Skip to content
Home/GPs/Bavaria Industries Group
DetailCard
Bavaria Industries Group

Bavaria Industries Group

Munich, Germany·Founded 2003··baikap.de

Bavaria Industries Group AG (formerly Bavaria Industriekapital AG) is a Munich-based evergreen industrial holding founded in 2003 that acquires, restructures and rehabilitates underperforming or non-core industrial and business-services businesses off its own balance sheet, holding them for the long term. Formerly listed on Deutsche Boerse and delisted in July 2024, it has roughly EUR 350 million available for long-term investments and applies its BAVARIA operating system to drive turnarounds in niche industrial and service markets across Germany, France, Belgium and the UK.

AUM
€350M
Funds
1
vintages 2003
Portfolio
4
Exits
6

Bavaria Industries Group is a Munich buyout firm with €350M AUM, 4 active companies and 6 exits.

Key takeaways
  • ·Average hold across 6 realized deals: 7 years.
  • ·Top sector focus: Business Services (40% of portfolio).

Sector breakdown

10 companies
Business Services
4 · 40%
Mobility
3 · 30%
Industrials
2 · 20%
TMT
1 · 10%

Geography breakdown

6 geographies
Germany
4 · 40%
France
2 · 20%
Italy
1 · 10%
Belgium
1 · 10%
Sweden
1 · 10%
UK
1 · 10%

Key facts

HQMunich, Germany
Founded2003
Websitebaikap.de

Recent exits

Bavaria Industries Group exited Hering AG in 2024 after 12 years.

Bavaria Industries Group sold BB Government Services to PORR in 2020 after 6 years.

Bavaria Industries Group sold Arti Group to Arti Group Holding (AGH) in 2018 after 4 years.

Bavaria Industries Group sold Asterion International to Exela Technologies in 2018 after 5 years.

Coverage notes

1 fund tracked, 10 portfolio companies (4 active · 6 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund Bavaria Industries Group has raised, with its portfolio companies. Hand-checked from public filings.

1 fund
Bavaria Industries Group Balance SheetActive
Evergreen2003€350M4 assets6 exits

Unrealized

4 held
CompanyEntry
Carbody
Mobility · France
2012
Cobelplast
Industrials · Belgium
2014
Pitney Bowes SMB Business (Europe)
Business Services · Sweden
2019
XYZ Rail & Civils
Business Services · UK
2020

Realized

6 exits
CompanyEntryExitTypeBuyerMOIC
Arti Group
TMT · Italy
20142018Trade SaleArti Group Holding (AGH)–
Asterion International
Business Services · Germany
20132018Trade SaleExela Technologies–
BB Government Services
Business Services · Germany
20142020Trade SalePORR–
Hering AG
Industrials · Germany
20122024Secondary––
TriStone Flowtech
Mobility · France
20102017Trade SaleAnhui Zhongding Sealing Parts–
vosla
Mobility · Germany
20122017SecondaryDI Kapital–

Frequently asked questions

What investment strategy does Bavaria Industries Group focus on?
Bavaria Industries Group focuses on Buyout strategies in the private equity space.
How many portfolio companies does Bavaria Industries Group have?
Bavaria Industries Group has 4 active portfolio companies and 6 completed exits and 1 fund tracked on GP Intel.
Where is Bavaria Industries Group headquartered?
Bavaria Industries Group is headquartered in Munich, Germany.
What is Bavaria Industries Group's assets under management?
Bavaria Industries Group manages approximately €350M in assets under management.
When was Bavaria Industries Group founded?
Bavaria Industries Group was founded in 2003.
What sectors does Bavaria Industries Group invest in?
Bavaria Industries Group invests across Industrials, Business Services.
What are Bavaria Industries Group's recent exits?
Recent realized exits by Bavaria Industries Group include: BB Government Services (2020) to PORR; Arti Group (2018) to Arti Group Holding (AGH); Asterion International (2018) to Exela Technologies; TriStone Flowtech (2017) to Anhui Zhongding Sealing Parts; vosla (2017) to DI Kapital.
Look up another firm or company
Last updated July 2026 · Sourced from public filings · Report an issue