What investment strategy does HBL InvestmentPartners focus on?

HBL InvestmentPartners focuses on Buyout, Growth strategies in the private equity space.

How many portfolio companies does HBL InvestmentPartners have?

HBL InvestmentPartners has 11 active portfolio companies and 1 completed exit and 1 fund tracked on GP Intel.

Where is HBL InvestmentPartners headquartered?

HBL InvestmentPartners is headquartered in Frankfurt am Main, Germany.

When was HBL InvestmentPartners founded?

HBL InvestmentPartners was founded in 2018.

What sectors does HBL InvestmentPartners invest in?

HBL InvestmentPartners invests across Industrials, Business Services, Consumer.

What are HBL InvestmentPartners's recent exits?

Recent realized exits by HBL InvestmentPartners include: TCT Technikcentrum Thale (2021) to EQOS Energie.

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HBL InvestmentPartners

Frankfurt am Main, Germany·Founded 2018·

Buyout Growth Equity

·hbl-partners.com

HBL InvestmentPartners is a Frankfurt-based small-mid buyout firm founded in 2018 that pools capital from successful German entrepreneurial families to acquire majority stakes in DACH mid-market companies, typically investing up to EUR 20 million of equity (exceptionally up to EUR 50 million) in succession, growth, spin-off and selective restructuring situations. Co-founded by Dr. Peter Hammermann, who built the German business of Barclays Private Equity (now Equistone) and ran it until 2011, together with cf:M partners Jens Bender and Joerg Leussink, the firm has built platforms concentrated in industrial and environmental services including water and wastewater technology, telecom infrastructure and construction. Because it deploys permanent family capital rather than a closed-end fund, HBL operates as an evergreen holding, having completed several platform investments and add-on acquisitions since its first deal in July 2018.

AUM

–

Funds

vintages 2018

Portfolio

Exits

HBL InvestmentPartners is a Frankfurt am Main buyout firm with 11 active companies and 1 exit.

SectorsIndustrials Business Services Consumer

Sector breakdown

12 companies

Industrials

4 · 33%

Construction

2 · 17%

TMT

1 · 8%

Key facts

HQFrankfurt am Main, Germany

Founded2018

Websitehbl-partners.com

Recent exits

HBL InvestmentPartners sold TCT Technikcentrum Thale to EQOS Energie in 2021 after 3 years.

Partners

Dr. Peter HammermannFounding Partner

Coverage notes

1 fund tracked, 12 portfolio companies (11 active · 1 realized). Verified weekly from public filings and deal announcements.

Investment team

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

Dr. Peter Hammermann

Founding Partner

Funds & portfolio

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

1 fund

Fund

Strategy

Vintage

Size

Assets

Exits

HBL InvestmentPartners EvergreenActive

Evergreen201811 assets1 exits

Evergreen

2018 · 8yr

–

Unrealized

11 held

Company	Entry
August Frebe Construction · Germany	2025
AWT Umwelttechnik Industrials · Germany	2021
DWH Deutsche Wasser Holding GmbH Germany	2026
HIK GmbH Germany	–
Ingenieur-Buero Kurt Freudenberg Industrials · Germany	2025
KWT Hilpert GmbH Germany	2023
RESCON Resistant-Concrete Construction · Germany	2025
Rescon SEAL GmbH Germany	2025
Zahnen Technik Industrials · Germany	2021
ZWT Engineering GmbH Germany	–
ZWT Wasser- und Abwassertechnik Industrials · Germany	2019

Realized

1 exit

Company	Entry	Exit	Type	Buyer	MOIC
TCT Technikcentrum Thale TMT · Germany	2018	2021	Secondary	EQOS Energie	–

Frequently asked questions

What investment strategy does HBL InvestmentPartners focus on?: HBL InvestmentPartners focuses on Buyout, Growth strategies in the private equity space.
How many portfolio companies does HBL InvestmentPartners have?: HBL InvestmentPartners has 11 active portfolio companies and 1 completed exit and 1 fund tracked on GP Intel.
Where is HBL InvestmentPartners headquartered?: HBL InvestmentPartners is headquartered in Frankfurt am Main, Germany.
When was HBL InvestmentPartners founded?: HBL InvestmentPartners was founded in 2018.
What sectors does HBL InvestmentPartners invest in?: HBL InvestmentPartners invests across Industrials, Business Services, Consumer.
What are HBL InvestmentPartners's recent exits?: Recent realized exits by HBL InvestmentPartners include: TCT Technikcentrum Thale (2021) to EQOS Energie.