For almost 40 years now, the HANNOVER Finanz Group has been a sought-after private equity partner for medium sized enterprises in all industries. The private equity company, based in Hanover and Vienna and founded in 1979, was one of the first providers of venture capital in Germany. Well-known businesses like Fielmann, Rossmann and AIXTRON AG have financed their growth with private equity from the HANNOVER Finanz Group and made use of its management consultancy services. The Group also invests in companies when a change of generation has to be secured, and in medium sized spin-offs. Businesses with annual sales exceeding 20 million euros can obtain up to 50 million euros in equity from HANNOVER Finanz.
Medium sized and owner managed enterprises choose HANNOVER Finanz for its long-term commitment. In cases of corporate succession, management buy-outs (MBOs), management buy-ins (MBIs) or spin-offs and carve-outs, the Group assumes majority participations, enabling the financing of transactions of up to 150 million euros. In certain cases HANNOVER Finanz will also participate as a minority shareholder. As the Group’s funds are “evergreens” with unlimited duration, there is no pressure to divest the holdings in the short or medium term. The capital in the funds is supplied by large institutional investors in the banking and insurance sectors.
Since the management buy-out in 1993, the HANNOVER Finanz Group’s management has itself held a major interest in the core enterprise, HANNOVER Finanz GmbH, which is independent of banks and major corporations. Here, entrepreneurs discuss private equity with entrepreneurs.
Currently, the HANNOVER Finanz Group has over 700 million Euros worth of equity under management. The portfolio comprises around 40 companies in Germany and Austria. Since its foundation, the Group has invested an accumulated total of over one and a half billion euros, and has successfully completed more than 200 projects.
The entrepreneurial risk involved in turning ideas and plans into reality demands an independent, entrepreneurially oriented private equity partner. It is important to us to achieve success together. We invest in medium sized businesses with sales of at least twenty million euros. Independent of banks and specific industry sectors, we are the contact point for entrepreneurs and their advisers in banks, law firms and accountancy firms and for entrepreneurs’ associations and institutions. To us, money is simply the means of financing growth and corporate succession. The assistance and advice which we offer businesses as their private equity partner are the real value. Constancy and sustainable, high-quality growth are our first priorities, since we are always conscious of our responsibility for our partners’ interests – both on the part of the businesses and on that of the investors.