devolo

SOL#3
view Website
04/2024
Information and Communication Technology
Aachen, Germany
Acquired from insolvency
Asset deal

Company Overview

devolo is a leading European developer and manufacturer of products for high-performance home networking. Headquartered in Aachen, the company is a market and technology leader in powerline technology.

devolo offers smart home networking solutions across Europe. With innovative powerline technology, the company delivers stable internet through the electrical wiring to every room — easily, quickly, and reliably. Complemented by modern Wi-Fi repeaters and mesh systems, devolo ensures seamless connectivity throughout the home. In addition, devolo develops forward-looking solutions for smart grids, e-mobility, and the energy sector. For over 20 years, the devolo name has stood for German engineering, innovation, and digital freedom.

Transaction Rationale

devolo has built a strong European consumer brand through technological and qualitative product leadership in the Powerline segment. Based on this brand and its established sales structures – both online and offline – devolo is evolving into a full-service provider in the home networking sector. By expanding its product portfolio with routers and WLAN products, additional business opportunities are emerging in the B2B segment, particularly with telecommunications providers. Building on its technological leadership in Powerline technology, devolo also develops and produces customized solutions for industrial applications, especially in the energy sector. With a strong online focus in the distribution of B2C products, the expansion of its product offering on one side, and the technology-driven industrial business on the other, the company’s growth strategy is sustainably secured.

Investment Highlights

Technological and qualitative product leadership combined with a strong supplier base
High brand awareness with attractive growth potential, particularly in e-commerce
Diversified product portfolio with a balanced mix of consumer electronics, OEM solutions for telecommunications providers, and customized industrial applications
back to overview

Portfolio News

No News found.