Deutsche Beteiligungs AG invests in FinMatch AG, driving digital financing solutions for mid-market companies

• With funds from its own balance sheet, DBAG is investing in a leading provider of digital financial solutions for mid-market companies in Germany
• High demand for financing among mid-market companies leads to encouraging growth prospects
• Sixth DBAG Long-Term Investment

Frankfurt/Main, 31 July 2025. Deutsche Beteiligungs AG (DBAG) has acquired a significant minority stake in FinMatch AG (FinMatch) as part of its Long-Term Investments programme, which draws exclusively on funds from DBAG’s own balance sheet. Stuttgart-based FinMatch is the leading digital corporate finance platform for mid-market companies. Its platform matches businesses with more than 1,000 financing partners that provide tailor-made financing solutions. The proprietary transaction was structured bilaterally and is a testament to DBAG’s ability to conduct new investments directly with the founders. 

Strategic investment in a high-growth fintech business
With the investment in FinMatch, DBAG is expanding its portfolio to include a high-growth digital financial services provider for mid-market companies. Since being established in 2019, FinMatch has facilitated financing projects with a total volume in the double-digit billion range. It combines objective advisory expertise with the efficient brokering of financing solutions, including traditional corporate loans, subsidies and grants.

Using balance-sheet funds to finance investments helps build long-term partnerships
DBAG’s Long-Term Investments strategy focuses on minority stakes. Unlike traditional private equity funds, these investments are financed exclusively from DBAG’s own balance sheet. Because of this, the holding period can be longer than the four to six years usually found in the private equity sphere. This in turn means a more flexible strategic focus and more flexible support for DBAG’s portfolio companies and their growth plans. This is the sixth Long-Term Investment for DBAG. Of the previous five investments, one has already been exited completely and another in part.

Market leader with a clear USP
Since being set up, FinMatch has evolved into the leading corporate finance platform for mid-market companies in Germany. The company offers structured financing solutions incorporating subsidies and grants for small and medium-sized enterprises (SMEs) as well as large corporations. In addition to being a financing platform for mid-market companies, it provides integral solutions for supporting growth and investment projects in particular. Its stated goal is to make it easier for mid-market companies to access the best possible financing solutions. 

“We are proud to already be paving the way for sustainable growth and investment for many mid-market companies as the leading corporate finance platform”, says Thomas Becer, CEO of FinMatch. “As well as this, the current economic upturn and new investment stimuli – such as the investment booster recently announced by the German Federal Government – demonstrate that our role in bringing together businesses, financing providers and funding providers is more important than ever. With DBAG’s help, we can build on our function as a catalyst for the mid-market sector and help make even more investment and innovation projects a reality.”

Growth potential in an attractive market environment
The persistently high demand for financing among mid-market companies – annual new debt financing amounts to over 100 billion euros in FinMatch’s core market alone – is matched by a high-growth market environment. In this context, digital solutions are essential for reducing barriers to capital access and for offering companies tailored financing concepts.

“FinMatch is targeting an attractive market”, emphasises Tom Alzin, Spokesman of the Board of Management of DBAG. “In many cases, mid-market companies do not receive the attention and expert advice they need for optimal financing solutions. FinMatch closes this gap through independent, technology-driven expertise and a broad network of financing partners. We see this as a long-term partnership with significant value creation potential.”

Further professionalisation and scaling planned
Together with the management team led by CEO Thomas Becer, DBAG plans to further strengthen the organisation and speed up organic growth. 

The company’s founders, Karsten Helber and Dominic D’Andreamatteo, will continue to hold a majority stake and play a key role in shaping its strategic direction. This set-up ensures valuable continuity while drawing on DBAG’s expertise at the same time. Karsten Helber, FinMatchs founder and Chairman of its Supervisory Board, stresses the strategic significance of DBAG’s investment: “From the very beginning, our aim has been to become the leading authority for entrepreneurial financing solutions in the mid-market sector – technology-driven, independent and with a clear impact. With DBAG on board as a new shareholder and partner, we are reinforcing this strategic focus and expanding our role as a trailblazer in a dynamic market environment.”