What investment strategy does Borromin Capital Management focus on?

Borromin Capital Management focuses on Buyout strategies in the private equity space.

How many portfolio companies does Borromin Capital Management have?

Borromin Capital Management has 12 active portfolio companies and 12 completed exits and 5 funds tracked on GP Intel.

Where is Borromin Capital Management headquartered?

Borromin Capital Management is headquartered in Frankfurt, Germany.

What is Borromin Capital Management's assets under management?

Borromin Capital Management manages approximately €455M in assets under management.

When was Borromin Capital Management founded?

Borromin Capital Management was founded in 2001.

What sectors does Borromin Capital Management invest in?

Borromin Capital Management invests across Industrials, Consumer, Business Services, Healthcare.

What are Borromin Capital Management's recent exits?

Recent realized exits by Borromin Capital Management include: Falk & Ross Group (2024) to The Cotton Group; Wilvo Group (2023) to Rivean Capital; Guntermann & Drunck (2021) to Naxicap Partners; Food & Service Group (2019) to Finatem; AVS Group (2018) to Triton; Barat Ceramics (2018) to Qsil; Stanzwerk Jessen (2018) to Feintool International; Dahlback (2014) to Deutsche Beteiligungs AG.

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Borromin Capital Management

Frankfurt, Germany·Founded 2001·

Buyout

·borromin.com

Independent Frankfurt mid-market buyout firm doing majority deals in the DACH region and Benelux across industrials, consumer and business services. Started as BHF Private Equity in 2001, renamed Steadfast Capital in 2005 and rebranded to Borromin Capital Management in 2020.

AUM

€455M

Funds

vintages 2005–2025

Portfolio

Exits

Borromin Capital Management is a Frankfurt buyout firm with €455M AUM, 12 active companies and 12 exits.

SectorsIndustrials Consumer Business Services Healthcare

Key takeaways

·3 exits in the last 5 years · consistent DPI cadence.
·Average hold across 12 realized deals: 6 years.
·Top sector focus: Industrials (25% of portfolio).
·Fund cadence: ~5Y between vintages · last raise 2025.

Sector breakdown

24 companies

Industrials

6 · 25%

Mobility

5 · 21%

Consumer

4 · 17%

Construction

2 · 8%

Business Services

2 · 8%

Aerospace & Defence

1 · 4%

MedTech

1 · 4%

IT Services

1 · 4%

Geography breakdown

2 geographies

Germany

20 · 83%

Netherlands

4 · 17%

Key facts

HQFrankfurt, Germany

Founded2001

Websiteborromin.com

Recent exits

Borromin Capital Management sold Falk & Ross Group to The Cotton Group in 2024 after 15 years.

Borromin Capital Management sold Wilvo Group to Rivean Capital in 2023 after 4 years.

Borromin Capital Management sold Guntermann & Drunck to Naxicap Partners in 2021 after 5 years.

Borromin Capital Management sold Food & Service Group to Finatem in 2019 after 4 years.

Partners

Nick Money-KyrleManaging Partner

Coverage notes

5 funds tracked, 24 portfolio companies (12 active · 12 realized). Verified weekly from public filings and deal announcements.

Investment team

Senior partners. Hand-checked from public filings and the firm's own site.

Nick Money-Kyrle

Managing Partner

Funds & portfolio

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

5 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Borromin Capital Fund V

Buyout20252 assets

Buyout

2025 · 1yr

–

Unrealized

2 held

Company	Entry
Herbrig & Co Industrials · Germany	2025
Hollanddak Construction · Netherlands	2025

Borromin Capital Fund IVHarvesting

Buyout2019€300M9 assets1 exits

Buyout

2019 · 7yr

€300M

Unrealized

9 held

Company	Entry
Aerotec Aerospace & Defence · Germany	2022
BUK Group Mobility · Germany	2019
Eberle Construction · Germany	2022
Kempf Group Mobility · Germany	2019
Koop Group Business Services · Netherlands	2019
Little John Bikes Consumer · Germany	2021
Protect Medical Group MedTech · Germany	2019
QITS IT Services · Germany	2021
von Wuelfing Immobilien Real Estate · Germany	2022

Realized

1 exit

Company	Entry	Exit	Type	Buyer	MOIC
Wilvo Group Industrials · Netherlands	2019	2023	Secondary	Rivean Capital	–

