Direct Investments

NORD Holding makes acquisition for PDS


NORD Holding portfolio company PDS GmbH from Cologne has taken over market player TCG from Norderstedt.

PDS was already the leader in mobile data capture for transportation and logistics, and has provided more than 300,000 data acquisition devices with customised software to customers such as Nagel, Hermes Logistik and Deutsche Post. "With the acquisition of TCG the product range has expanded into demanding wireless solutions and printer systems and the customer spectrum of leading German retailers", said Dorian Gensel, Investment Manager at NORD Holding and advisor to the board at PDS, explaining the strategic approach. "The PDS Group is now the largest manufacturer-independent system integrator for mobile data collection in the German-speaking area."

PDS CEO Michael Zitzmann sees not only the strong trend of networking and the increased availability of information as critical to the success of the company, but in particular the strategically optimised product portfolio of PDS in recent years. In addition to pure software and hardware PDS offers its customers all the services related to repairs, permanent equipment availability, utilisation of technology, process optimisation, web-based controlling and financing as "MLM" (Mobile Lifecycle Management).

These options will be available to TCG and their customers in the future, which is why all employees in the new structure view this as a real win-win situation.

We are happy that with NORD Holding we have a professional partner who supports our expansion goals with high commitment.

Michael Zitzmann

About NORD Holding

With its 50-year history and over € 2.0 billion assets under management, NORD Holding is one of the leading private equity asset managers in Germany with a focus on direct and fund investments.

The fund investments division targets the small- and mid-cap segment of the European private equity market through primaries, secondaries and co-investments.

NORD Holding has a strong focus on emerging buyout managers, hands-on investment strategies and regularly acts as an anchor investor. The division manages € 1.3 billion and ranks among the top decile fund investment groups in Europe.

The direct investments division of NORD Holding focuses on structuring and financing company succession models, acquiring parts of larger groups/subsidiaries as well as on expansion financing of medium-sized companies. In contrast to most other financial investors, who only manage closed-end funds, NORD Holding acts as a so-called "evergreen fund", thereby investing from its own balance sheet with no maturity restrictions. Currently, the fund has interests in more than 15 companies in the DACH region.

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NORD Holding
Unternehmensbeteiligungsgesellschaft mbH
Christiane Lukas
Walderseestraße 23
30177 Hannover