# FairCap

FairCap is a Private Equity based in Munich, Germany.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Munich, Germany
- **Region:** Europe
- **Address:** Munich, Germany
- **Founded:** 2020
- **Assets under management:** Undisclosed
- **Website:** www.fair-cap.com
- **LinkedIn:** https://www.linkedin.com/company/faircap

## Regulatory record

- **Reports private funds:** No

## About

FairCap ist eine Beteiligungsgesellschaft, welche mittelständische Unternehmen in Sondersituationen (Transformation, