Investment focus

  • Operationally stable and cash-flow producing SME (small- and medium-sized enterprises) based in Germany and bordering geographies
  • Equity commitments of between € 10 mm and € 100 mm per deal. Highly adaptable with respect to timing and specific structuring.
  • High degree of transaction-specific flexibility coupled with openness towards alternative deal formats: MBO/MBI, Growth Capital, Spin-Offs/ Carve Out Structures, Buy and Build, PIPE, Public-to-Private, Mezzanine / PIK
  • Flexibility regarding majority and minority investments
  • Third-party co-investment optionality

Sectoral focus

  • Clear preference for business sectors with a fundamentally stable medium- to long-term perspective
  • Previous investments include retail and FMCG, light industries & manufacturing, internet & services, TMT as well as healthcare
  • Agnostic position with respect to market segments (private and public) as well as business cycle

Our role as investor and owner

  • Our investment horizon is a function of our value creation agenda and always depends on the individual long term potential of any given company. We do not rule out „evergreen“ buy-and-hold structures.
  • A strict alignment of interests amongst all stakeholders is key to unlocking true value. We see ourselves as entrepreneuers investing alongside other entrepreneurs

Value creation

  • Unlocking hidden value reservoirs through focusing on hitherto untapped operational potentials
  • Optimization of equity- and debt-structures
  • Close cooperation with executive and operational management with respect to concrete planning, effective implementation and sustainable target realization
  • No speculative „quick flips“ or momentum-driven investments