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. The information was compiled from publicly-available sources, alongside estimates and DBAG research in cooperation with FINANCE magazine.
cf. press release “Record year for mid-market private equity investments in Germany: Management buyouts at historical highs in 2019“ of 30 Jan. 2020