DBAG ECF II

DBAG ECF II invests in minority positions in mid-market family-owned businesses and also makes majority investments in the form of management buyouts with an enterprise value of up to approximately 75 million euros. The equity capital investments per investee generally range between 10 and 30 million euros. The fund invests directly in equity, equity-like and comparable instruments with equity-like returns.

The fund primarly seeks to invest in companies that are either headquartered or have significant business in Germany or other German-speaking countries, that is, in the DACH-region.

PORTFOLIO

Company Sector Acquired Realised
STG Group Information technology, media, telecommunications November 2019  
FLS GmbH Information technology, media, telecommunications October 2018  
BTV Multimedia GmbH Information technology, media, telecommunications August 2018  

KEY FACTS DBAG ECF II

Statusactiv
Start of investment period2018
Committed capital€97mn,
thereof €39.7mn by DBAG

Since 2017, the investors renew their capital commitments every two years. The fund can thus commit to investments with a term of about ten year, which is important especially for growth financings.

DBAG ECF's new vintage runs from June 2018 to December 2020; after that, further two-year vintages are projected.