CMS advises owner family on sale of development and manufacturing service provider SERO to Deutsche Beteiligungs AG
Stuttgart – Private equity firm Deutsche Beteiligungs AG (DBAG) is investing in SERO Schröder Elektronik Rohrbach GmbH (SERO), the holding company behind SERO GmbH & Co KG, a development and manufacturing service provider for electronic components. The sellers are company founder Armin Schröder and members of his family. DBAG and the fund it advises, DBAG Fund VII, will acquire both SERO and its business premises from the Schröder family. The current management team will take a stake in the company. The purchase agreement is expected to close in November 2018.