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DEUTSCHE BETEILIGUNGS AG
Deutsche Beteiligungs AG (DBAG) is a Frankfurt-listed private equity firm managing €2.6B, investing in German-speaking mid-market companies.
DEUTSCHE BETEILIGUNGS AG
DBAG is a Frankfurt-based investment adviser registered with the SEC since 2026. It advises on investment matters. DBAG is registered in Frankfurt AM MAIN.
General information
Firm type
Asset Manager
Year founded
1965
AUM
€2.6B (per public record, 2025)
Location
Region
Europe
Country
Germany
City
Frankfurt
Corporate office
Frankfurt, Germany
Additional offices
Berlin · Düsseldorf · Munich
Principals
Jochen Reiss
CEO
Susanne Zelazny
CFO
Sector focus
Frequently asked questions
Who runs investment decisions at Deutsche Beteiligungs AG?
Jochen Reiss serves as CEO and leads the investment committee. The firm's investment process involves sector-focused managing directors across industrial technology, healthcare services, enterprise software, and business services.
Is Deutsche Beteiligungs AG a family office or a private equity firm?
DBAG is a publicly listed private equity firm, not a family office. It is traded on the Frankfurt Stock Exchange and manages institutional capital through closed-end funds and co-investments.
How does Deutsche Beteiligungs AG source proprietary deal flow?
DBAG has a network in the German-speaking mid-market built over six decades. The team sources deals through industry associations, advisory relationships, and direct outreach to owner-managed businesses.
What investment stages does Deutsche Beteiligungs AG typically target?
DBAG focuses on mid-market buyouts and growth equity, targeting enterprise values between €50M and €500M. The firm does not engage in venture capital or seed-stage investing.
Does Deutsche Beteiligungs AG participate in fund commitments from external family offices?
DBAG raises capital from institutional investors including pension funds, insurance companies, and family offices for its closed-end funds. Co-investment opportunities are available alongside DBAG's fund investments.
Which sectors does Deutsche Beteiligungs AG explicitly avoid?
DBAG does not invest in financial services, real estate, or startups. The firm targets industrial technology, healthcare services, enterprise software, and business services.
How is Deutsche Beteiligungs AG structured relative to other listed private equity firms?
As a listed entity, DBAG reports quarterly earnings and is subject to regulatory disclosure. It uses a combination of balance sheet capital and fund vehicles to execute investments.
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