AURELIUS
Munich-based alternative investment group founded in 2005 by Dirk Markus and Gert Purkert, focused on corporate carve-outs, special situations and mid-market buyouts across Europe. Its former listed vehicle AURELIUS Equity Opportunities was delisted from the Frankfurt Stock Exchange at the end of 2023 and renamed AUR Portfolio III, and the group now invests through balance-sheet capital and the European Opportunities IV and Opportunities V funds alongside separate private debt and real estate platforms.
AURELIUS is a Munich buyout firm with 50 active companies and 24 exits.
- ·12 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 24 realized deals: 6 years.
- ·Best return: 16.7x MOIC on Solidus Solutions (2019).
- ·Top sector focus: Industrials (31% of portfolio).
Sector breakdown
74 companiesGeography breakdown
17 geographiesKey facts
Recent exits
AURELIUS sold SEG Electronics to Arteche Group in 2026 after 6 years.
AURELIUS sold HanseYachts to Mueller Verwaltung and CEO Hanjo Runde in 2025 after 14 years.
AURELIUS sold VAG to Georg Fischer in 2025 after 7 years.
AURELIUS sold VAG Group to Georg Fischer AG in 2025 after 7 years.
Coverage notes
4 funds tracked, 74 portfolio companies (50 active · 24 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund AURELIUS has raised, with its portfolio companies. Hand-checked from public filings.
AURELIUS Opportunities VBuyout202514 assets5 exitsBuyout2025 · 1yr–145
Unrealized
14 held| Company | Entry |
|---|---|
| Cromwell Industrials · United Kingdom | 2025 |
| DID Group Industrials · Germany | 2019 |
| DKS Group Business Services · Germany | 2022 |
| exertis-ireland TMT · Ireland | 2025 |
| G&N Group Business Services · Germany | 2018 |
| Greenovis Group Business Services · Germany | 2021 |
| Landis+Gyr EMEA Industrials · Switzerland | 2026 |
| Lernia Business Services · Sweden | 2025 |
| Mobility Care Group Healthcare · Netherlands | 2025 |
| Mobility Care Group Healthcare · Netherlands | 2025 |
| Muviq Industrials · United States | 2024 |
| Roundliner GmbH Industrials · Germany | 2018 |
| Symporo Culinary Group Business Services · Germany | 2018 |
| Tec-Folien-Allgäu GmbH Industrials · Germany | 2025 |
Realized
5 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Allied Healthcare Healthcare · United Kingdom | 2015 | 2018 | Trade Sale | Health Care Resourcing Group (HCRG), backed by Twenty20 Capital | – |
| Book Club Associates Consumer · United Kingdom | 2008 | 2011 | Trade Sale | Webb Group | – |
| Connectis AG and Softix AG TMT · Switzerland | 2008 | 2014 | Trade Sale | SPIE Group | – |
| Isochem Pharma · France | 2010 | 2017 | Trade Sale | PMC Group | – |
| Transform Hospital Group Healthcare · United Kingdom | 2015 | 2022 | Secondary | Y1 Capital | – |
AURELIUS European Opportunities IVBuyout202122 assets1 exitsBuyout2021 · 5yr–221
Unrealized
22 held| Company | Entry |
|---|---|
| ai6 SOLUTIONS MedTech · Germany | 2021 |
| aribos Group Business Services · Germany | 2024 |
| DeliBarn Consumer · Belgium | 2025 |
| dental bauer Healthcare · Germany | 2022 |
| Dentara Group Healthcare · Germany | 2023 |
| ECO3 Industrials · Belgium | 2023 |
| Enerveo Business Services · UK | 2021 |
| FIAMM Energy Technology S.p.A. Industrials · Italy | 2025 |
| Footasylum Consumer · United Kingdom | 2022 |
| GastroHero E-commerce · Germany | 2023 |
| Hallo Healthcare Group Healthcare · UK | 2022 |
| HÜPPE GmbH Consumer · Germany | 2021 |
| KIROTEC GmbH Industrials · Germany | 2021 |
| little BIG hotels Hospitality · Germany | 2023 |
| LSG Group Business Services · Germany | 2023 |
| Minova Industrials · UK | 2022 |
| Multeco Group (MLS Lanny) Industrials · Germany | 2022 |
| nrg+ (Nextgen Renewable Group) Energy · Germany | 2024 |
| Pluradent Healthcare · Germany | 2022 |
| Sensus International Industrials · Germany | 2026 |
| The Body Shop Consumer · UK | 2023 |
| TM Group Business Services · UK | 2024 |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Ceramic Tile Distributors Consumer · UK | 2022 | 2024 | Trade Sale | Topps Tiles Plc | – |
AURELIUS Equity OpportunitiesActiveTurnaround200610 assets18 exitsTurnaround2006 · 20yr–1018
Unrealized
10 held| Company | Entry |
|---|---|
| CalaChem Industrials · Grangemouth, Scotland, United Kingdom | 2010 |
| Conaxess Trade Group Consumer · Denmark | 2016 |
| ConverterTec Industrials · Germany | 2020 |
| European Imaging Group Consumer · United Kingdom | 2016 |
| moveero Industrials · United Kingdom | 2020 |
| Pullman Fleet Solutions Logistics · United Kingdom | 2020 |
| Remi Claeys Aluminium Industrials · Belgium | 2021 |
| Scholl Shoes Consumer · Rest of Europe | 2014 |
| Silvan Consumer · Denmark | 2017 |
| Unilux Industrials · Germany | 2021 |
Realized
18 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Berentzen-Gruppe AG Consumer · Germany | 2008 | 2016 | Secondary | Institutional investors | – |
| Blaupunkt Consumer · Germany | 2009 | 2023 | Secondary | Established Inc. (Talisman Brands) | – |
