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Corporate VCPuts its own capital into companiesLAST VERIFIED Oct 2026 · 10 SOURCES

S-Kap Beteiligungsgesellschaft

Equity investment company owned by Sparkasse Pforzheim Calw

Also known as S-Kap Unternehmensbeteiligungs GmbH & Co. KG, S-Kap, S-Kap Beteiligungen, S-Kap Verwaltungs GmbH

Equity company of Sparkasse Pforzheim Calw (since 2001): €0.1–3m minority, silent and mezzanine stakes in Nordschwarzwald Mittelstand firms; 120+ companies backed.

HEADQUARTERS
Pforzheim, Germany
FOUNDED
2001
AUM
—
OUTSIDE CAPITAL
—
TEAM LISTED
7 people

Focus

STAGES
SeedGrowthBuyout
ASSET MIX
Private equityPrivate credit
GEOGRAPHY
Germany

Overview

S-Kap Unternehmensbeteiligungs GmbH & Co. KG in Pforzheim was founded in 2001 and provides equity financing to Mittelstand companies in the Nordschwarzwald region, as the equity company of Sparkasse Pforzheim Calw. It takes open minority stakes of up to 49%, profit-participation capital, silent participations and subordinated loans of €100,000 to €3 million, without sector focus. It says it has backed more than 120 companies, whose current portfolio generates about €2.5 billion in revenue with around 10,000 employees. Since May 2010 it has been accredited with KfW as a lead investor under the ERP-Startfonds.

Investment thesis

Equity for Mittelstand companies in the Nordschwarzwald region at all stages, from start-up to growth, succession/MBO and new markets: open minority stakes up to 49%, profit-participation rights (Genussrechte), silent participations and subordinated loans of €100k–3m, management stays with the owners; time-limited partnerships, long-term in individual cases; larger deals with partners such as MBG Baden-Württemberg.

PORTFOLIO (21)

  • ACANDIS GmbH
    HealthTech
  • AHG Gruppe GmbH
  • Bon Mercato GmbH
    Consumer & E-commerce
  • Deutsche Flussspat GmbH
    Industrial & Manufacturing
  • Drollinger GmbH
  • LUXOR FTB Englert GmbH & Co. KG
  • Mader GmbH & Co. KG
    Industrial & Manufacturing
  • RENA Technologies GmbH
    Industrial & Manufacturing
  • Industrial & Manufacturing
  • Schüssler Technik GmbH & Co. KG
    Industrial & Manufacturing
  • SF Solarpark Feldrennach GmbH & Co. KG
    Climate & Energy · since 2008
  • WET Connectors GmbH
    Industrial & Manufacturing
  • Software & SaaS · since 2011 · Exited
  • BEONTRA
    Software & SaaS · Exited
  • Brandmaker GmbH
    Software & SaaS · Exited
  • Chrono24
    Consumer & E-commerce · Exited
  • Drachenfels Design Schmuck GmbH
    Consumer & E-commerce · Exited
  • iQuest Holding GmbH
    Exited
  • legodo AG
    Software & SaaS · Exited
  • Onventis
    Software & SaaS · Exited
  • Software & SaaS · since 2016 · Exited

People

  • Florentin Walker
    Managing Director (Geschäftsführer) · source
  • Sven Eisele
    Managing Director of general partner S-Kap Verwaltungs GmbH · source
  • Kerstin Gatzlaff
    Managing Director of general partner S-Kap Verwaltungs GmbH · source
  • Sacha Grau
    Beteiligungsmanager / Prokurist · source
  • Nathalie Czesnat-Guth
    Beteiligungsmanagerin · source
  • Kerstin Wagner
    Beraterin · source
  • Marina Bepple
    Beraterin · source

Links

Frequently asked questions

S-Kap Beteiligungsgesellschaft is a corporate venture arm based in Pforzheim, Germany, founded in 2001.

Yes. S-Kap Beteiligungsgesellschaft invests its own capital in private companies.

S-Kap Beteiligungsgesellschaft invests at Seed, Growth and Buyout stages in Industrial & Manufacturing, Software & SaaS, HealthTech, Consumer & E-commerce and Climate & Energy.

S-Kap Beteiligungsgesellschaft's stated ticket size is €100K–€3M.

Key people at S-Kap Beteiligungsgesellschaft include Florentin Walker (Managing Director (Geschäftsführer)), Sven Eisele (Managing Director of general partner S-Kap Verwaltungs GmbH), Kerstin Gatzlaff (Managing Director of general partner S-Kap Verwaltungs GmbH) and Sacha Grau (Beteiligungsmanager / Prokurist).

S-Kap Beteiligungsgesellschaft's investments include ACANDIS GmbH, AHG Gruppe GmbH, Bon Mercato GmbH, Deutsche Flussspat GmbH, Drollinger GmbH, LUXOR FTB Englert GmbH & Co. KG, Mader GmbH & Co. KG and RENA Technologies GmbH, among others.

S-Kap Beteiligungsgesellschaft states that it accepts submissions through its official contact page.