A commercial review by maconda supports Aqua Group, a specialist in the restoration of water and fire damage, with refinancing
maconda-News April 2025
The maconda team advised the water and fire damage restoration specialist Aqua Group and its majority shareholder Rantum Capital back in 2024 with a comprehensive commercial review. The insightful analysis was also used in 2025 to support the growth financing, which has now been successfully completed.
maconda’s highly experienced Cologne-based consultants, with deep expertise in the construction industry and business services, particularly in water and fire damage restoration, analysed Aqua Group’s business back in 2024. Since 2021, the company has grown continuously through both organic development and a buy & build strategy, driven by the Frankfurt-based investor Rantum CEO and industry expert Hartwig Finger. As with many of its projects, maconda relied on a well-balanced combination of exploratory interviews and quantitative data. Structured expert interviews with insurance companies, industry associations, research institutes and weather experts helped the team identify key decision-making factors, emerging trends, and operational opportunities.
In 2025, the group was due for refinancing. The capital provided by Crescent Capital will be used to refinance earlier acquisitions and lay the foundation for further company takeovers, in line with the ongoing buy & build strategy. Currently, the group’s companies primarily operate in central and southern Germany. The planned acquisition of additional businesses in strategically important regions such as northern Bavaria and North Rhine-Westphalia marks another significant step in developing the platform into a leading provider of water and fire damage restoration services across Germany.
The German market for building damage restoration has experienced dynamic growth in recent years. The ageing property stock, particularly in western Germany, is especially susceptible to damage caused by leaking water pipes. At the same time, the increasing cost of home furnishings, which often include numerous electronic devices, is driving up insurance claims. Furthermore, the frequency of severe weather events such as storms and flooding lead to an increasing number of claims and higher loss amounts.
Due to the stable and crisis-resistant market environment, a new commercial review was not required. Instead, the 2024 version was made available to potential partners in preparation for the refinancing, in consultation with maconda.
About the Aqua Group
Aqua Group GmbH is a leading nationwide provider of water and fire damage restoration services. It has over 35 branches and more than 550 employees. Founded in 2021 through the acquisition of an initial platform for a buy & build strategy, the group aims to consolidate independent providers that share a family business culture. Aqua Group has a diverse client base and completes over 30,000 projects each year. These include assessing, removing and drying damage, followed by complete restorations. The company acts as a central point of contact for insurers, property managers, claimants and other parties involved.
maconda expands its expertise in the construction industry and in the area of personalised services
In recent years, the maconda team has repeatedly and intensively dealt with various segments of the construction industry and complex, often very labour-intensive services. In the field of damage restoration, maconda has significantly expanded its expertise through several successful projects and is likely the most experienced advisor in the German-speaking region. In addition, the team has extensive expertise in a wide range of business-related service sectors and ranks among the most active transaction advisors in this area.
Extensive industry experience: construction industry | water and fire damage restoration | technical trades in many trades | products for passive structural fire protection | gardening and landscaping | explosive ordnance disposal | fire protection technology | electrical engineering products | lighting technology | building materials | pipe systems | facility management | building cleaning | technical inspection of buildings and facilities | services in highly regulated markets | property management | company-related services | temporary employment | engineering services | various niche markets
About maconda
For more than 20 years, maconda has been providing support for company takeovers, performance optimisation and restructuring. With over 800 consulting and implementation projects and more than 450 transaction-related mandates, maconda has extensive experience in providing pragmatic support for even the most challenging projects. Clients include medium-sized companies, business units of large corporations as well as international private equity investors and family offices.
maconda sector expertise: construction | manufacturing | B2B services (incl. business process outsourcing) | B2C services | consumer goods | food | retail & ecommerce | packaging | future technologies & software | healthcare & medtech
maconda core topics: Transaction consulting | commercial due diligence | Business model development | Performance management