Seniovo GmbH has been acquired by HORNBACH Baumarkt AG
The shareholders of Seniovo GmbH have sold the company to HORNBACH Baumarkt AG.
Seniovo GmbH specializes in consulting, planning and implementing barrier-free and barrier-arm bathroom conversions. The innovative company operates in a highly digitized manner, thus disrupting the industry. Its service portfolio ranges from planning and applying for subsidies to approval, conversion and billing. Since 2017, Seniovo has implemented more than 3,000 barrier-free or low-barrier bathroom conversions, establishing itself as the market leader in Germany in this segment.
The HORNBACH group is one of the leading corporations in the do-it-yourself industry in Germany and Europe. With approximately 170 large-scale construction and garden stores in nine European countries, along with several online shops, HORNBACH Baumarkt AG provides numerous customers with an optimal and individual shopping experience.
The shareholder’s group consisted of leading venture capital firms such as IBB Ventures, PropTech1 and Hevella Capital, as well as the founders of the company and business angels.
Oaklins’ team in Germany acted as the exclusive advisor to the shareholders and the management of Seniovo in the preparation of the sale process and due diligence, the approach and negotiations with the preferred buyer, and assisted them until closing.
![](/api/deal-hero-image/109499/deal-hero-image.jpg)
![](/api/deal-party-images/109499/deal-parties.png)
![](/api/deal-client-photo/109499/deal-client-photo.jpg)
Jonathan (John) Kohl
Founder and CEO, Seniovo GmbH
Talk to the deal team
Related deals
INNOTEX has been acquired by Clearspring Capital Partners
INNOTEX, a manufacturer of personal protective equipment for firefighters and first responders, has completed a strategic partnership with Clearspring Capital Partners.
Learn moreHaufe-Lexware Real Estate AG has been acquired by Aareon Group, a portfolio company of Advent International
The Haufe Group SE has sold Haufe-Lexware Real Estate AG to Aareon Group.
Learn moreGARAIO has been acquired by Netrics Group
Netrics Group has acquired GARAIO AG as a wholly owned subsidiary. GARAIO will continue to operate as an independent company under the umbrella of Netrics Group. With this acquisition, Netrics Group is further expanding its leading position as a provider of managed cloud and digital workplace solutions as well as consulting services.
Learn more