Deutsche Beteiligungs AG

**Company Overview:** Deutsche Beteiligungs AG (DBAG) is a publicly listed investment firm based in Frankfurt, Germany, founded in 1965. The firm specializes in management buyouts and late-stage investments in middle-market companies across various sectors including automotive supplies, machine and plant construction, printing, media, packaging, industrial services, and measuring and automation technology. DBAG primarily invests in companies located in Germany and German-speaking countries, targeting firms with revenues between 50 million to 500 million euros.**Goals and Philosophy:** DBAG focuses on well-positioned medium-sized companies (Mittelstand) with growth potential, especially in the industrial, IT services/software, and healthcare sectors. Their investment philosophy emphasizes strengthening the strategic positioning of their portfolio companies, fostering growth through broader product ranges or regional expansion, and capitalizing on market-leading positions with innovative products.**Investing Thesis:** DBAG is committed to investing in companies that possess a proven and scalable business model. Their strategy includes add-on acquisitions for growth, emphasizing management teams capable of steering the companies toward achieving set goals. They maintain a focus on structural trends within the sector, targeting investments in mechanical and plant engineering, tech, and expanding into growth sectors like broadband telecommunications and healthcare. The investment scale typically ranges from 50 to 250 million euros, with potential structures for investments up to 400 million euros. They focus on majority equity investments in succession planning, significant corporate changes, and growth financing aimed at new market opportunities or product development.