Long-term perspective
We build enduring enterprise value and do not make decisions under the time pressure of a predetermined fund cycle.
Investment approach
Capital follows substance.
Development creates value.
We seek profitable, specialised B2B companies whose market position can be materially strengthened through long-term ownership and operational development.
€2–25mtypical annual revenue
DACHgeographic focus
B2Bspecialised market position
Long termwithout a predetermined exit cycle
01 — Selection
What makes a company compelling to us.
Size alone does not decide. We look for economic substance, a defensible market territory and concrete levers for the next stage of development.
01
Demonstrated profitability
Positive operating earnings, resilient cash flows and transparent earnings quality.
02
Relevant market territory
Specialisation, customer loyalty, process knowledge, technology or regulatory expertise create switching barriers.
03
Development potential
Concrete opportunities in pricing, sales, productivity, leadership, digitalisation or AI.
04
Viable transition
Owner knowledge, key relationships and responsibility can be transferred in a structured way.
05
Cultural fit
Responsibility, reliability and the willingness to develop shape the business.
02 — Structure
Acquire a majority. Continue entrepreneurially.
We prefer majority investments and full acquisitions. The specific structure reflects the succession situation, the owners' objectives and the capital needs of the next phase.
Decentralised responsibility
The company remains close to customers, employees and its market. The holding strengthens without over-centralising.
Disciplined allocation
Investment follows clear priorities and measurable impact on cash flow, market position and future readiness.
Operational value creation
Organisation, leadership, sales, processes and technology are developed as one connected system.
Does your company fit our profile?
An initial assessment is straightforward and confidential. We only need a few key facts about the business, the situation and your objectives.