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Private Equity FundPuts its own capital into companiesLAST VERIFIED Oct 2026 · 10 SOURCES

ALLEGRA CAPITAL

Also known as ALLEGRA CAPITAL GmbH, Allegra Capital

Munich private equity firm (since 2000) buying loss-making corporate subsidiaries in special situations via holding companies it advises; investors are German private individuals.

Munich special-situations private equity firm (allegracapital.com). Not related to other firms named Allegra Capital elsewhere.

HEADQUARTERS
München, Germany
FOUNDED
2000
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
6 people

Focus

STAGES
Buyout
SECTORS
Industrial & ManufacturingSoftware & SaaSMobility & LogisticsMedia & Entertainment
ASSET MIX
Private equity
GEOGRAPHY
EuropeGlobal

Overview

ALLEGRA CAPITAL GmbH is a Munich private equity firm that has acquired medium-sized and large corporate subsidiaries in special situations, especially restructuring cases, since 2000. It targets subsidiaries with EUR 10m to EUR 1bn revenue in Europe or elsewhere where 100% or a clear majority is offered, across sectors. Its acquisitions are held by separate holding companies advised by ALLEGRA CAPITAL; its BVK profile lists German private individuals as shareholders and private investors as its investors. Sellers have included Alstom, Norwegian Post, the Sandoz Family Foundation, Leica Camera, Steiff, Cancom, Miba and Vesuvius.

Investment thesis

Buys loss-making or non-core corporate subsidiaries in special situations (restructurings, missing management, environmental problems, extreme time pressure) quickly and confidentially, then turns them around with a systematic long-term approach.

PORTFOLIO (7)

  • Citymail Sweden (Bring Citymail)NOTABLE
    Industrial & Manufacturing · since 2018
  • Genoud Entreprise d'arts graphiques SA
    Media & Entertainment · since 2020
  • Musumeci S.p.A.
    Media & Entertainment · since 2020
  • Pirobase Imperia GmbH
    Software & SaaS · since 2015 · Exited
  • VGT-DYKO GmbH
    Industrial & Manufacturing · since 2013 · Exited
  • Alenco Environmental Consult GmbH
    Exited
  • Zett Optics GmbH
    HealthTech · Exited

People

  • Dr. Hendrik Heinze
    CEO, Managing Director · source
  • Dr. Dirk O. Keck
    Director · source
  • Christian Krause
    Team member (M&A and corporate finance) · source
  • Dr. Bruno Gross
    Team member (strategy and technology) · source
  • Jürgen König
    Team member (strategy and controlling) · source
  • Klaus Pieger
    Team member (reorganisation, production and controlling) · source

Links

Frequently asked questions

ALLEGRA CAPITAL is a private equity fund based in München, Germany, founded in 2000.

Yes. ALLEGRA CAPITAL invests its own capital in private companies.

ALLEGRA CAPITAL invests at Buyout stage in Industrial & Manufacturing, Software & SaaS, Mobility & Logistics and Media & Entertainment.

Key people at ALLEGRA CAPITAL include Dr. Hendrik Heinze (CEO, Managing Director), Dr. Dirk O. Keck (Director), Christian Krause (Team member (M&A and corporate finance)) and Dr. Bruno Gross (Team member (strategy and technology)).

ALLEGRA CAPITAL's investments include Citymail Sweden (Bring Citymail), Genoud Entreprise d'arts graphiques SA, Musumeci S.p.A., Pirobase Imperia GmbH, VGT-DYKO GmbH, Alenco Environmental Consult GmbH and Zett Optics GmbH.

The most recent publicly reported investment by ALLEGRA CAPITAL is Genoud Entreprise d'arts graphiques SA and Musumeci S.p.A. (from the Sandoz Family Foundation) (Carve-out), announced in Jul 2020.

Yes. ALLEGRA CAPITAL manages capital from outside investors.