Invest selectively.
Develop sustainably.
We want to enter into partnerships with established medium-sized companies in Germany, Austria and Switzerland. We are enthusiastic about resilient businesses that occupy an expandable position in their growing target markets, can clearly differentiate themselves from the competition, have convincing growth potential and possess an established management team.
We focus primarily on the industrial technology, business and IT services, software and healthcare sectors – particularly medical technology – and are convinced that sustainable value creation depends less on the industry and more on the quality of the business model, market position and entrepreneurial team.
In addition to traditional business succession (MBI and MBO), growth and expansion financing, shareholder changes and carve-outs are central components of our approach – always with a clear focus on sustainable value creation and long-term development prospects.
Investment criteria
- Majorities of up to 100%, depending on the situation also influential minority stakes
- EBITDA approx. > € 3m
- Consistent profitability (EBITDA margin > 10 %)
- Equity investment of € 20–50m per platform
- Selectively also smaller companies as part of add-on acquisitions
The investment criteria form the framework for our investments in small and medium-sized enterprises. They ensure that we can support companies with robust profitability and sufficient scaling potential – both through strategic initiatives and targeted acquisitions. They create the basis for an active, value-oriented investment strategy.
Focus on core industries
The industrial technology sector includes medium-sized companies that develop, implement and optimise innovative technologies, sophisticated mechanical engineering or industrial processes. We invest in business models that combine technological innovation, industrial performance and strong market positions. The focus is on technological excellence, robust manufacturing processes, scalable products and system solutions, and stable competitive advantages. In addition to classic mechanical and plant engineering expertise, we are particularly interested in companies that have already integrated digital or process-based value drivers or want to expand them further.
In the business & IT services sector, we invest in companies that use their in-depth industry knowledge to increase process efficiency and create added value for their customers through scalable IT solutions. We support management teams in further developing their service portfolio, professionalising structures and securing sustainable growth.
In the software segment, we invest specifically in companies with scalable products, clear technological differentiation and recurring revenue models. Our focus is on growth-oriented platforms with sustainable competitive advantages that can continue to grow through product innovations and new areas of application – both organically and inorganically. Our collaboration with management teams aims to accelerate growth, realise strategic expansions and increase long-term corporate value.
In the healthcare sector, particularly medical technology, we invest in companies with innovative products, robust regulatory structures and scalable business models. We value viable clinical differentiation, sustainable competitive advantages and strategic positioning in growing healthcare markets. Together with the management team, we support the optimisation of product development, approval processes, operational efficiency and the expansion of national and international sales and partnership networks.