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Alvia Capital
Alvia Capital was founded in 2018 by Max Techand and Hans-Cornelius Kölln. The firm channels wealth from German entrepreneurial families into long-term...
Alvia Capital
Alvia Capital was founded in 2018 by Max Techand and Hans-Cornelius Kölln. The firm channels wealth from German entrepreneurial families into long-term ownership of Mittelstand companies. Alvia acquires at least 75 percent of target businesses in healthcare, social services, and education. It deploys direct equity through SPVs and holds positions in Germany. Confirmed holdings include Hamburg Care, acquired in 2019, PflegeKoala, acquired in 2022, and DAHEIM Gruppe, acquired in 2025. The firm also evaluates opportunities in Europe and Oceania. Investments focus on buyouts and growth equity in profitable, non-cyclical service companies. The firm operates from a single office in Hamburg with no disclosed headcount or additional locations. Portfolio companies retain independent branding, teams, and decision-making. A recent operational event occurred in 2025 when Alvia completed the acquisition of DAHEIM Gruppe in Lübeck. Alvia maintains a permanent ownership structure that separates it from typical private equity funds. Each acquisition preserves local management autonomy while providing central support for digitalization and network expansion.
General information
Firm type
Multi Family Office
Year founded
2018
Location
Region
Europe
Country
Germany
City
Hamburg
Corporate office
Neumühlen 40, 22763 Hamburg, Germany
Principals
Max Techand
Managing Partner
Hans-Cornelius Kölln
Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Alvia Capital?
Max Techand and Hans-Cornelius Kölln serve as managing partners and make investment decisions. Both are listed as founders on the firm website.
Does Alvia Capital participate in fund commitments or only direct deals?
Alvia Capital executes direct majority investments through SPVs. It does not commit to external funds.
What investment stages does Alvia Capital typically target?
The firm targets buyouts and growth equity in established companies. It excludes startups, restructurings, and pure growth financings.
Where does the underlying wealth come from?
Wealth originates from German entrepreneurial families. No specific family names are publicly disclosed.
How does Alvia Capital source proprietary deal flow?
The firm sources deals through direct outreach to owners facing succession. It emphasizes structured, transparent processes for these transactions.
Is Alvia Capital structured as a single family office or does it operate more like a venture firm?
Alvia Capital operates as a multi-family office. It makes control investments in operating companies rather than venture-style minority positions.
What is Alvia Capital's known posture on co-investments alongside external GPs?
Alvia Capital does not co-invest with external GPs. It acquires controlling stakes independently.
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