Private Equity FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 10 SOURCES

Borromin Capital

Also known as Borromin Capital Management GmbH, Borromin, Steadfast Capital

Frankfurt partner-owned private equity firm (founded 2001, formerly Steadfast Capital) advising the Borromin Capital funds; MBOs, successions and growth deals in DACH and Benelux Mittelstand.

Frankfurt Mittelstand buyout manager, renamed from Steadfast Capital to Borromin in January 2020.

HEADQUARTERS: Frankfurt am Main, Germany
FOUNDED: 2001
AUM: €442M (2021)
OUTSIDE CAPITAL: Yes
TEAM LISTED: 13 people

Focus

STAGES: GrowthBuyout
SECTORS: Industrial & Manufacturing HealthTech Consumer & E-commerce Software & SaaS
ASSET MIX: Private equity
GEOGRAPHY: GermanyAustriaSwitzerlandNetherlandsBelgiumLuxembourg

Overview

Borromin was founded in Frankfurt in 2001 as an independent, partner-owned private equity advisory firm and currently advises the fifth Borromin fund, whose capital comes from domestic and foreign institutional and private investors. The funds provide equity for owner successions, management buy-outs, carve-outs and growth financing of Mittelstand companies, mainly in Germany but also in the DACH and Benelux region, with enterprise values of €20-150M. The firm, renamed from Steadfast Capital in 2020, is supervised by BaFin. Its most recent platform deal on the site is the August 2026 majority MBO of Dutch flat-roof specialist Hollanddak by Borromin Capital Fund V SCSp.

Investment thesis

Backs Mittelstand companies with a solid market position, clear growth potential and healthy profitability, where the experience and quality of the management team is of outstanding importance; 'at the end of the day we invest above all in people'.

PORTFOLIO (26)

Hollanddak
Industrial & Manufacturing · since 2026
AXENTA
EBERLE
since 2022
Aerotec
Industrial & Manufacturing
von Wülfing
QITS
Software & SaaS · since 2021
Cadence
Protect Medical
HealthTech
WATR Group
Exited
BUK Gruppe
Wilvo Gruppe
Exited
Kempf Gruppe
Industrial & Manufacturing
Guntermann & Drunck
Industrial & Manufacturing · Exited
Stanzwerk Jessen
Industrial & Manufacturing
Food & Service Gruppe
Food & Agriculture
AVS Gruppe
since 2013 · Exited
Barat Ceramics
proFagus
Falk & Ross Gruppe
MPS meat processing systems
Food & Agriculture
Kautex Maschinenbau
Industrial & Manufacturing
FEP Fahrzeugelektrik Pirna
Industrial & Manufacturing
Cetelon Gruppe
Dahlback
Elaxy
Software & SaaS
Little John Bikes
Consumer & E-commerce

People

Nick Money-Kyrle
Founding Partner; Managing Director · source
Marco Bernecker
Managing Partner; Managing Director · source
Martin Franke
Partner · source
Dr. Marc Schilling
Partner · source
Jan Späth
Partner · source
Viktor Strauch
Partner · source
Daragh Queenan
CFO · source
Maria Rostock
General Counsel · source
Katharina Fege
Investor Relations & Fundraising · source
Carl Pacher-Theinburg
Investment Professional · source
Stephan Schömer
Investment Professional · source
Andreas Ulrich
Investment Professional · source
Justin Pearson
Finance Manager · source

Frequently asked questions

Borromin Capital is a private equity fund based in Frankfurt am Main, Germany, founded in 2001.

Yes. Borromin Capital invests its own capital in private companies.

Borromin Capital invests at Growth and Buyout stages in Industrial & Manufacturing, HealthTech, Consumer & E-commerce and Software & SaaS.

Key people at Borromin Capital include Nick Money-Kyrle (Founding Partner; Managing Director), Marco Bernecker (Managing Partner; Managing Director), Martin Franke (Partner) and Dr. Marc Schilling (Partner).

Borromin Capital's investments include Hollanddak, AXENTA, EBERLE, Aerotec, von Wülfing, QITS, Cadence and Protect Medical, among others.

The most recent publicly reported investment by Borromin Capital is TSG Associates (add-on to Protect Medical) (Add-on acquisition by portfolio company Protect Medical), announced in Oct 2026.

Yes. Borromin Capital manages capital from outside investors.