale, for example, the infrastructure must be transformed. The company's customers are primarily utilities and municipalities.

Management Buyout

Majority investment of DBAG ECF

First invested

June 2017

Revenues 2023

€502mn

As of 30 September 2024

Contact

Ragnar Geerdts

Managing Director

Ragnar Geerdts joined Deutsche Beteiligungs AG in 2012 and became a Managing Director in 2017.

Ragnar Geerdts has over 12 years of experience in private equity. He has extensive knowledge of the automotive supplier and telecommunications industries and in mechanical and plant engineering. He was involved in numerous investments and disinvestments and led the investment process in in-tech, vitronet, netzkontor, von Poll Immobilien, BTV Multimedia, Solvares, DING and DGA. In these companies he sits on the advisory councils. Before joining Deutsche Beteiligungs AG Ragnar Geerdts worked in the area of M&A at Bayer AG and at Deutsche Post AG.

He holds a degree in Business Administration from Freie Universität Berlin, and also studied at the Beijing Foreign Studies University.