What investment strategy does ARCUS Capital focus on?

ARCUS Capital focuses on Buyout strategies in the private equity space.

How many portfolio companies does ARCUS Capital have?

ARCUS Capital has 10 active portfolio companies and 8 completed exits and 1 fund tracked on GP Intel.

Where is ARCUS Capital headquartered?

ARCUS Capital is headquartered in Munich, Germany.

When was ARCUS Capital founded?

ARCUS Capital was founded in 1994.

What sectors does ARCUS Capital invest in?

ARCUS Capital invests across Consumer, Industrials, Healthcare, TMT, Software.

What are ARCUS Capital's recent exits?

Recent realized exits by ARCUS Capital include: sendmoments (2025) to The Customization Group; BitterLiebe (2024) to Vendis Capital; milch & zucker (2023) to Bertelsmann Investments; Laessig (2022) to Ambienta; 1-2-3.tv (2021) to iMedia Brands; detailM (2020) to Aurelius Wachstumskapital; KAMA (2018) to PREMIUM Equity Partners; von Oertzen (2014) to Lampe Privatinvest.

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ARCUS Capital

Munich, Germany·Founded 1994·

Buyout

·arcuscapital.de

ARCUS Capital AG is a Munich-based family equity investor founded in 1994 that takes majority stakes in German-speaking lower-mid-market companies with EUR 10-150m of revenue in succession, spin-off and management buyout situations. It invests permanent balance-sheet capital from its team and partner families without external fund or exit pressure across consumer, industrial, healthcare, media and software sectors.

AUM

–

Funds

vintages 1994

Portfolio

Exits

ARCUS Capital is a Munich buyout firm with 10 active companies and 8 exits.

SectorsConsumer Industrials Healthcare TMT Software

Key takeaways

·5 exits in the last 5 years · consistent DPI cadence.
·Average hold across 8 realized deals: 5 years.
·Top sector focus: Industrials (39% of portfolio).

Sector breakdown

18 companies

Industrials

7 · 39%

Consumer

5 · 28%

E-commerce

2 · 11%

AdTech

2 · 11%

TMT

1 · 6%

HR Tech

1 · 6%

Key facts

HQMunich, Germany

Founded1994

Websitearcuscapital.de

Recent exits

ARCUS Capital sold sendmoments to The Customization Group in 2025 after 6 years.

ARCUS Capital sold BitterLiebe to Vendis Capital in 2024 after 4 years.

ARCUS Capital sold milch & zucker to Bertelsmann Investments in 2023 after 2 years.

ARCUS Capital sold Laessig to Ambienta in 2022 after 3 years.

Coverage notes

1 fund tracked, 18 portfolio companies (10 active · 8 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

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

1 fund

Fund

Strategy

Vintage

Size

Assets

Exits

ARCUS CapitalActive

Buyout199410 assets8 exits

Buyout

1994 · 32yr

–

Unrealized

10 held

Company	Entry
1-2-3 TV E-commerce · Germany	2016
Aplantis Consumer · Germany	2024
AZ Druck und Datentechnik Industrials · Germany	2023
bedrop Consumer · Germany	2024
Egger Industrials · Germany	2022
Kama GmbH Industrials · Germany	2014
Loewenstark AdTech · Germany	2021
Pinsker Druck und Medien Industrials · Germany	2017
Spitznas Industrials · Germany	2017
VitaMoment Consumer · Germany	2023

Realized

8 exits

Company	Entry	Exit	Type	Buyer	MOIC
1-2-3.tv TMT · Germany	2016	2021	Trade Sale	iMedia Brands	–
BitterLiebe Consumer · Germany	2020	2024	Secondary	Vendis Capital	–
detailM AdTech · Germany	2014	2020	Secondary	Aurelius Wachstumskapital	–
KAMA Industrials · Germany	2014	2018	Secondary	PREMIUM Equity Partners	–
Laessig Consumer · Germany	2019	2022	Secondary	Ambienta	–
milch & zucker HR Tech · Germany	2021	2023	Trade Sale	Bertelsmann Investments	–
sendmoments E-commerce · Germany	2019	2025	Trade Sale	The Customization Group	–
von Oertzen Industrials · Germany	2007	2014	Secondary	Lampe Privatinvest	–

About ARCUS Capital

ARCUS Capital is an independent owner-led DACH private equity investor headquartered in Munich. The firm was founded in 1994 and operates as an independent partner and owner-owned investment company (an inhabergeführte Beteiligungsgesellschaft), positioning itself as a family equity investor with a single evergreen-style vehicle that operates without external fund pressure.

Investment thesis

ARCUS Capital deploys capital through an evergreen owner-capital vehicle, targeting majority stakes in DACH Mittelstand companies with €10-150 million revenue in restructuring and growth phases, applying long-term value creation without forced exits. Sector focus spans consumer goods, industrials, healthcare, media and software. Geographic deployment is the German-speaking region (DACH). The patient owner-led family equity model backs Mittelstand companies without the exit pressure of a conventional fund structure.

Recent activity

Recent realised exits include software and digital marketing (2025), consumer and e-commerce (2025) and consumer goods (2024). Recent acquisitions include plant-based ingredients (2024) and consumer supplements and bee-products holdings (2024-2025). The platform continues active deployment across the DACH family equity mandate.

Frequently asked questions

What investment strategy does ARCUS Capital focus on?: ARCUS Capital focuses on Buyout strategies in the private equity space.
How many portfolio companies does ARCUS Capital have?: ARCUS Capital has 10 active portfolio companies and 8 completed exits and 1 fund tracked on GP Intel.
Where is ARCUS Capital headquartered?: ARCUS Capital is headquartered in Munich, Germany.
When was ARCUS Capital founded?: ARCUS Capital was founded in 1994.
What sectors does ARCUS Capital invest in?: ARCUS Capital invests across Consumer, Industrials, Healthcare, TMT, Software.
What are ARCUS Capital's recent exits?: Recent realized exits by ARCUS Capital include: sendmoments (2025) to The Customization Group; BitterLiebe (2024) to Vendis Capital; milch & zucker (2023) to Bertelsmann Investments; Laessig (2022) to Ambienta; 1-2-3.tv (2021) to iMedia Brands; detailM (2020) to Aurelius Wachstumskapital; KAMA (2018) to PREMIUM Equity Partners; von Oertzen (2014) to Lampe Privatinvest.