NicLen
Prime dry hire services for every event.
NICLEN IN PROFILE
Dortmund-based NicLen is the leading provider of prime dry hire services for professional customers across Europe. The company, founded in 1992, rents out high quality equipment including lighting and audio through its own, integrated logistics network to a large number of diverse events. Reliability and the highest level of customer satisfaction are at the core of NicLen’s values, supported by over 60 dedicated employees.
HOW INVISION PLAYS ITS PART
With Invision’s investment, the family succession from its founder Bodo Valasik to his son Nico is completed. Nico Valasik and Jörg Stöppler will continue to head the Company as Co-CEOs. Both have been running the Company in executive roles for many years. Invision invested in NicLen to support its future growth.
With Invision we have found a partner as convinced of NicLen and the dry hire industry as we, the management team, are. The continued emphasis on our strengths will be at the centre of our joint strategy.
SNAPSHOT
INDUSTRY
Rental Services
NUMBER OF EMPLOYEES
60
INVESTED
2018
TYPE OF INVESTMENT
Succession / Growth capital
WEBSITE
MILESTONES
STRATEGIC INITIATIVES
- Succession management
- Expand product portfolio
- Internationalisation
- Pursue strategically attractive add-on acquisitions in Germany and abroad
OPERATIONAL MEASURES
- Further optimise workflows and processes
- Implementation of additional logistic routes
- Improvement of sales and marketing
- Adding options to finance future growth
