Shahram Rezasade

Private Equity: Patrimonium and Wille Finance acquire majority stake in :em engineering methods AG located in Darmstadt (DE). This strengthens Patrimonium Private Equity's portfolio positioning in the IT & Digital Transformation sector in addition to GroupLink and TestSolutions GmbH, and on business models characterized by technological change. With a team of over 100 experts, :em engineering methods AG covers the entire product life cycle and enterprise architecture of medium-sized and blue chip companies in the industrial and automation, mobility and transportation, electrical and IT, aerospace and medical technology and life science sectors. :em engineering methods (:em AG) offers a portfolio of consulting services and IT applications, including the proprietary AI-supported Saas solution ReqMan. The aim is to further boost :em AG's growth as a part of Patrimonium Private Equity's portfolio. Erik Claassen, Christian Donges, Sven Kleiner and Marcus Krastel remain as relevant co-owners and managing directors on the company board and implement the defined strategy. "...we have looked closely at finding the ideal partner for our next growth step. The partnership-based ... and the many years of experience of Patrimonium and Wille Finance in the successful development of owner-managed companies convinced us right from the first meeting..." says Dr. Sven Kleiner. "The specialist positioning... of :em services for industrial companies impressed us right from the start. ...With the management team, we have found four partners who are eager to take the company to the next level with us," adds Philippe Knuesel from Patrimonium Private Equity. The acquisition complements Patrimonium Private Equity's portfolio with Grouplink Holding GmbH, TestSolutions GmbH, HÜBNER-KTB OBERFLÄCHENTECHNIK GMBH, OCTO Actuators GmbH, B+G Schweiz AG and ROTH GRUPPE AG. The Patrimonium Private Equity team has advised over 20 platform investments and 50 add-on acquisitions in the DACH region. Joel Kuhn, CFA lead the deal on Wille Finance's side. The transaction was accompanied by Heiner Feldhaus at GOF Gütt Olk Feldhaus, Stephan Grueber and Roman Meissner at KPMG, Claudio Prante at PwC sowie Mario Baumgart at TechMiners - together with their respective teams. Full news: https://lnkd.in/eZDBwgnK Patrimonium Private Equity Fund SCSp: https://lnkd.in/gRnr7dV #privatemarkets #privateequity #mittelstand

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👏 Get yourself a CFO ASAP, it will solve a lot of your e-commerce problems👏 🙌 We introduce Matthias Walter Eser is CEO of ESER CAPITAL Vermögensverwaltung GmbH, based in Munich. He and his team support 7- and 8-figure growth companies in all financial challenges and, as part of CFO as a Service, support ambitious growth companies in the economic realization of their goals. From the nuanced strategies of investment banking to the successful completion of an exit - your success in the world of corporate finance is our top priority. Your goal is our mission: together we will guide you through every phase and ensure that your financial transactions are not only successful, but also seamless and efficient. This episode is a must-watch if you want to learn about taxation for e-commerce, expanding to new markets, finding a good CFO and the ever-changing buyer behavior.👀 Curious to learn more about their entrepreneurial insights? Tune in to our latest episode, available on YouTube, Spotify, Soundcloud, and Google Podcasts! 🎧

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Best practice: Process-optimized receivables financing as a real game changer in treasury   In our interview, Christian Hogenmüller, Senior Director and Head of Corporate Treasury, explains why instead of 11 accountants, only one employee is now handling the sales of receivables at Zumtobel Group. Since 2018 the leading provider of innovative, high-quality lighting solutions and components is using structured receivables financing. In this transaction, eleven Zumtobel Group companies based in Austria, Germany, France, the UK and Australia sell trade receivables to us on a two-week basis. The processing of the transaction is highly automated.   #MakeItHappen #BestPractice

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Benedikt Hoefelmayr shared insights on different approaches to liquidity management for private equity funds at BAI! In his interview, he discussed two major models: deterministic and probability-based. Learn how these models can impact NAV projections and distributions, and gain valuable perspectives on best practices in liquidity management. Watch the full interview here: https://lnkd.in/d74vbXnG #PrivateEquity #LiquidityManagement #CEPRES

