Press Release
March 30, 2026

Goodwin advises UPFRONT GROUP on the Financing of the Acquisition of Heidersberger and Rudolf Schweiger Abdichtung und Isolierbau

Goodwin has advised UPFRONT GROUP (“UPFRONT”), a portfolio company of AUCTUS Capital Partners (“AUCTUS”), on the financing of the acquisition of the Heidersberger Group ("Heidersberger") and Rudolf Schweiger Abdichtung und Isolierbau-GmbH & Co. KG ("Schweiger").

Founded in 2023 following the acquisition of a stake in Rossmanith GmbH, UPFRONT is developing an integrated platform for building envelope solutions based on a clear industrial approach: In a fragmented market environment, UPFRONT brings together specialised medium-sized companies, thereby creating a high-performance network spanning the entire value chain of a building envelope, covering various service levels (design, construction, maintenance), trades (roofing and facades) and materials (timber, aluminium, sheet metal, glass, clinker and bitumen).

With over 470 investments in the last 25 years, AUCTUS is the most active investment company for European SMEs. AUCTUS investments focus on majority shareholdings in companies with annual sales of between EUR 10 million and EUR 150 million. The platform holdings, with a total of over 200 individual companies, generate annual sales of EUR 4 billion.

Goodwin’s transaction team consisted of Folko Moroni, Winfried Carli, Jakob Lutzenberger and Philipp Lehle (all Private Equity/Debt Finance, Munich) as well as Philipp Lauer (Tax, Munich).