What investment strategy does GBK Beteiligungen AG focus on?

GBK Beteiligungen AG focuses on Growth, Buyout strategies in the private equity space.

How many portfolio companies does GBK Beteiligungen AG have?

GBK Beteiligungen AG has 23 active portfolio companies and 4 completed exits and 1 fund tracked on GP Intel.

Where is GBK Beteiligungen AG headquartered?

GBK Beteiligungen AG is headquartered in Hannover, Germany.

What is GBK Beteiligungen AG's assets under management?

GBK Beteiligungen AG manages approximately €50M in assets under management.

When was GBK Beteiligungen AG founded?

GBK Beteiligungen AG was founded in 1969.

What sectors does GBK Beteiligungen AG invest in?

GBK Beteiligungen AG invests across Industrials, Business Services, Consumer, Healthcare, TMT.

What are GBK Beteiligungen AG's recent exits?

Recent realized exits by GBK Beteiligungen AG include: LACON Electronic GmbH (2026) to Incap Corporation; Schiller Fleisch GmbH (2026) to Gausepohl Food Group; ZEEH Design GmbH (2026) to Liberta Partners; OQEMA AG (2024) to Gebrüder Overlack AG.

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GBK Beteiligungen AG

Hannover, Germany·Founded 1969·

Growth Equity Buyout

·gbk-ag.de

GBK Beteiligungen AG is one of Germany's oldest listed investment companies, founded in 1969 in Hamburg and headquartered in Hannover since 2004. It operates as an evergreen holding, taking long-term minority and equity-like stakes in profitable DACH Mittelstand companies for succession and growth financing, and co-invests alongside HANNOVER Finanz GmbH under a cooperation running since 2002. As an internally-managed AIF, its long-term book rests on eight open-ended Evergreen funds with unlimited duration, and its portfolio spans roughly 27 mid-market production, service and trading businesses with revenues up to about EUR 350 million.

AUM

€50M

Funds

vintages 1991

Portfolio

Exits

GBK Beteiligungen AG is a Hannover growth equity firm with €50M AUM, 23 active companies and 4 exits.

SectorsIndustrials Business Services Consumer Healthcare TMT

Key takeaways

·4 exits in the last 5 years · consistent DPI cadence.
·Average hold across 4 realized deals: 9 years.
·Top sector focus: Industrials (33% of portfolio).

Sector breakdown

27 companies

Industrials

9 · 33%

Business Services

5 · 19%

MedTech

2 · 7%

Hospitality

1 · 4%

Software

1 · 4%

Pharma

1 · 4%

Construction

1 · 4%

Financials

1 · 4%

Geography breakdown

3 geographies

Germany

25 · 93%

Luxembourg

1 · 4%

Austria

1 · 4%

Key facts

HQHannover, Germany

Founded1969

Websitegbk-ag.de

Recent exits

GBK Beteiligungen AG sold LACON Electronic GmbH to Incap Corporation in 2026 after 7 years.

GBK Beteiligungen AG sold Schiller Fleisch GmbH to Gausepohl Food Group in 2026 after 10 years.

GBK Beteiligungen AG sold ZEEH Design GmbH to Liberta Partners in 2026 after 8 years.

GBK Beteiligungen AG sold Oqema AG to Gebrüder Overlack AG in 2024 after 10 years.

Coverage notes

1 fund tracked, 27 portfolio companies (23 active · 4 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund GBK Beteiligungen AG has raised, with its portfolio companies. Hand-checked from public filings.

1 fund

Fund

Strategy

Vintage

Size

Assets

Exits

GBK Evergreen HoldingsActive

Evergreen1991€50M23 assets4 exits

Evergreen

1991 · 35yr

€50M

Unrealized

23 held

Company	Entry
Achat Hotel und Immobilienbetrieb Hospitality · Germany	2016
Appmatics GmbH Software · Germany	2023
Atec Pharmatechnik GmbH Pharma · Germany	2022
BUEHR Gruppe Construction · Germany	2021
Dental Direkt GmbH MedTech · Germany	2021
Excon Services GmbH Business Services · Germany	2007
FINVIA Holding GmbH Financials · Germany	2022
First Climate AG Business Services · Germany	2021
FW Frey Winkler GmbH MedTech · Germany	2015
Hansa Meyer Global Holding Logistics · Germany	2004
HF Private Debt Fonds SCSp Luxembourg	2018
Huebers Verfahrenstechnik Industrials · Germany	2021
IPR Intelligente Peripherien fuer Roboter Industrials · Germany	2015
Josef Lentner GmbH Industrials · Germany	2024
Kirsch Lutjohann GmbH Business Services · Germany	1998
KLE Holding GmbH Industrials · Germany	2020
Koehler Gruppe Mobility · Germany	2006
Loewenstark Online Marketing TMT · Germany	2021
Media Concept Buerobedarf GmbH E-commerce · Germany	2011
Moeschter Group Holding Industrials · Germany	2016
PEAK Technology GmbH Industrials · Austria	2024
WMU Waermebehandlungsanlagen Industrials · Germany	2017
Ziemann Sicherheit GmbH Business Services · Germany	2008

Realized

4 exits

Company	Entry	Exit	Type	Buyer	MOIC
LACON Electronic GmbH Industrials · Germany	2019	2026	Trade Sale	Incap Corporation	–
Oqema AG Industrials · Germany	2014	2024	Secondary	Gebrüder Overlack AG	–
Schiller Fleisch GmbH Consumer · Germany	2016	2026	Trade Sale	Gausepohl Food Group	–
ZEEH Design GmbH Business Services · Germany	2018	2026	Secondary	Liberta Partners	–

Frequently asked questions

What investment strategy does GBK Beteiligungen AG focus on?: GBK Beteiligungen AG focuses on Growth, Buyout strategies in the private equity space.
How many portfolio companies does GBK Beteiligungen AG have?: GBK Beteiligungen AG has 23 active portfolio companies and 4 completed exits and 1 fund tracked on GP Intel.
Where is GBK Beteiligungen AG headquartered?: GBK Beteiligungen AG is headquartered in Hannover, Germany.
What is GBK Beteiligungen AG's assets under management?: GBK Beteiligungen AG manages approximately €50M in assets under management.
When was GBK Beteiligungen AG founded?: GBK Beteiligungen AG was founded in 1969.
What sectors does GBK Beteiligungen AG invest in?: GBK Beteiligungen AG invests across Industrials, Business Services, Consumer, Healthcare, TMT.
What are GBK Beteiligungen AG's recent exits?: Recent realized exits by GBK Beteiligungen AG include: LACON Electronic GmbH (2026) to Incap Corporation; Schiller Fleisch GmbH (2026) to Gausepohl Food Group; ZEEH Design GmbH (2026) to Liberta Partners; OQEMA AG (2024) to Gebrüder Overlack AG.