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🇩🇪 𝗛𝗼𝘄 𝘁𝗼 𝗦𝗼𝗹𝘃𝗲 𝗚𝗲𝗿𝗺𝗮𝗻𝘆’𝘀 𝗙𝗲𝗱𝗲𝗿𝗮𝗹 𝗕𝘂𝗱𝗴𝗲𝘁 𝗦𝘁𝗿𝘂𝗴𝗴𝗹𝗲? 💶   At first glance, it is striking that the total sum of Germany’s special funds (€ 969 billion) is 𝗮𝗹𝗺𝗼𝘀𝘁 𝘁𝘄𝗶𝗰𝗲 this year’s federal budget (€ 477 billion). Most of the special fund’s volume is loan-financed: In other words, 𝗱𝗲𝗯𝘁 (€ 780 billion) instead of equity (€ 89 billion).   𝗖𝗗𝗨/𝗖𝗦𝗨 & 𝘁𝗵𝗲 𝗔𝗰𝘁𝘂𝗮𝗹 𝗢𝗿𝗶𝗴𝗶𝗻𝗮𝗹 𝗦𝗶𝗻   Although the traffic light coalition must face the political consequences of the excessive special funds use now, it was the CDU/CSU in the 1950s who committed the actual original sin. 21 of the currently still active 29 special funds (72%) have been passed by a CDU/CSU-led government. More than a third originates from the 𝗔𝗻𝗴𝗲𝗹𝗮 𝗠𝗲𝗿𝗸𝗲𝗹 𝗲𝗿𝗮.   𝗖𝗼𝗻𝘀𝗲𝗾𝘂𝗲𝗻𝗰𝗲𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗙𝗲𝗱𝗲𝗿𝗮𝗹 𝗖𝗼𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹 𝗖𝗼𝘂𝗿𝘁 𝗥𝘂𝗹𝗶𝗻𝗴   The improper use of not fully utilized funds from the COVID-19 pandemic prompted the CDU/CSU Fraktion to file a constitutional suit: With success. From November 15, 2023, the federal government attempts to close the fiscal gap resulting by the ruling of the Federal Constitutional Court. As of now, there are two options for the use of special funds left. The first option is to get a 𝘁𝘄𝗼-𝘁𝗵𝗶𝗿𝗱𝘀 𝗺𝗮𝗷𝗼𝗿𝗶𝘁𝘆 𝘃𝗼𝘁𝗲 in the Deutscher Bundestag, which has already worked with the 'Sondervermögen Bundeswehr'. The second option is to exclusively use the 𝘆𝗶𝗲𝗹𝗱𝘀 𝗼𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 from existing or new specials funds. As an example, the 'Sondervermögen Generationenkapital' can be mentioned here.   In a nutshell, the use of special funds has become much more challenging and makes other options more likely. Over the next few weeks, PIVOT Regulatory will continue analyzing several options on a case-by-case basis in terms of 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝘃𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆 and 𝗽𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝗳𝗲𝗮𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝘆 how Germany can adopt a compliant fiscal budget in 2025. Stay tuned!   #germany #fiscal #federalbudget #publicfinance #ministryoffinance #economics #politics #finance

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Start-ups in Europe: a light at the end of the tunnel - finally!    This article by Nadine Schimroszik in Handelsblatt gives reason for hope for the tech ecosystem, as it summarises a development that has been tentatively emerging for some time: The number of new #start-ups in Germany is growing again, by 17 per cent, as shown by a comparison of the first quarter of 2024 with the same quarter of the previous year.   💡It is particularly interesting to see that most investments are being made in AI. An unmistakable sign that they continue to be a driver of innovation for the German startup ecosystem.   We recently came to a similar conclusion with my team, as part of our analysis of the German startup landscape. Our conclusion: more and more funding are being mobilised for ♻️ #Greentech business ideas that are based on AI-based technologies and have a positive impact on our planet. More info on our research at IRIS can be found in Startup Insider`s Investors Report 2024: https://lnkd.in/dU-5AMPz More info on Nadine’s insightful article here: https://lnkd.in/depicwGA

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In our latest WirtschaftsWoche series, our member Nigel Cresswell FIA CFA, discusses the potential use and limitations of AI in asset management.

