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SGT German Private Equity GmbH & Co. KGaA
Major Shareholding Notification • Feb 22, 2018
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Major Shareholding Notification
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News Details
Corporate | 22 February 2018 15:01
German Startups Group GmbH & Co. KGaA: Obotritia Capital buys a major stake in German Startups Group
DGAP-News: German Startups Group GmbH & Co. KGaA / Key word(s): Investment
22.02.2018 / 15:01
The issuer is solely responsible for the content of this announcement.
+++ Press release +++
Obotritia Capital buys a major stake in German Startups Group
Berlin, 22 February 2018 – Obotritia Capital KGaA, Potsdam, the investment holding of successful investor Rolf Elgeti with focus on real estate and tech investments buys a major stake of around 8% in German Startups Group. Obotritia has acquired a block of shares off-market from a shareholder of German Startups Group. Other investments of Obotritia in listed tech companies include the VR specialist Staramba AG in Berlin, among others, through Obotritia’s subsidiary Hevella Capital.
Investor relations contact
German Startups Group
Marcel Doeppes
Mail: [email protected]
German Startups Group – We Love Startups!
German Startups Group is a listed investment company based in Berlin that focuses on young, fast-growing companies, so-called startups. The company acquires majority and minority shareholdings mainly by providing venture capital. The portfolio companies that German Startups Group holds also stand to benefit from German Startups Group’s expertise, experience and network with respect to strategy development, financing rounds, restructuring necessities, M&A transactions or selling the company, including a possible IPO. According to its own assessment, German Startups Group provides startups with so-called “smart money” by acquiring a shareholding. Its focus is on companies whose products or business models represent a disruptive innovation, allow for a high degree of scalability to be expected, and in which it has a great deal of trust in the entrepreneurial abilities of the founders to whom it feels that it obtains early access to due to its close relationships to relevant players in the startup scene. The geographical focus is on the German-speaking region. Since it commenced with operations in 2012, German Startups Group has in its opinion built up a diversified portfolio of investments in young companies and become the most active private venture capital investor in Germany since 2012 (CB Insights 2015, PitchBook 2016). 20 of the 37 minority stakeholdings in operationally active companies are of particular significance to German Startups Group and together comprise 89% of the total value of all 37 active minority stakeholdings. The 10 core holdings alone make up 67% of the value of all active minority stakeholdings. According to German Startups Group, its investment portfolio reflects a cross-section of promising German startups of various maturity stages (“Seed,” “Early” and “Growth Stage,” by German Startups Group’s own definition) and includes some of the most successful and best known German startups.
More information is available on our website at www.german-startups.com.
22.02.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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| Language: | English |
| Company: | German Startups Group GmbH & Co. KGaA |
| Platz der Luftbrücke 4-6 | |
| 12101 Berlin | |
| Germany | |
| Phone: | +49.30.6098890.80 |
| Fax: | +49.30.6098890.89 |
| E-mail: | [email protected] |
| Internet: | www.german-startups.com |
| ISIN: | DE000A1MMEV4 |
| WKN: | A1MMEV |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Tradegate Exchange |
| End of News | DGAP News Service |