The analysis exclusively covered transactions where financial investors acquired a majority stake alongside the management team, and which had a transaction value of between 50 and 250 million euros for the debt-free company. This information was compiled from publicly available sources, together with estimates and research by DBAG in cooperation with the German industry magazine FINANCE.
cf. press release of 26 January 2022: “Private equity is here to stay in the German Mittelstand” – MBO numbers and volume hit record high