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Last year, we invested in Viktoria Lindner and Leonie Ellerbrock from Mindsurance through Robin Capital. Today, we are excited to announce our rebranding to Bloom and introduce our product and modules to the global market. The incidence of illness is rising, and we face a workforce shortage. Leave management is becoming increasingly critical, yet Europe lacks a comprehensive solution. While the U.S. has platforms like Cocoon, backed by prominent firms such as Index, Firstmark, and others, Europe has been without a similar innovation—until now. I am thrilled that we are launching this venture, poised to grow into a significant company. Congratulations to Viki, Leonie, and the entire Bloom team! Bloom's commitment to growth, transformation, and nurturing potential sets it apart. Let’s delve deeper into their unique approach: Health Commitment: As global health challenges intensify, Bloom's mission focuses on improving health management systems. Empowerment: Bloom equips organizations and their leaders with the knowledge to understand the impacts of #sickleave and #absenteeism on business performance. They provide tools for enhanced transparency and early predictions, empowering proactive management and instilling confidence in the future. Simplification: Bloom is dedicated to simplifying processes associated with leave, absence, and occupational #health management, ultimately enhancing the employee experience. World-Class EAP: Bloom provides a customizable Employee Assistance Program (EAP) that ensures access to high-quality healthcare services. Compliance and Empowerment: Bloom assists HR professionals and decision-makers keep up-to-date and compliant with labor and safety regulations. Bloom’s initiatives are focused on advancing workplace health management through innovative and supportive solutions.

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𝗚𝗲𝗿𝗺𝗮𝗻𝘆'𝘀 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗖𝗿𝗶𝘀𝗶𝘀: 𝗛𝗶𝗴𝗵 𝗦𝘁𝗮𝗸𝗲𝘀, 𝗛𝗶𝗴𝗵 𝗥𝗮𝘁𝗲𝘀, 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗙𝗼𝗿𝗲𝗶𝗴𝗻 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗘𝘅𝗼𝗱𝘂𝘀 Hey CEOs, Germany's property crisis is deepening. Foreign investments are drying up. High interest rates and economic uncertainty are scaring away investors. Just last year, foreign buyers accounted for 37% of German commercial property transactions. Now? Only 35% in Q1. 𝗪𝗵𝗮𝘁’𝘀 𝗱𝗿𝗶𝘃𝗶𝗻𝗴 𝘁𝗵𝗶𝘀? ➡️ High inflation. ➡️ Recession fears. ➡️ Structural issues. Yes, Germany’s GDP rose by 0.2% in Q1, but don’t be fooled. The economy shrank by 0.3% in Q4 and throughout 2023. Worst performing major economy globally last year. Remember, Germany once had a ‘labor market miracle’. ✅ Low unemployment. ✅ Economic stability. But now? ⚠️ An aging population. ⚠️ Overzealous bureaucracy. ⚠️ Sluggish productivity. ⚠️ Energy crisis fallout. Is part-time work fueling economic woes? Maybe. But critics also point to Germany’s slow tech adoption. The construction sector is also struggling. High costs. Low demand. April’s IFO report shows over 55% of residential construction companies lack orders. Ouch. It’s a tough time for German real estate. We need to adapt and innovate. Nerea Lopez, what's your take on this?

