Levine Leichtman Capital Partners has announced a new partnership with ENTRO Service GmbH. The firm has bought a majority interest in ENTRO, working alongside the company’s founders, Claudio Tubach and Philipp Westphal, as well as the current management team. While the financial details of the transaction were not disclosed, the move signals LLCP’s confidence in ENTRO’s business model and growth potential.
ENTRO was founded in 2022 through a collaboration between its founders and NGC Nachfolgekapital. The company specializes in services related to entrance systems, fire safety, and access control. These services include testing, inspection, repair, and installation, all delivered through a comprehensive and brand-independent approach. ENTRO helps more than 4,500 clients meet increasingly strict safety regulations and improve operational efficiency across their facilities.
Based in Hamburg, Germany, ENTRO operates through a network of 16 locations and employs over 170 technicians. This nationwide footprint enables the company to serve a diverse range of customers across the country, providing consistent and reliable service.
The leadership team will remain in place following the investment. Founders Claudio Tubach and Philipp Westphal will continue to guide the company alongside CEO Sonja Foremny and COO Jan Ingo Buschmeyer. Their combined experience and commitment to quality have positioned ENTRO as a trusted provider in a sector where safety and compliance are critical.
Advisors: LLCP was advised by Carlsquare (Debt Financing), Fortlane (Commercial), Alvarez & Marsal (Financial & Tax), H&Z (Operational) and Milbank (Legal).
KEY QUOTES:
“We are excited to partner with LLCP on this next stage of growth for ENTRO. Over the last several years we have built ENTRO into a leading technical service provider serving a large base of blue-chip B2B clients, providing nationwide coverage, high agility and innovation leadership. We look forward to further expanding ENTRO’s service offering across our core areas and will continue to remain utmost disciplined in focusing on a non-discretionary, highly recurring TICC, maintenance and repair services mix.”
Philipp Westphal, Founder and Managing Director of ENTRO
“We are thrilled to partner with LLCP and to further accelerate our successful organic and inorganic growth strategy in our core segments. The investment will provide our Company with significant capital as well as support and resources from LLCP to accelerate our ambitious growth plans beyond the DACH region to create a European leader.”
Claudio Tubach, Founder and Managing Director of ENTRO
“ENTRO operates in a highly attractive market that is supported by strong regulatory tailwinds and which is ripe for consolidation. We identified ENTRO as a highly attractive platform based on our extensive experience of investing in route-based service businesses and look forward to supporting the management team with our sector expertise and value creation playbook.”
Josh Kaufman, Head of Europe at LLCP
“We are proud to partner with Claudio, Philipp and the ENTRO leadership team to accelerate organic and M&A growth across the DACH region and internationally. We look forward to leveraging our local presence and pan-European footprint to support ENTRO’s ambitious growth plans.”
Matthias Tabbert, Head of DACH at LLCP
