What investment strategy does Castik Capital focus on?

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

How many portfolio companies does Castik Capital have?

Castik Capital has 15 active portfolio companies and 4 completed exits and 4 funds tracked on GP Intel.

Where is Castik Capital headquartered?

Castik Capital is headquartered in Munich, Germany.

What is Castik Capital's assets under management?

Castik Capital manages approximately €5.0B in assets under management.

When was Castik Capital founded?

Castik Capital was founded in 2014.

What sectors does Castik Capital invest in?

Castik Capital invests across Software, Business Services, Industrials, Healthcare, Consumer.

What are Castik Capital's recent exits?

Recent realized exits by Castik Capital include: Reward Gateway (2023) to Edenred; Waterlogic (2022) to Culligan International; Acrotec (2021) to The Carlyle Group; ipan/Delegate (2019) to CPA Global.

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Castik Capital

Munich, Germany·Founded 2014·

Buyout

·castik.com

Castik Capital is a European private equity firm founded in June 2014 by Michael Phillips and partners spinning out of Apax, investing through its EPIC fund family: EPIC I (EUR 1bn, 2015), the EPIC I-b single-asset continuation fund (EUR 700m, 2021), EPIC II (EUR 1.25bn, 2020) and EPIC III (EUR 2bn, 2024). The fund manager is seated in Luxembourg while the 28-strong investment advisory team operates from Munich, which anchors the firm in Germany under an operational-headquarters view. Castik manages around EUR 5bn and backs European platform companies in software, services, industrials and healthcare.

AUM

€5.0B

Funds

vintages 2015–2024

Portfolio

Exits

Castik Capital is a Munich buyout firm with €5.0B AUM, 15 active companies and 4 exits.

SectorsSoftware Business Services Industrials Healthcare Consumer

Key takeaways

·3 exits in the last 5 years · consistent DPI cadence.
·Average hold across 4 realized deals: 4 years.
·Fund cadence: ~3Y between vintages · last raise 2024.

Sector breakdown

19 companies

Business Services

4 · 21%

SaaS

3 · 16%

Industrials

2 · 11%

Consumer

2 · 11%

Logistics

2 · 11%

Healthcare

2 · 11%

HR Tech

1 · 5%

E-commerce

1 · 5%

Geography breakdown

8 geographies

Germany

5 · 26%

Netherlands

4 · 21%

Norway

2 · 11%

1 · 5%

Switzerland

1 · 5%

Sweden

1 · 5%

Belgium

1 · 5%

Key facts

HQMunich, Germany

Founded2014

Employees57+

Websitecastik.com

Recent exits

Castik Capital sold Reward Gateway to Edenred in 2023 after 2 years.

Castik Capital sold Waterlogic to Culligan International in 2022 after 7 years.

Castik Capital sold Acrotec to The Carlyle Group in 2021 after 5 years.

Castik Capital sold ipan/Delegate to CPA Global in 2019 after 1 year.

Partners

Michael PhillipsFounder and Managing Partner

Michael GroeberInvestment Partner, Co-Founder

Dr. Marc-Oliver JauchInvestment Partner

Coverage notes

4 funds tracked, 19 portfolio companies (15 active · 4 realized). Verified weekly from public filings and deal announcements.

Investment team

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

Michael Phillips

Founder and Managing Partner

Michael Groeber

Investment Partner, Co-Founder

Dr. Marc-Oliver Jauch

Investment Partner

Funds & portfolio

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

4 funds

Fund

Strategy

Vintage

Size

Assets

Exits

EPIC III

Buyout2024€2.0B5 assets

Buyout

2024 · 2yr

€2.0B

–

Unrealized

5 held

Company	Entry
Aider Business Services · Norway	2025
Andra Tech Group Industrials · Netherlands	2024
Interact Intranet SaaS · UK	2025
Interact Software SaaS · UK	2025
WATR Group Business Services · Germany	2025

EPIC I-bActive

Buyout2021€700M1 assets

Buyout

2021 · 5yr

€700M

–

Unrealized

1 held

Company	Entry
Culligan Consumer · US	2022

EPIC IIHarvesting

Buyout2020€1.3B6 assets1 exits

Buyout

2020 · 6yr

€1.3B

Unrealized

6 held

Company	Entry
artus Business Services · Germany	2022
Customs Support Group Logistics · Netherlands	2020
Element Logic Logistics · Norway	2021
Global Gruppe Business Services · Germany	2023
paraDIGMA group Healthcare · Netherlands	2024
TBAuctions E-commerce · Netherlands	2022

Realized

1 exit

Company	Entry	Exit	Type	Buyer	MOIC
Reward Gateway HR Tech · UK	2021	2023	Trade Sale	Edenred	–

EPIC IHarvesting

Buyout2015€1.0B3 assets3 exits

Buyout

2015 · 11yr

€1.0B

Unrealized

3 held

Company	Entry
AddSecure Software · Sweden	2019
AllDent Healthcare · Germany	2019
Alpega SaaS · Belgium	2017

Realized

3 exits

Company	Entry	Exit	Type	Buyer	MOIC
Acrotec Industrials · Switzerland	2016	2021	Secondary	The Carlyle Group	–
ipan/Delegate LegalTech · Germany	2018	2019	Trade Sale	CPA Global	–
Waterlogic Consumer · UK	2015	2022	Trade Sale	Culligan International	–

Frequently asked questions

What investment strategy does Castik Capital focus on?: Castik Capital focuses on Buyout strategies in the private equity space.
How many portfolio companies does Castik Capital have?: Castik Capital has 15 active portfolio companies and 4 completed exits and 4 funds tracked on GP Intel.
Where is Castik Capital headquartered?: Castik Capital is headquartered in Munich, Germany.
What is Castik Capital's assets under management?: Castik Capital manages approximately €5.0B in assets under management.
When was Castik Capital founded?: Castik Capital was founded in 2014.
What sectors does Castik Capital invest in?: Castik Capital invests across Software, Business Services, Industrials, Healthcare, Consumer.
What are Castik Capital's recent exits?: Recent realized exits by Castik Capital include: Reward Gateway (2023) to Edenred; Waterlogic (2022) to Culligan International; Acrotec (2021) to The Carlyle Group; ipan/Delegate (2019) to CPA Global.