Company overview

Multimon is a leading supplier of turnkey fire protection systems. Delivering a full service solution from planning to installation and right through commissioning, its growing customer base spans the industrial, commercial and service sectors.

The business is headquartered in Kirchheim, near Munich, and operates from seven locations in Germany and a further eight in Eastern Europe.

A strong market position and the prospect of attractive organic and inorganic growth convinced DBAG to invest in Multimon in 2020. Its value creation plan centres on:

  • Strengthening Multimon’s processes and systems;
  • Further building and developing the ‘servicing’ side of the business;
  • Buy & Build, including the successful integration of acquired companies;
  • Further international growth.



DBAG decided to establish an Advisory Board to help the management team deliver on the value creation assumptions and provide experienced sparring partners. Directorbank’s Dorothea Kronenberghs was approached to fill the roles.

The ideal candidates would have relevant industry experience as well as functional and situational expertise in developing a service business including internationalisation. A track record in Buy & Build, post merger integration and working with Private Equity was also important.


Having quickly grasped the brief, Dorothea conducted a full search process drawing on Directorbank’s international network and the knowledge of the wider Directorbank team.

After assessment and interview, a shortlist of highly experienced candidates was presented to the Multimon/DBAG team for review and ultimately Wolfgang Hartwig and Philippe Mauguy were successfully appointed to the Multimon Board.


Wolfgang Hartwig is the former longstanding CFO of Minimax GmbH, a 4x PE-backed leader in the development and supply of fire protections systems. He truly understands the industry and brings deep knowledge of both M&A and the PE value creation process.

Philippe Mauguy is an experienced international CEO who has a highly relevant industry background particularly from his time as President-Continental Europe at UTC Fire & Security/Chubb Fire, a $1.3bn revenue supplier of fire safety and security products. He was instrumental in furthering international growth as well as building a strong and profitable service business. In addition he brings a broad and successful PE portfolio track record, latest as CEO of Safetykleen International.