Quadriga Capital

About Quadriga Capital

Quadriga Capital is a long-established DACH mid-market private equity firm with more than €1 billion of assets in active funds as of December 2024 (Fund VI plus prior vintages, more than €6 billion total historic transaction volume), headquartered in Frankfurt. The firm was founded in 1995 by Dr. Andreas Fendel and Max W. Romer (founders who helped establish German PE industry in mid-1980s). Quadriga Capital operates as a founder-led independent partnership.

Investment thesis

Quadriga Capital deploys capital through approximately six flagship funds (Funds I through VI, Fund VI active 2023+ vintage), targeting buy-and-build mid-market growth platforms in DACH as an Article 8 SFDR fund. Sector focus spans healthcare, tech-enabled services and smart industries. Geographic deployment is anchored in DACH-core (Germany, Austria, Switzerland) with a global network for follow-on growth. The 25 plus year DACH mid-market track record combines with embedded sustainability and ESG framework across the value-creation playbook.

Recent activity

Recent realised exits include industrial services (2024). Recent acquisitions include healthcare (United Therapy platform expansion, 2026). The platform continues active deployment of Fund VI across the DACH mid-market mandate. Detailed buyer names and multiple data available on Pro at €29/month.