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Government-backed FundPuts its own capital into companiesLAST VERIFIED Oct 2026 · 12 SOURCES

MBG Mittelständische Beteiligungsgesellschaft Sachsen-Anhalt

Publicly supported self-help institution owned by Commerzbank, Deutsche Bank, DZ BANK, NORD/LB, UniCredit, Harzer Volksbank, Volksbank Magdeburg, Öffentliche Feuerversicherung Sachsen-Anhalt, AVW and the Halle and Magdeburg IHKs and Handwerkskammern Saxony-Anhalt banks, insurers and chambers

Also known as MBG Sachsen-Anhalt, Mittelständische Beteiligungsgesellschaft Sachsen-Anhalt (MBG) mbH

Magdeburg MBG founded 1992; silent participations of €25k-2.5m for SMEs and founders in Saxony-Anhalt; €305m committed to 760 companies since 1992.

Saxony-Anhalt's MBG (Magdeburg), sister of Bürgschaftsbank Sachsen-Anhalt; not to be confused with the MBGs of other Länder.

HEADQUARTERS
Magdeburg, Germany
FOUNDED
1992
AUM
—
OUTSIDE CAPITAL
—
TEAM LISTED
5 people

Focus

STAGES
Pre-SeedGrowthBuyout
SECTORS
Consumer & E-commerceReal Estate & PropTech
ASSET MIX
Private credit
GEOGRAPHY
Germany

Overview

Mittelständische Beteiligungsgesellschaft Sachsen-Anhalt (MBG) mbH was founded on 6 July 1992 as a publicly supported self-help institution of the regional economy, carried by banks, insurers and the chambers of crafts and commerce in Halle and Magdeburg. It works with its sister company Bürgschaftsbank Sachsen-Anhalt and provides typical silent (and in the past open) participations for founding, growth and succession, from €25,000 up to €2.5m per company in its classic programme, plus Mikromezzanin participations. Since 1992 it has approved 895 projects in 760 companies with €305m of participations; in 2025 it approved 12 projects worth €6.1m.

PORTFOLIO (4)

  • Relaxdays GmbHNOTABLE
    Consumer & E-commerce
  • Quadra Bau GmbH
    Real Estate & PropTech
  • Gollmann Kommissioniersysteme GmbH
    Industrial & Manufacturing
  • Frerotec KG

People

  • Gunnar Giese
    Managing Director · source
  • Heiko Paelecke
    Managing Director · source
  • Carsten Wendt
    Chair of the Supervisory Board (Commerzbank) · source
  • Berit Zimmermann
    Deputy Chair of the Supervisory Board (NORD/LB) · source
  • Saskia Engler
    Investment Manager (Spezialbeteiligung) · source

Links

Frequently asked questions

MBG Mittelständische Beteiligungsgesellschaft Sachsen-Anhalt is a government-backed fund based in Magdeburg, Germany, founded in 1992.

Yes. MBG Mittelständische Beteiligungsgesellschaft Sachsen-Anhalt invests its own capital in private companies.

MBG Mittelständische Beteiligungsgesellschaft Sachsen-Anhalt invests at Pre-Seed, Growth and Buyout stages in Consumer & E-commerce and Real Estate & PropTech.

MBG Mittelständische Beteiligungsgesellschaft Sachsen-Anhalt's stated ticket size is €25K–€2.5M.

Key people at MBG Mittelständische Beteiligungsgesellschaft Sachsen-Anhalt include Gunnar Giese (Managing Director), Heiko Paelecke (Managing Director), Carsten Wendt (Chair of the Supervisory Board (Commerzbank)) and Berit Zimmermann (Deputy Chair of the Supervisory Board (NORD/LB)).

MBG Mittelständische Beteiligungsgesellschaft Sachsen-Anhalt's investments include Relaxdays GmbH, Quadra Bau GmbH, Gollmann Kommissioniersysteme GmbH and Frerotec KG.

MBG Mittelständische Beteiligungsgesellschaft Sachsen-Anhalt states that it accepts submissions through its official contact page.