Value investing in German companies

Approach

Steady on the ground,
Ready for take off

Business Model
VALUE INVESTING

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BUSINESS MODEL
VALUE INVESTING

We find, acquire and develop long-term equity investments for an exclusive network of investors. Investing our own capital in every transaction is our privilege

Value Investing

Responsibility As owners we take responsibility for people, for the employees of our portfolio companies. We believe that team spirit as well as a dynamic working atmosphere based on mutual trust and integrity is the foundation for any successful, entrepreneurial undertaking.

Investors We represent investors with a long-term, entrepreneurial investment approach. Many of our investors and network partners are founders or owners of family businesses and therefore have a deep understanding of the specific challenges and potentials of small and medium-sized businesses. Our investors invest directly into the acquisition vehicles as opposed to via a fund structure.

Small-Cap
REGIONAL FOCUS

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Small-Cap
REGIONAL FOCUS

There are over 3 million companies in Germany with revenues up to 50 million Euros. Our expertise is to find and develop the “hidden champions”

Focus GERMANY

Value Creation Successful companies are eager to continuously improve. Our portfolio companies are market leaders but still show significant development potential at the same time. Especially in smaller companies fast decision processes and pragmatic people allow a timely implementation of operational initiatives with an almost instant positive impact.

Network The INVICTO network composed of well-known investors and managers is often the first contact for companies and owners considering succession issues. We therefore regularly develop individual succession solutions in bilateral meetings with the founders.

Investment Criteria
CAREFUL SELECTION

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Investment Criteria
CAREFUL SELECTION

A careful and systematic selection of investments is a key ingredient for success. We are specialized in majority holdings in market leaders with significant potential for development

Consistent Selection

Established We invest in established, profitable companies with outstanding people and products that have secured a leading position in their market niche. On average, our investments have been in the market for over 40 years and generate EBIT margins above 10%.

Small-Cap We focus exclusively on companies with revenues ranging from EUR 10 to 50 million and EBITs from EUR 1 to 3 million. The average sales volume of our portfolio companies amounts to EUR 15 million.

DEVELOPMENT
OPERATIONAL IMPACT

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DEVELOPMENT
OPERATIONAL IMPACT

We want to take an active ownership role. The continuous operational support of our portfolio companies is a prerequisite for our long-term investment strategy

Operational Impact

Hands-On Our business model is based on the conviction that taking an active ownership role is essential for the long-term success of our investments. As active owners we roll-up our sleeves and strive to support the management teams in a pragmatic, hands-on and operational manner. Without a deep understanding of the markets and the people of our portfolio companies we will not be able to have a positive impact.

Expertise As the new partner on board we can support the management teams in the areas of strategy, sales and marketing, production, accounting and finance and human resource issues. We are experienced sparring partners to consider and execute geographical and/or product expansion plans as well as add-on acquisitions.

Investments

Vision for growth, passion for detail

Current investments

NT HOLDING GMBH
DIGITAL TECHNOLOGY
FOR DENTAL IMPLANTS

Acquisition April 2016

Pioneer in the application of digital technology in the field of dental implants (CAD/CAM)

CCP Holding GmbH
Industrial
services specialist

Acquisition February 2016

Industrial services with focus on fluid management (optimization of coolants and lubricants) for manufacturing industries, machine maintenance and industrial cleaning

TRAGFREUND GmbH
Suspension systems
for medical applications

Acquisition June 2015

First add-on acquisition to W. Krömker GmbH; innovative and fast growing company with focus on suspension systems for medical applications

W. KRÖMKER GMBH
Passionate about
medical solutions

Acquisition November 2012

Developer and manufacturer of medical technology equipment in the areas of articulated arm systems, trolleys and ultrasonic nebulisers

Past investments

GAB Consulting GmbH
Registration services
for life science products

Exit October 2016

Leading consulting company offering comprehensive registration services for the chemical and plant protection industry in Europe and overseas

GEBO Armaturen GmbH
Specialist for pipe
repair products

Exit December 2014

The GEBO Group is a leading, pan-European specialist for repairs in any area of pipes and pipe connectors made out of steel, stainless steel, brass, and plastic

TEAM

Easy to excite, hard to convince, determined to succeed

Julia Kreimendahl
EXECUTIVE ASSISTANT

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Julia Kreimendahl
EXECUTIVE ASSISTANT

Previously, the CEO’s right hand for an executive search firm and a strategy consultancy with focus on medium-sized businesses. Fell in love with the Rhineland and everything the city life has to offer.

Jana Stanger
EXECUTIVE ASSISTANT

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Jana Stanger
EXECUTIVE ASSISTANT

Executive Assistant at INVICTO. Previously secret weapon of a Private Equity company in the US. Excited about fine foods, exotic traveling and contemporary art.

Dr. Christoph Hamann
Founding Partner

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DR. CHRISTOPH HAMANN
FOUNDING PARTNER

Entrepreneur and Co-founder of INVICTO. Previously with McKinsey. Travel enthusiast who lived in the United States, South Africa and Argentina. In love with all kinds of sports, Italian food, his American wife and their children.

ELLEN JOHANSEN
Investment
Assistant

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Ellen Johansen
Investment Assistant

Executive Assistant at INVICTO. Swiss and Norwegian national, raised in Singapore, educated in Switzerland and the USA. Previously in Mergers & Acquisitions Advisory in Zurich. Enthusiastic Yogini who loves discovering Dusseldorf as well as North Rhine-Westphalia’s heritage.

Ferdinand von Hammerstein
FOUNDING PARTNER

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FERDINAND VON HAMMERSTEIN
FOUNDING PARTNER

Entrepreneurial heart, financial mind. Co-founder of INVICTO. Previously in Private Equity and with KPMG. Born in Luxembourg, raised in Hannover and Berlin, educated in London. Give him a sports racket or four wheels and he is a happy man.

Our employees

We are an expanding and dynamic team with a strong emphasis on an entrepreneurial mindset and passion for our day-to-day work. We offer an environment in which commitment, extraordinary performance and enthusiasm for our companies are encouraged. This is how we try to outperform the expectations of our companies, investors and our team everyday anew.

Career

Heading in the same direction.
But with your own mind.

Operation Executive
Developing BusinessEs

Pragmatic, hands-on, result-driven: Your passion is the operational corporate development of our portfolio companies

Investment Professional
Closing transactions

Analytical, structured, deal-driven: You enjoy finding, structuring, negotiating and closing acquisitions of top-tier companies

Buy-In Manager
Becoming shareholder

Authentic, inspiring, successful: You want to continue to lead as CEO and additionally acquire shares in your company

Applications
Taking initiative

Smart, dedicated, nice: Get in touch with us to discuss your opportunities at INVICTO