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

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 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

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