The shareholders of di support, a provider of instant photo printing devices and one of the companies that made FOCUS magazine’s 2020 list of the strongest growing companies in the IT sector, have divested the majority of their shares to the financial investor ACC, based in Hamburg, Germany. In a simultaneous transaction, a minority share was acquired by Kanematsu, a listed company based in Tokyo, Japan. The management of di support continues to hold a significant portion of the shares and remains in charge of running the operating business.
This new shareholder structure is a significant strategic improvement for di support, as a technological leader in its niche, for two reasons. For one, the presence of ACC now gives di support the financial strength to handle its foreseen considerable growth. In addition, the partnership with Kanematsu opens new markets that would have taken di support much more time to tap into on its own, and it creates synergies in the supply chain management and logistics.
Consus Partner was the exclusive advisor to the shareholders of di support throughout the entire sales process.
Despite the extraordinary complexity of this project due to the differing strategic interests of the parties involved, a transaction structure was created that made it attractive to both the management of di support and the new shareholders from their strategic and financial perspectives. Consus Partner played a central role in the process and once again demonstrated its ability to successfully execute complex transactions and, in doing so, to identify the right new shareholders for the deal.