| Briar Chemicals Industrials · Norwich, United Kingdom | 2012 | 2022 | Trade Sale | Safex Chemicals India Limited | – |
| Distrelec Business Services · Switzerland | 2020 | 2023 | Trade Sale | RS Group | – |
| Getronics IT Services · Netherlands | 2012 | 2017 | Trade Sale | Bottega InvestCo | – |
| GHOTEL hotel & living Hospitality · Germany | 2006 | 2020 | Trade Sale | Art-Invest Real Estate Group | – |
| HanseYachts Consumer · Germany | 2011 | 2025 | MBO | Mueller Verwaltung and CEO Hanjo Runde | – |
| Ideal Shopping Direct Consumer · UK | 2018 | 2022 | Trade Sale | Hamish Morjaria | – |
| Office Depot CEE Business Services · Czech Republic and Slovakia | 2016 | 2019 | Trade Sale | PBS Holding AG | – |
| Office Depot Nordics Business Services · Sweden | 2017 | 2020 | MBO | CEO Frank Egholm and management team, backed by an unnamed family office | – |
| Regain Polymers Industrials · United Kingdom | 2015 | 2017 | Trade Sale | Imerys Group | – |
| Rivus Fleet Solutions Business Services · United Kingdom | 2019 | 2024 | Trade Sale | Metropolitan Police Service | – |
| Secop Industrials · Germany | 2010 | 2017 | Trade Sale | Nidec Corporation | – |
| SEG Electronics Industrials · Kempen, Germany | 2020 | 2026 | Trade Sale | Arteche Group | – |
| Solidus Solutions Industrials · Netherlands | 2015 | 2019 | Secondary | Centerbridge Partners | 16.7x |
| VAG Industrials · Germany | 2018 | 2025 | Trade Sale | Georg Fischer | – |
| VAG Group Mobility · Germany | 2018 | 2025 | Trade Sale | Georg Fischer AG | – |
| Viking Europe Business Services · Netherlands | 2017 | 2021 | Trade Sale | RAJA Group | – |
AURELIUS GrowthActiveGrowth20054 assetsGrowth2005 · 21yr–4–
Unrealized
4 held| Company | Entry |
|---|---|
| Better Taste Group Consumer · Germany | 2018 |
| DEMIS GmbH Business Services · Germany | 2025 |
| detailM AdTech · Germany | 2020 |
| Ringbeck Construction · Germany | 2021 |
About AURELIUS
AURELIUS is a privately-held global alternative investment platform with more than €5 billion of assets under management across alternative strategies as of December 2024 (mid-market PE strategy €830 million available capital plus additional Private Debt and Real Estate platforms), headquartered in Munich with 9 offices including London, Amsterdam, Luxembourg, Malta, Milan, Stockholm, New York and Chicago. The firm was founded in 2005 by Dirk Markus and Gert Purkert (both former McKinsey consultants). The originally-listed AURELIUS Equity Opportunities SE & Co KGaA delisted in 2023, with the group now operating as a private alternative asset manager.
Investment thesis
AURELIUS deploys capital through five plus active vehicles including AURELIUS PE Mid-Market, AURELIUS PE Growth, AURELIUS Private Debt, AURELIUS Real Estate and Wealth Management vehicles, targeting special situations and operational mid-market buyouts plus growth-stage and private debt. The platform has pivoted over the past decade from pure distressed toward healthier companies with operational improvement potential. Sector focus spans industrials, business services, chemicals, consumer products, technology and software and life sciences. Geographic deployment is across Europe and North America. The operational turnaround DNA combines with a 400 plus professional in-house value-creation team executing carve-outs from large corporates.
Recent activity
Recent realised exits include apparel and schoolwear (Trutex, 2025), industrial services (MUVIQ, 2024) and consumer (Deli Barn, 2024). Recent acquisitions include smart metering (Landis+Gyr EMEA, 2025), smart metering (Sensus International from Xylem, 2025), industrial batteries (FIAMM, 2025) and automotive components (CSP/Teijin Automotive, 2024). The platform continues active deployment across the multi-strategy alternative platform.
Frequently asked questions
- What investment strategy does AURELIUS focus on?
- AURELIUS focuses on Buyout, Growth strategies in the private equity space.
- How many portfolio companies does AURELIUS have?
- AURELIUS has 50 active portfolio companies and 24 completed exits and 4 funds tracked on GP Intel.
- Where is AURELIUS headquartered?
- AURELIUS is headquartered in Munich, Germany.
- When was AURELIUS founded?
- AURELIUS was founded in 2005.
- What sectors does AURELIUS invest in?
- AURELIUS invests across Industrials, Consumer, Business Services, TMT, Healthcare.
- What are AURELIUS's recent exits?
- Recent realized exits by AURELIUS include: SEG Electronics (2026) to Arteche Group; HanseYachts (2025) to Mueller Verwaltung and CEO Hanjo Runde; VAG (2025) to Georg Fischer; VAG Group (2025) to Georg Fischer AG; Ceramic Tile Distributors (2024) to Topps Tiles Plc; Rivus Fleet Solutions (2024) to Metropolitan Police Service; Blaupunkt (2023) to Established Inc. (Talisman Brands); Distrelec (2023) to RS Group.
Similar firms
Other private equity firms tracked on GP Intel.