Arranging succession and financing growth
There are roughly 400,000 small-to-medium-sized enterprises (SMEs) with annual sales ranging between two and €50 million. Year after year about 25,000 of these companies are handed over to a successor. However, fewer than half of these companies succeed in arranging succession within the owner’s family. Furthermore, numerous partnerships are looking for additional private equity partners, for example to enable further growth. In many cases they not only hope for fresh equity but also for expertise.