Services
The service sector is the largest German economic sector and accounts for around 70% of total German gross domestic product (GDP). The service industry sectors include, for example, facility management, environmental services / recycling, education services, personnel services, engineering services, testing / inspection / certification (TIC), construction-related services / craft as well as consulting services.
Due to the heterogeneity within the services industry, the individual sectors are characterised by different drivers and trends and have different market structures. At the same time, there are a distinct M&A activity and consolidation trends in practically every services sector, which, in addition to current issues such as the shortage of skilled labour and artificial intelligence, confront entrepreneurs from the German Mittelstand with new challenges and put them under pressure to act.
Thanks to our successfully completed transactions and our many years of expertise, we have a deep insight into the industry and know the challenges within the individual sectors of the services industry.
Alex Brozmann
Managing Director M&A
Alex Brozmann joined the Hamburg team of DZ BANK’s Corporate Finance / M&A department in 2013 and has advised on numerous transactions since 2008, including deals in the food & beverage, shipping, aviation, retail, consumer goods and pharmaceutical sectors.
Before joining DZ BANK, Alex Brozmann worked for one of the Big Four auditing firms in the audit and Corporate Finance / M&A departments and in the Corporate Finance / M&A department of the former HSH Nordbank.
Alex Brozmann studied Economics in Berlin and holds an MSc in Corporate Finance from Henley Business School / University of Reading (UK).
In his private life, Alex Brozmann enjoys spending time with his family, playing football and is interested in flying.
