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EQUITY GUIDE 2021(Pdf-Datei) 2021 EQUITY GUIDE Der Beteiligungsmarkt im deutschsprachigen Raum . Private Equity . Mergers & Acquisitions . Venture Capital Sponsoring-Partner 2 Impressum Equity Guide 2021 9. Ausgabe / Erscheinungstermin Januar 2021 Herausgeber: MAJUNKE Consulting Dipl. Wirt.-Ing. Sven Majunke Lilienstrasse 21a D - 76571 Gaggenau Tel.: 07225-987129 Internet: http://www.deal-advisors.com E-Mail: [email protected] Haftung und Hinweise: Den Kommentaren, Grafiken und Tabellen liegen Quellen zugrunde, welche die Redaktion für verlässlich hält. Eine Garantie für die Richtigkeit der Angaben kann allerdings nicht übernommen werden. Die in diesem Jahrbuch enthaltenen Angaben dienen ausschliesslich Informationszwecken. Sie sind nicht als Angebote oder Empfehlungen bestimmter Anlageprodukte zu verstehen. Dies gilt auch dann, wenn einzelne Emittenten oder Wertpapiere genannt werden. Nachdruck: © MAJUNKE Consulting, Gaggenau. Alle Rechte, insbesondere das der Übersetzung in fremde Sprachen, vorbehalten. Ohne schriftliche Genehmigung von MAJUNKE Consulting ist es nicht gestattet, diese Studie oder Teile daraus auf photomechanischem Wege (Photokopie, Mikrokopie) zu vervielfältigen. Unter dieses Verbot fallen auch die Aufnahme in elektronische Datenbanken, Internet und die Vervielfältigung auf CD-ROM. Der Herausgeber macht darauf aufmerksam, dass die im vorliegenden Buch genannten Namen, Marken und Produktbezeichnungen in der Regel namens- und markenrechtlichem Schutz unterliegen. Trotz größter Sorgfalt bei der Veröffentlichung können Fehler im Text nicht ausgeschlossen werden. Der Herausgeber übernimmt deshalb für fehlerhafte Angaben und deren Folge keine Haftung. Wir bitten Unternehmen und Personen, die sich als zu Unrecht berücksicht sehen oder deren Profildarstellung Unstimmigkeiten aufweist, den Verlag entsprechend zu benachrichtigen. 3 Inhaltsverzeichnis Inhaltsverzeichnis Einleitung ................................................................................................... 10 Kapitel 1: Studien, Fachbeiträge .................................................................. 11 Corporate Finance in Zeiten von Corona ........................................................................................... 12 Finanzierung über stille Beteiligungen / Mezzaninekapital ............................................................... 18 Tech-M&A in 2020 zeigte ein durchmischtes Bild: Covid-19 bewirkte Höhenflüge und Einbrüche ..... 21 Meldepflicht für Managementbeteiligungen? .................................................................................. 24 Preisklauseln in Unternehmenskaufverträgen – Auswirkungen auf Erlöse ........................................ 27 Value Creation durch Private Equity mittels Pricing .......................................................................... 30 New Normal: Due Diligence und W&I-Versicherung im Zeichen von Covid-19 .................................. 32 Das White Paper der Europäischen Kommission zur Angleichung der Wettbewerbsbedingungen in Bezug auf ausländische Subventionen .............................................................................................. 35 Kapitel 2: Marktteilnehmer ......................................................................... 40 Innovative Mittelstandsfinanzierer ............................................................. 41 BRIGHT CAPITAL Investment Management GmbH ............................................................................ 42 Nord Leasing GmbH ......................................................................................................................... 43 Verwahrstelle für Private Equity & Venture Capital Fonds ........................... 44 BNP Paribas Securities Services S.C.A. .............................................................................................. 45 Deal Sourcing für Private Equity Investoren ................................................. 46 WINTERBERG PARTNERS AG ............................................................................................................ 47 Unternehmensbörsen ................................................................................. 48 Change 2 Future GmbH .................................................................................................................... 49 4 Inhaltsverzeichnis Investoren .................................................................................................. 50 Aheim Capital GmbH ........................................................................................................................ 51 ALLISTRO GmbH ............................................................................................................................... 52 Alvia Capital GmbH .......................................................................................................................... 53 Arcaris Management GmbH ............................................................................................................. 54 ARCUS Capital AG ............................................................................................................................ 55 AURELIUS Gruppe – Büro München .................................................................................................. 56 Avedon Capital Partners ................................................................................................................... 57 AXXERON Technologies GmbH ......................................................................................................... 58 Beyond Capital Partners GmbH ........................................................................................................ 59 BID Equity GmbH ............................................................................................................................. 60 Borromin Capital Management GmbH ............................................................................................. 61 Brandenburg Kapital GmbH.............................................................................................................. 62 Bregal Unternehmerkapital GmbH ................................................................................................... 63 Bridgepoint GmbH ........................................................................................................................... 64 BWK GmbH Unternehmensbeteiligungsgesellschaft ......................................................................... 65 DPE Deutsche Private Equity ............................................................................................................ 66 DRS Investment GmbH ..................................................................................................................... 67 eCAPITAL ENTREPRENEURIAL PARTNERS AG .................................................................................... 68 EMERAM Capital Partners GmbH ..................................................................................................... 69 Equistone Partners GmbH ................................................................................................................ 70 Evoco AG .......................................................................................................................................... 71 EX.TRA Management GmbH ............................................................................................................. 72 Family Trust Investor FTI GmbH ....................................................................................................... 73 Fraunhofer Venture ......................................................................................................................... 74 Gimv ................................................................................................................................................ 75 Halder Beteiligungsberatung GmbH ................................................................................................. 76 HeidelbergCapital Asset Management GmbH ................................................................................... 77 High-Tech Gründerfonds Management GmbH .................................................................................. 78 INDUC GmbH ................................................................................................................................... 79 Liberta Partners Opportunities GmbH .............................................................................................. 80 NORD Holding .................................................................................................................................. 81 Nordwind Capital GmbH .................................................................................................................. 82 Novum Capital Management GmbH & Co. KG .................................................................................. 83 5 Inhaltsverzeichnis NRW.BANK – Bereich Eigenkapitalfinanzierungen ............................................................................ 84 Odewald KMU II Gesellschaft für Beteiligungen mbH ....................................................................... 85 Orlando Management AG ................................................................................................................ 86 Paragon Partners GmbH ................................................................................................................... 87 PINOVA Capital GmbH
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