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Single Family OfficePuts its own capital into companiesLAST VERIFIED Oct 2026 · 4 SOURCES

WKM Mittelstand

Munich family office (WKM Unternehmernachfolge GmbH & Co. KG) buying majority stakes in DACH Mittelstand firms in succession; bought Bühn Gruppe in 2020. Website offline.

USEFUL FOR Business owners seeking a long-term partner · Co-investors

Family & background

HEADQUARTERS
Munich, Germany
OUTSIDE CAPITAL
No — own capital only

Investment approach

SECTORS
Industrial & Manufacturing
GEOGRAPHY
GermanyAustriaSwitzerland
STAGES
Buyout
ROUTES
Companies (own capital)
STRATEGIES
Private equityDirect investments
LATEST DEAL
Bühn Gruppe (Buyout (succession, 100%)) · Oct 2020

Overview

WKM Mittelstand described itself as a Munich family office, independent of banks and institutional investors, that buys majority stakes in German-speaking Mittelstand companies in succession situations and carve-outs, with no time limit on holdings. Its target profile was revenue of EUR 5–40M and EBIT of EUR 1–4M in any sector. In October 2020 it acquired all shares of Bühn Netzinfo GmbH and Geoinformatik Keuerleber GmbH (Bühn Gruppe), a geodata and surveying group. Its website has been offline since 2024.

Investment thesis

Long-term majority investments in DACH Mittelstand companies in succession situations or carve-outs, adding value through active management or new managing directors; sector-agnostic, revenue EUR 5–40M, EBIT EUR 1–4M.

Holdings & investments (1)

People

  • Maximilian Singh
    Founder and Managing Director · source
  • Christoph Bänziger
    Founder and Managing Director · source
  • Konrad Bänziger
    Advisory Board Member (Beirat) · source

Frequently asked questions

WKM Mittelstand is a single family office based in Munich, Germany.

WKM Mittelstand invests its own capital into companies. Its stated asset mix includes private equity and direct investments.

WKM Mittelstand invests at Buyout stage in Industrial & Manufacturing.

Key people at WKM Mittelstand include Maximilian Singh (Founder and Managing Director), Christoph Bänziger (Founder and Managing Director) and Konrad Bänziger (Advisory Board Member (Beirat)).

WKM Mittelstand's holdings and investments include Bühn Gruppe (Bühn Netzinfo GmbH and Geoinformatik Keuerleber GmbH).

The most recent publicly reported investment by WKM Mittelstand is Bühn Gruppe (Buyout (succession, 100%)), announced in Oct 2020.

No. WKM Mittelstand invests its own capital and does not raise money from outside investors.