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.
Bavaria Industries Group is a Munich buyout firm with €350M AUM, 4 active companies and 6 exits.
- ·Average hold across 6 realized deals: 7 years.
- ·Top sector focus: Business Services (40% of portfolio).
Sector breakdown
10 companiesGeography breakdown
6 geographiesKey facts
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.
Bavaria Industries Group Balance SheetActiveEvergreen2003€350M4 assets6 exitsEvergreen2003 · 23yr€350M46
Unrealized
4 held| Company | Entry |
|---|---|
| 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| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Arti Group TMT · Italy | 2014 | 2018 | Trade Sale | Arti Group Holding (AGH) | – |
| Asterion International Business Services · Germany | 2013 | 2018 | Trade Sale | Exela Technologies | – |
| BB Government Services Business Services · Germany | 2014 | 2020 | Trade Sale | PORR | – |
| Hering AG Industrials · Germany | 2012 | 2024 | Secondary | – | – |
| TriStone Flowtech Mobility · France | 2010 | 2017 | Trade Sale | Anhui Zhongding Sealing Parts | – |
| vosla Mobility · Germany | 2012 | 2017 | Secondary | DI 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.
Similar firms
Other private equity firms tracked on GP Intel.