What investment strategy does Maxburg Capital Partners focus on?

Maxburg Capital Partners focuses on Buyout, Growth strategies in the private equity space.

How many portfolio companies does Maxburg Capital Partners have?

Maxburg Capital Partners has 15 active portfolio companies and 10 completed exits and 3 funds tracked on GP Intel.

Where is Maxburg Capital Partners headquartered?

Maxburg Capital Partners is headquartered in Munich, Germany.

What is Maxburg Capital Partners's assets under management?

Maxburg Capital Partners manages approximately €1.1B in assets under management.

When was Maxburg Capital Partners founded?

Maxburg Capital Partners was founded in 2014.

What sectors does Maxburg Capital Partners invest in?

Maxburg Capital Partners invests across Software, TMT, Industrials, Healthcare, Business Services, Consumer.

What are Maxburg Capital Partners's recent exits?

Recent realized exits by Maxburg Capital Partners include: Bunny Tiernahrung (2026) to Burgess Pet Care; GfS (2025) to ASSA ABLOY; STARFACE (2025) to Gamma Communications; synvert (2025) to Hitachi; KGS Software (2023) to GENUI; MALTEGO (2023) to Charlesbank Capital Partners; Constantia Flexibles (2023) to One Rock Capital Partners; TENADO (2022) to Revalize.

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Maxburg Capital Partners

Munich, Germany·Founded 2014·

Buyout Growth Equity

·maxburg.com

Maxburg Capital Partners is a Munich-based private equity manager founded in 2014 that invests exclusively on behalf of the RAG-Stiftung. It runs a highly flexible, long-horizon evergreen-style mandate, investing 10 to 200 million euros per deal across the capital structure (equity, quasi-equity, mezzanine) as majority or minority holder in private and listed German-speaking mid-caps. Fund volume grew from 300 million euros to 600 million euros with Maxburg Beteiligungen III and past 1 billion euros with Fund IV. The firm focuses on founder-led software, technology and industrial companies and has produced multiple exits including PharmaZell, Maltego, Tenado, KGS, STARFACE and synvert.

AUM

€1.1B

Funds

vintages 2014–2022

Portfolio

Exits

Maxburg Capital Partners is a Munich buyout firm with €1.1B AUM, 15 active companies and 10 exits.

SectorsSoftware TMT Industrials Healthcare Business Services Consumer

Key takeaways

·9 exits in the last 5 years · consistent DPI cadence.
·Average hold across 10 realized deals: 6 years.
·Fund cadence: ~4Y between vintages · last raise 2022.

Sector breakdown

25 companies

Software

4 · 16%

Consumer

4 · 16%

IT Services

3 · 12%

Business Services

3 · 12%

Industrials

3 · 12%

Cybersecurity

2 · 8%

MedTech

1 · 4%

Data & Analytics

1 · 4%

Geography breakdown

3 geographies

Germany

23 · 92%

Portugal

1 · 4%

Austria

1 · 4%

Key facts

HQMunich, Germany

Founded2014

Employees19+

Websitemaxburg.com

Recent exits

Maxburg Capital Partners sold Bunny Tiernahrung to Burgess Pet Care in 2026 after 5 years.

Maxburg Capital Partners sold GfS to ASSA ABLOY in 2025 after 6 years.

Maxburg Capital Partners sold Starface to Gamma Communications in 2025 after 6 years.

Maxburg Capital Partners sold synvert to Hitachi in 2025 after 5 years.

Partners

Georg LandesvatterPartner

Coverage notes

3 funds tracked, 25 portfolio companies (15 active · 10 realized). Verified weekly from public filings and deal announcements.

Investment team

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

Georg Landesvatter

Partner

Funds & portfolio

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

3 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Maxburg Beteiligungen IV

Buyout2022€450M5 assets

Buyout

2022 · 4yr

€450M

–

Unrealized

5 held

Company	Entry
AraCom IT Services · Germany	2023
DCON Software · Germany	2024
MLase MedTech · Germany	2023
Motel a Miio Consumer · Portugal	2021
slashwhy IT Services · Germany	2024

Maxburg Beteiligungen III

Buyout2017€300M8 assets7 exits

Buyout

2017 · 9yr

€300M

Unrealized

8 held

Company	Entry
acontis technologies Software · Germany	2021
Deutsche Umwelttechnik Business Services · Germany	2019
Krongaard Business Services · Germany	2021
metoda Data & Analytics · Germany	2020
Neo Cos Consumer · Germany	2020
Perlkoenig Consumer · Germany	2018
Psychosomatische Privatklinik Bad Groenenbach Healthcare · Germany	2020
Securepoint Cybersecurity · Germany	2018

Realized

7 exits

Company	Entry	Exit	Type	Buyer	MOIC
Bunny Tiernahrung Consumer · Germany	2021	2026	Trade Sale	Burgess Pet Care	–
GfS Industrials · Germany	2019	2025	Trade Sale	ASSA ABLOY	–
KGS Software Software · Germany	2018	2023	Secondary	GENUI	–
Maltego Cybersecurity · Germany	2017	2023	Secondary	Charlesbank Capital Partners	–
Starface Telecom · Germany	2019	2025	Trade Sale	Gamma Communications	–
synvert IT Services · Germany	2020	2025	Trade Sale	Hitachi	–
Tenado Software · Germany	2017	2022	Secondary	Revalize	–

Maxburg Beteiligungen

Buyout2014€150M2 assets3 exits

Buyout

2014 · 12yr

€150M

Unrealized

2 held

Company	Entry
Norafin Industrials · Germany	2016
Safety & Technical Supplies Business Services · Germany	2016

Realized

3 exits

Company	Entry	Exit	Type	Buyer	MOIC
Constantia Flexibles Industrials · Austria	2015	2023	Secondary	One Rock Capital Partners	–
PharmaZell Pharma · Germany	2014	2020	Secondary	Bridgepoint	–
zooplus E-commerce · Germany	2014	2021	Secondary	Hellman & Friedman	–

Frequently asked questions

What investment strategy does Maxburg Capital Partners focus on?: Maxburg Capital Partners focuses on Buyout, Growth strategies in the private equity space.
How many portfolio companies does Maxburg Capital Partners have?: Maxburg Capital Partners has 15 active portfolio companies and 10 completed exits and 3 funds tracked on GP Intel.
Where is Maxburg Capital Partners headquartered?: Maxburg Capital Partners is headquartered in Munich, Germany.
What is Maxburg Capital Partners's assets under management?: Maxburg Capital Partners manages approximately €1.1B in assets under management.
When was Maxburg Capital Partners founded?: Maxburg Capital Partners was founded in 2014.
What sectors does Maxburg Capital Partners invest in?: Maxburg Capital Partners invests across Software, TMT, Industrials, Healthcare, Business Services, Consumer.
What are Maxburg Capital Partners's recent exits?: Recent realized exits by Maxburg Capital Partners include: Bunny Tiernahrung (2026) to Burgess Pet Care; GfS (2025) to ASSA ABLOY; STARFACE (2025) to Gamma Communications; synvert (2025) to Hitachi; KGS Software (2023) to GENUI; MALTEGO (2023) to Charlesbank Capital Partners; Constantia Flexibles (2023) to One Rock Capital Partners; TENADO (2022) to Revalize.