GBK Beteiligungen

FOCUS

STAGES

GrowthBuyout

SECTORS

Industrial & ManufacturingMobility & LogisticsConsumer & E-commerceHealthTechMedia & Entertainment

ASSET MIX

Private equityPrivate credit

GEOGRAPHY

GermanyAustriaSwitzerland

WHAT IT IS

Private Equity Fund. A fund manager investing limited-partner capital into mature private companies.

ABOUT

GBK Beteiligungen AG is one of Germany's oldest investment companies, founded in Hamburg in 1969 as Ge Be Ka Gesellschaft für Beteiligungen und Kapitalverwaltung and converted to a stock corporation in 1998; its shares trade on the Freiverkehr of several German exchanges and Tradegate. It invests its shareholders' capital in Mittelstand companies in Germany, Austria and Switzerland, mostly as a co-investor in deals offered since 2002 by its adviser Hannover Finanz GmbH, through open equity and/or mezzanine. At end-2025 it held 27 investments with a fair value of €39.1m and equity of about €50m. Since 2014 it has been a BaFin-registered internally managed AIF Kapitalverwaltungsgesellschaft.

INVESTMENT THESIS

Co-investments in established Mittelstand companies from production, services and trade in the DACH region, focused on succession (MBO/MBI), shareholder changes, spin-offs and growth financing, plus support for fundamentally sound companies in difficult situations; typically no operational involvement, influence via advisory or supervisory boards.

PORTFOLIO (29)

• ACHAT Hotel- und Immobilienbetriebsgesellschaft
  Consumer & E-commerce · since 2016
• Appmatics
  Software & SaaS · since 2023
• ATEC Pharmatechnik
  Industrial & Manufacturing · since 2022
• Bühr Gruppe
  Real Estate & PropTech · since 2021
• Dental Direkt
  HealthTech · since 2021
• EXCON Services
  since 2007
• FINVIA Holding
  Fintech · since 2022
• First Climate
  Climate & Energy · since 2021
• F&W Frey & Winkler
  HealthTech · since 2015
• Hansa Meyer Global Holding
  Mobility & Logistics · since 2004
• HF Private Debt Fonds SCSp
  since 2018
• Hübers Verfahrenstechnik Maschinenbau
  Industrial & Manufacturing · since 2021
• IPR – Intelligente Peripherien für Roboter
  Industrial & Manufacturing · since 2015
• Kirsch & Lütjohann
  since 1998
• Köhler Gruppe
  Mobility & Logistics · since 2006
• KLE Holding
  Industrial & Manufacturing · since 2020
• Josef Lentner
  Industrial & Manufacturing · since 2024
• Löwenstark Online Marketing
  Media & Entertainment · since 2021
• Media-Concept Bürobedarf
  Consumer & E-commerce · since 2011
• Moeschter Group
  Industrial & Manufacturing · since 2016
• PEAK Technology
  Space · since 2024
• WMU Wärmebehandlungsanlagen
  Industrial & Manufacturing · since 2017
• Zeeh Design
  Media & Entertainment · since 2018
• Ziemann Sicherheit
  since 2008
• Lacon Electronic
  Exited
• Rado Gummi
  Exited
• Teupen Maschinenbau
  Exited
• OQEMA
  Exited
• Gießerei Industrieholding Isselburg
  Exited

TEAM

• Christoph Schopp
  Member of the Management Board (Vorstand) · source
• Volker Tangemann
  Member of the Management Board (Vorstand) · source
• Roland Frobel
  Chairman of the Supervisory Board · source
• Jürgen von Wendorff
  Deputy Chairman of the Supervisory Board · source
• Peter Dreher
  Member of the Supervisory Board · source
• Thomas Arnold
  Member of the Supervisory Board · source
• Harry Becker
  Member of the Supervisory Board · source

LINKS

• Website
• Official contact page

FAQ