EMERAM Navigates Challenging Markets with Major Investments and Exit
Deal News | Apr 15, 2025 | Emeram Capital Partners GmbH
EMERAM Capital Partners, a prominent Growth Buy-Out investor in the DACH region, achieved significant milestones in 2024 despite a challenging market. The firm made four strategic investments: Provital GmbH, Garderos GmbH, CoCoNet AG, and the ace Group. These acquisitions highlight EMERAM's focus on thriving sectors like pet products, secure communications, digital banking, and clean energy. Moreover, EMERAM successfully exited its investment in diva-e, selling it to Conclusion Group, resulting in substantial growth for diva-e under EMERAM's guidance. Alongside these successes, EMERAM completed fundraising for Fund II, demonstrating strong performance metrics, including a TVPI of 1.5x. EMERAM anticipates continued growth into 2025, driven by key investment themes like Digital Transformation, Health & Wellbeing, and Energy Transition, and has positioned itself as an essential partner in transformational growth across the DACH region.
Sectors
- Private Equity
- Pet Products
- Telecommunications
- Digital Banking
- Clean Energy
Geography
- DACH Region – The firm is based and focuses on the DACH region, which includes Germany, Austria, and Switzerland.
- Germany – Many of the investments and operations mentioned are based in Germany.
Industry
- Private Equity – The article primarily discusses activities related to a private equity firm, including investments and divestitures.
- Pet Products – Provital GmbH, involved in the distribution of pet food, indicates the relevance of the pet products industry.
- Telecommunications – Garderos GmbH is a provider of router solutions, linking the article to the telecommunications industry.
- Digital Banking – The acquisition of CoCoNet AG, a software provider for digital corporate banking, connects the article to digital banking.
- Clean Energy – The ace Group operates in renewable energy, making the clean energy sector a relevant industry.
Financials
- 100 million euros – Sales generated by diva-e in the 2023 financial year.
- 400 million euros – Volume of the EMERAM Private Equity Fund I.
- 3.5x TVPI – Total Value to Paid-In for the Growth Buy-Out sector of EMERAM's Fund I.
- 2.9x DPI – Distributed to Paid-In for the Growth Buy-Out strategy of EMERAM's Fund I.
- 1.5x TVPI – Total Value to Paid-In for EMERAM Private Equity Fund II.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| EMERAM Capital Partners GmbH | Investor | Company | A leading independent Growth Buy-Out investor for medium-sized companies in the DACH region. |
| Provital GmbH | Investment | Company | A German company specializing in species-appropriate premium dog and cat food. |
| Garderos GmbH | Investment | Company | Provider of ruggedized router solutions for secure data communication. |
| CoCoNet AG | Investment | Company | Provider of software for digital corporate banking. |
| The ace Group | Investment | Company | Operates as an EPC provider in the clean energy sector. |
| diva-e | Divested | Company | A provider of end-to-end digital experience solutions in the DACH market. |
| Conclusion Group | Acquirer | Company | Dutch company that acquired diva-e. |
| ]init[ AG | Acquirer | Company | A joint portfolio company of EMERAM Capital Partners and Rivean Capital involved in digital transformation. |
| HBSN Group | Target | Company | Specialist in digital transformation for the healthcare sector. |