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Salary Guide 2024 - Venture Capital DACH The last two years were crisis years for many start-ups. The volume of financing fell by almost two thirds. The reasons for this are persistently high interest rates and high inflation, coupled with a recession and a difficult geopolitical situation. Added to this is the further withdrawal of foreign investors from financing German start-ups, particularly from the USA. Nevertheless, experts are optimistic about the current year, not least because of the enormous potential in the artificial intelligence and clean tech sectors. This optimistic outlook for 2024 is also reflected in the salaries of VC company employees. These have remained relatively stable and, in some cases, have seen a positive upward trend. #investmentbanking

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Very insightful report on the German VC landscape by #startupInsider! Especially the VC profiles and interviews make the funding process more tangible

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“I believe entrepreneurs should manage their wealth just as professionally as their business assets.   Why should one type of wealth have teams of people in corporate controlling to protect it, while the other is managed through spreadsheets?” What does the future look like for family offices and financial controlling? We spoke to Franz Angermann, founder of OHM Capital, to learn more. Read the article: https://lnkd.in/gb48FrM6 #wealthplanning #successionplanning #wealthplanningwithpurpose

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Serial founders Constantin Wintoniak, Dominik Hackl and Markus Presle have successfully raised €1.25 million for their new venture, fynk, a contract management software provider. The funding round saw contributions from notable investors such as Johann 'Hansi' Hansmann, the CoastCap family office of Finanzcheck founder Moritz Thiele, and Andreas Burike of AnyDesk. Other investors include Personio co-founder Ignaz Forstmeier, PlanRadar co-founder Domagoj Dolinsek, Latido founder Stefan Speiser, Alexander Brix from Canva, Kai Romberg, and business lawyer Manuel Mofidian with his DeepTech Incubator. Fynk aims to revolutionize contract management by offering a platform that allows users to create, check, draw up, and analyze large numbers of contracts efficiently. Looking forward, fynk plans to leverage the integration of AI technologies to enhance its software’s capabilities in analyzing and tracking contractual agreements. This integration will enable more advanced application scenarios and streamline contract processes further, addressing the increasing need for efficient contract management and better risk management. The company's roadmap includes expanding their product offerings and entering new markets to capitalize on the growing demand driven by changes in legal requirements and the necessity for more efficient contract processes.

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👉 Attention all startup founders! 🚀 If you've been on the hunt for venture capital funding lately - the latest issue of Startup Insider's #investor report features an extensive list of the top 100 most active venture capital firms from Germany, Austria, and Switzerland, spanning across more than 200 pages. Dive in and discover your next potential investor! 💼💡 #VC #startupfunding" You can download it here for free https://lnkd.in/gE-EgjFv

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We left SuperVenture and SuperReturn in Berlin this week more confident than ever. Why we think the best is yet to come: 1. The mood among LPs and GPs is better than the market indicates This tells us we’ve hit the low point in the private equity deal market and are now on our way back up. 2. Creative ways to generate fundraising traction can fill critical gaps Traditional fundraising remains challenging in the current environment. However, creative use of technology and careful thought leadership provide a path forward. 3. LP activity is picking up We’re seeing particular interest in private debt, infrastructure, and PE secondaries. That’s especially exciting for us at Stableton, as we are capitalizing on the secondary market for shares in high-growth tech companies with our Unicorn Top 20 portfolio (pre-IPO). 4. Liquid private market strategies gain momentum across alternative asset classes We see an increasing trend in semi-liquid fund solutions or newer fund structures (such as ELTIF). Our open-ended, semi-liquid Luxembourg fund is leading the way in terms of liquidity in private markets. You can find more thoughts like these in Stableton’s Navigator newsletter: https://lnkd.in/ezPbVQae Get in touch with us or Daniel Schieferdecker to discuss this further. #superreturn #superventure #secondaries #investing #privateequity

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🔔 #FundForum is coming!  👉 FundsDLT will once again attend the largest asset and wealth management conference as part of Clearstream Fund Services on June 24-26.   Drop by our joint booth – number 34 – to discover the full breadth of Clearstream Fund Services and to learn about how FundsDLT is already helping fund companies streamline processes, cut costs and make funds more accessible than ever.  ✨ 🎯 📈 Reach out to Olivier Portenseigne, Gilles Maréchal or Paolo Brignardello at the booth or at the event for a conversation about digitally transforming your fund distribution.    See you there!    #Clearstream IMpower Incorporating FundForum  #fundservices #funddistribution #digitaltransformation #fundplatforms #fundtokenization #DLT #blockchain #FundTech #FundsDLT

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