Skip to content
Home/GPs/Adiuva Capital
Adiuva Capital

Adiuva Capital

Hamburg, Germany·Founded 2011··adiuvacapital.de

Adiuva Capital is a Hamburg-based, entrepreneur-backed small and mid-cap private equity investor founded in 2011, independent of institutional interests and investing equity of EUR 10-100m per transaction in profitable German-speaking mid-sized companies via succession, growth and buy-and-build. It has raised over EUR 800m across three funds and invested in more than 20 companies, and currently holds around ten portfolio companies employing over 5,000 people. Notable exits include Advita to DomusVi (2021), goetel to Basalt Infrastructure (2021), HWP to Goldbeck Robens (2023), KONZMANN to KLAR Partners (2025) and the NTA Group to Deutsche Private Equity (2026).

AUM
€800M
Funds
3
vintages 2011–2022
Portfolio
5
Exits
10
SectorsHealthcareConsumerBusiness ServicesTMTSoftware

Key facts

HQHamburg, Germany
Founded2011
Employees15+

Recent exits

NTA Systemhaus (NTA Group)
Business Services · 2026 · 4yr hold
TTSP HWP Group
Business Services · 2025 · 2yr hold
KONZMANN Gruppe
Business Services · 2025 · 9yr hold
HWP Handwerkspartner
Business Services · 2023 · 4yr hold

Coverage notes

3 funds tracked, 15 portfolio companies (5 active · 10 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund Adiuva Capital has raised, with its portfolio companies. Hand-checked from public filings.

3 funds
Adiuva Fund IIISmall-Mid Buyout
2022 · 4yr€300M1 active · 2 realized

Unrealized

1 held
SoftwareSwitzerland· Entry 2023

Realized

2 exits
Business ServicesGermany· Entry 2022
Secondaryto
TTSP HWP GroupExited 2025
Business ServicesGermany· Entry 2023
Trade Saleto
Adiuva Fund IIEvergreen
2016 · 10yr3 active · 4 realized

Unrealized

3 held
ConsumerGermany· Entry 2020
HealthcareGermany· Entry 2019
TMTGermany· Entry 2018

Realized

4 exits
goetel GruppeExited 2021
TMTGermany· Entry 2017
Secondaryto
Business ServicesGermany· Entry 2019
Secondaryto
KONZMANN GruppeExited 2025
Business ServicesGermany· Entry 2016
Secondaryto
TMTGermany· Entry 2016
Secondaryto
Adiuva Fund IEvergreen
2011 · 15yr1 active · 4 realized

Unrealized

1 held
ConsumerGermany· Entry 2015

Realized

4 exits
HealthcareGermany· Entry 2014
Trade Saleto
Ascopharm GruppeExited 2019
ConsumerGermany· Entry 2012
Trade Saleto
TMTGermany· Entry 2015
Secondaryto
HealthcareGermany· Entry 2011
Secondaryto
Track Adiuva Capital

Saved GPs appear in your watchlist, one click from your workspace.

Last updated July 2026 · Sourced from public filings