Augsburg International (AI) and Autonet (SAG)

Overview of the Company​

• Augsburg International is the number 4 supplier in the Romanian aftermarket segment, with a turnover of 116 million euros (2020), being founded 25 years ago by Marius Constantinoiu. 

Overview of the Transaction

• AI has over 650 employees and highest standards of import and wholesale distribution for spare parts in Romania, including mechanics, bodywork, service equipment, fleet mgmt services, for cars and commercial vehicles.
• AI operates out of a central warehouse, 3 regional centers and 36 regional warehouses in Romania, with a nation-wide storage area exceeding 20,000 square meters.
• AI's shareholders in 2019 AI started looking for a strategic partner to support AI in its development efforts towards further gains of market share, as well as supplier and operational efficiencies.
• AI's family owners Marius Constantinoiu (President) and Gina Iordache (CEO) have mandated BCP in 2020 to organize the identification, selection and completion of a transaction with an international strategic partner. 

Importance of the Transaction

• After 25 yeas of entrepreneurial efforts, the owners of AI realize a partial exit value and enter a long-term strategic partnership with a leading international player to drive sales and operational synergies.

Blu Capital Partners' Role

• BCP has organized a competitive selling process, obtaining more than 5 offers from relevant strategic investors.
• BCP has advised AI’s owners in structuring, negotiating and implementing the transaction with the selected investor, the Swiss group SAG.
• This transaction highlights BCP’s capacity in structuring strategic transactions with international investors, as well as its key role in generating favorable outcomes for entrepreneurial companies.