Steadfast Capital Fund IIIRealized

Buyout20110 assets5 exits

Buyout

2011 · 15yr

–

Realized

5 exits

Company	Entry	Exit	Type	Buyer	MOIC
AVS Group Business Services · Germany	2013	2018	Secondary	Triton	–
Barat Ceramics Industrials · Germany	2012	2018	Trade Sale	Qsil	–
Food & Service Group Consumer · Germany	2015	2019	Secondary	Finatem	–
Guntermann & Drunck TMT · Germany	2016	2021	Secondary	Naxicap Partners	–
Stanzwerk Jessen Mobility · Germany	2016	2018	Trade Sale	Feintool International	–

Steadfast Capital Fund IIHarvesting

Buyout20071 assets2 exits

Buyout

2007 · 19yr

–

Unrealized

1 held

Company	Entry
proFagus Industrials · Germany	2010

Realized

2 exits

Company	Entry	Exit	Type	Buyer	MOIC
Falk & Ross Group Consumer · Germany	2009	2024	Trade Sale	The Cotton Group	–
Kautex Maschinenbau Mobility · Germany	2007	2013	Secondary	capiton	–

Steadfast Capital Fund IRealized

Buyout20050 assets4 exits

Buyout

2005 · 21yr

–

Realized

4 exits

Company	Entry	Exit	Type	Buyer	MOIC
Cetelon Industrials · Germany	2005	2011	Trade Sale	Berlac Group	–
Dahlback Consumer · Germany	2005	2014	Secondary	Deutsche Beteiligungs AG	–
FEP Fahrzeugelektrik Pirna Mobility · Germany	2006	2011	Trade Sale	Amphenol Group	–
MPS Meat Processing Systems Industrials · Netherlands	2004	2010	Secondary	Barclays Private Equity	–

About Borromin Capital Management

Borromin Capital Management is one of Germany's longest-established mid-market PE teams with approximately €300 million plus of assets under management as of December 2024, headquartered in Frankfurt. The firm was founded in 2001 in Frankfurt as Steadfast Capital before rebranding to Borromin Capital Management in January 2020, operating as a director-owned independent advisory business now advising its fourth generation of funds. Borromin has completed approximately 18 total exits to date.

Investment thesis

Borromin Capital Management deploys capital through approximately four to five fund generations (Fund IV is the most recent named vehicle, formerly Steadfast Capital Fund IV at €300 million 2019 close), targeting succession-focused mid-market buyouts (Nachfolgelösungen) by structuring, financing and supporting company successions with majority stakes in established SMEs. Sector focus spans industrial manufacturing and precision engineering, business services, consumer and distribution, healthcare and building products. Geographic deployment is Germany and German-speaking Europe plus neighbouring countries including Benelux. The platform is built specifically around solving ownership-succession situations.

Recent activity

Recent realised exits include aerospace equipment and services (2025) and a water and utility group (2024). Recent acquisitions include precision turned-parts and industrial manufacturing (2025). The platform continues active deployment across the German succession-focused mid-market mandate.

Frequently asked questions

What investment strategy does Borromin Capital Management focus on?: Borromin Capital Management focuses on Buyout strategies in the private equity space.
How many portfolio companies does Borromin Capital Management have?: Borromin Capital Management has 12 active portfolio companies and 12 completed exits and 5 funds tracked on GP Intel.
Where is Borromin Capital Management headquartered?: Borromin Capital Management is headquartered in Frankfurt, Germany.
What is Borromin Capital Management's assets under management?: Borromin Capital Management manages approximately €455M in assets under management.
When was Borromin Capital Management founded?: Borromin Capital Management was founded in 2001.
What sectors does Borromin Capital Management invest in?: Borromin Capital Management invests across Industrials, Consumer, Business Services, Healthcare.
What are Borromin Capital Management's recent exits?: Recent realized exits by Borromin Capital Management include: Falk & Ross Group (2024) to The Cotton Group; Wilvo Group (2023) to Rivean Capital; Guntermann & Drunck (2021) to Naxicap Partners; Food & Service Group (2019) to Finatem; AVS Group (2018) to Triton; Barat Ceramics (2018) to Qsil; Stanzwerk Jessen (2018) to Feintool International; Dahlback (2014) to Deutsche Beteiligungs AG.