ARTUS and Castik Capital enter partnership

15.07.2022

The founders and the management team of ARTUS, consisting of Josef Bölle, Hendrik Poppinga, Benjamin Schmittgall, Ingo Ites, and Thomas Born, have entered into a partnership with Castik Capital, which entails a majority stake acquisition of ARTUS through the Castik Capital managed EPIC II fund.

ARTUS is one of Germany’s leading property damage restoration companies in the field of fire, water, and elementary damages, as well as construction drying and heating. With currently more than 350 employees across 24 branches, ARTUS covers all steps of the value chain, offering an extensive portfolio of services along the entire claims process as a one-stop-shop provider. In 2021, ARTUS processed over 10,000 claims in Germany and consistently delivers market-leading quality with short response times and a high level of expertise across all of ARTUS’ services.

"In Castik, we have found our partner of choice who will support and promote our growth as well as our strategic goals. The experience of the partners and the trust shown in our culture and company DNA convinced us of Castik, and we are looking forward to a close cooperation in the coming years," says Josef Bölle, founder and CEO of ARTUS.

"We would like to thank the founders and the management team for the trust they have placed in us, and we are very much looking forward to developing the company together. ARTUS is a unique platform in an industry that is not significantly exposed to the greater economic development, providing essential services for real estate owners and tenants throughout Germany," said Michael Phillips, Partner at Castik Capital.

About ARTUS

ARTUS, headquartered in Isernhagen and Leipzig, is one of Germany’s leading property damage restoration companies in the field of fire, water, and elementary damages, as well as construction drying and heating. With currently more than 400 employees across 28 branches, ARTUS covers all steps of the value chain, offering an extensive portfolio of services along the entire claims process as a one-stop-shop provider.

ARTUS consistently delivers market-leading quality with short response times across all of its services and, together with its sister company Bautrocknung Schmittgall, successfully processed over 10,000 claims in Germany in 2021.

For more information about ARTUS, visit www.artus-bsg.de

About Castik Capital

Castik Capital S.à r.l. (“Castik Capital”) manages investments in private equity. Castik Capital is a European Private Equity firm, acquiring significant ownership positions in European private and public companies, where long-term value can be generated through active partnerships with management teams.

Founded in 2014, Castik Capital is based in Luxembourg and focuses on identifying and developing investment opportunities across Europe. Investments are made by the Luxembourg-based fund, EPIC II SLP. The advisor to Castik Capital S.à r.l. is Castik Capital Partners GmbH, based in Munich.