DEAL NEWS
Munich / Berlin 31st July 2024 - BigRep SE, a manufacturer of large-format 3D printers specialising in additive manufacturing ("AM"), which was formed from the merger of BigRep GmbH and SMG Technology Acceleration SE, today celebrated a successful stock market debut on the regulated market of the Frankfurt Stock Exchange (General Standard). The initial share price was EUR 11.20 and the market capitalisation thus around EUR 163 million.
WTS Advisory AG acted as financial advisor to BigRep GmbH in the preparation and realization of the IPO and also provided intensive support with the IFRS conversion.
"With SMG Technology Acceleration SE, the WTS Advisory team identified the ideal partner for our further growth and advised us on key steps towards today's stock market debut in a spirit of partnership and goal-orientation. In addition, our colleagues at WTS Advisory AG supported us efficiently and reliably with the necessary IFRS conversion of our HGB financial statements for the listing prospectus," commented Dr Reinhard Festag, CFO of BigRep SE.
"I congratulate Dr Reinhard Festag and the entire BigRep team on this milestone. This brings BigRep a big step closer to its goal of becoming one of the leading European manufacturers in industrial additive manufacturing. The company's potential is huge," explains Dr Heiko Frank, Partner M&A Deal Advisory at WTS Advisory. Frank adds: "I would like to thank Dr Festag very much for the trust he has placed in us. WTS Advisory AG and its deal advisory team have an extensive track record in the transaction environment, and we are very pleased that we were able to support BigRep with our expertise in this step."
WTS M&A Advisory Team
Dr Heiko Frank, Partner
Alexander Muires, Senior Executive Advisor
Armin Schöpke, Senior Manager
About WTS Advisory AG
WTS Advisory is an independent, innovative solution provider for goal-oriented consulting and active operational support for companies along the entire CFO agenda. This includes solutions ranging from external reporting, optimization of the finance department, governance, risk & compliance issues to M&A and transaction advisory and support for digital transformation on the way to "Next Generation Finance".
WTS Advisory is part of WTS, a global full-service provider for tax advisory services and financial & deal advisory. WTS is represented at 14 locations in Germany and in more than 100 countries worldwide.
The Deal Advisory division of WTS Advisory & WTS offers integrated advice on financial (WTS Advisory) and tax (WTS) aspects along the entire transaction process. The WTS Advisory Deal Advisory team supports corporate transactions, for example in the form of financial due diligence investigations and other buy-side and sell-side services as well as valuation services such as expert and indicative company valuations, purchase price allocations, impairment tests and post-deal implementation. The WTS Transactions Advisory team provides expert advice at every stage of a corporate transaction. Starting with tax due diligence, through structuring and negotiating the company purchase agreement to post-deal implementation.
Further information at wts-advisory.com/en
