AVS Group

Leading provider of traffic safety equipment and services

 

Company

AVS was founded in 1961. Since then the company has become the leading provider of traffic safety equipment and Services in Germany. AVS provides comprehensive Services ranging from planning, liaising with public authorities, the rental & sale of traffic safety products to the execution and controlling of safety assurance measures. AVS provides a wide range of certified traffic safety products, such as portable traffic light systems and mobile crash barriers. AVS group consists of four independently managed operating units operating 13 locations across Germany.

Initial Situation

After many years of strong growth AVS's owner was looking for a partner who would support him in the further regional expansion of the group as well as the ongoing strategic development of the company and ist personnel. In November 2013 Steadfast Capital Fund III, LP, acquired a majority stake in AVS group. Further add-on acquisitions as well as the increasing maintenance requirements of the German transport infrastructure provide AVS with strong growth opportunities.


Corporate Development

Since its acquisition in November 2013 Steadfast Capital has worked closely with the management of AVS and has supported the following projects for the company's development:

  • Merging the companies into a group with the establishment of central functions (purchasing, finance and accounting, etc.)
  • Regional expansion through the acquisition of two local competitors and the establishment of two new operating units
  • Continued investment in the expansion of the crash barrier rental pool
  • Implementation of a management incentive programme
  • Internationalisation of the product business