Afinum for Investors

Repeated success
creates trust

Afinum

Entrepreneurial
Empathic.

Afinum invests funds that are predominantly used to acquire majority positions in medium-sized companies.

Our funds have the flexibility to structure tailor-made equity solutions for a variety of business situations.

Our principle: we invest as a team, together with our investors.

Afinum at a glance

AFINUM has been investing successfully in the mid-market for almost 20 years

Foundation

Founded in January 2000, Afinum is an independent mid-market investment company – fully owned by the Afinum partners

Team

For almost 30 years, the management team is active in the private equity industry; the senior team has already worked together in the investment business for many years prior to Afinum

Locations

Afinum has offices in Munich, Zurich and Hong Kong

Capital committments

Since foundation of the investment company, Afinum has raised funds with committed equity of approx. 1.4 billion EUR; currently Afinum has approx. 1.1 billion EUR equity capital under management

Transactions

Since 2000, Afinum has invested in about 80 companies, with consolidated turnover of approx. 2.6 billion EUR and approx. 19,000 employees

Approach

Flexible transaction structures based on long-term experience, especially in entrepreneurial succession situations and corporate carve-outs

Development of fund volume

Afinum fund volume
in million EUR

Industries

Historical industry mix
across all fund generations

Afinum invests industry agnostic. We believe that – with the right team – value creation potential can be developed and increased in most of the sectors and across portfolio companies.

Our team has a broad sector experience and in most industries we have access to relevant experts through our network.

Investments
by Industry
  • 21% - Industry & Technology

  • 18% - Consumer goods & Retail

  • 16% - Industrials

  • 12% - Software & Media

  • 10% - Furniture industry

  • 9% - Healthcare & Wellness

  • 8% - Construction & Real estate

  • 6% - Business Services

Equity capital

Our current Buy-out fund and investment focus

Fund size

  • Buy-out Fund 2017 (Afinum Achte Beteiligungsgesellschaft mbH & Co. KG)
  • Fund volume: 410 Mio. EUR equity capital
  • Start of investment period: August 2017
  • Fund period: 10 + 2 years

Focus areas

  • Owner successions
  • Corporate Carve-Outs
  • Management Buy-out/ Management Buy-ins
  • Buy and build concepts
  • Simplification of the shareholder structure
  • Growth financing

Investment criteria

  • Majority positions up to 100% shareholdings
  • Sales tipically between 25 – 500 Mio. EUR
  • Enterprise values between 25 – 150 Mio. EUR
  • Companies with headquarters in Germany, Switzerland, Austria or neighboring countries

Together with Afinum, we successfully organized the succession and were able to grow the business significantly through organic and inorganic measures.

Jean-Pierre SaccoCEO Let's Go Fitness

With Afinum, we have won an experienced and entrepreneurial partner who has guided Ledlenser back to independence through a professional carve-out management.

Thomas WillingCEO Ledlenser
Investor base

Investors of our current
Buy-out Fund

In order to achieve our investment goals, we need to have the right investors. These are on the one hand, well-respected entrepreneur families, who possess a deep understanding of mid-market businesses. In addition to capital, these investors provide us with valuable know-how.

On the other hand, our investor base comprises inter alia well-known asset managers, insurance companies, banks, pension funds. Afinum’s investors are typically based in our target regions; which means, they understand the country-specific challenges and value drivers of our portfolio companies.

Due to our investors base and structure, we are independent, quick in decision-making and flexible. Our team also invests substantial amounts of its own money, thereby fully aligning our interests with the ones of our investors.

Investors
by Region
  • Germany

  • USA

  • Asia

  • Scandinavia

  • Other

Investors
by Type
  • Pension funds, Insurances and others

  • Family offices and Private investors

  • Fund of funds

  • Afinum Team

Our Responsibility

A responsible approach to investment and ownership

ESG

A responsible and sustainable approach to investment and ownership is an essential part of our firm culture at Afinum. We see it as our obligation, to integrate environmental, social and corporate governance factors (“ESG”) into our investment decisions.

Responsible Investments

Afinum will at any time review, whether a potential investment is in accordance with the criteria for responsible investment based on the Sustainable Developments Goals (SDGs) formulated by the UN.

Code of Conduct

For our portfolio companies, we implemented a set of guidelines (“Code of Conduct”) consisting of clear rules and processes to help our employees integrate and adhere to our ESG standards.

Investor Portal

Are you an investor in the Afinum Buy-out Fund 2017? Click here for our investor portal.

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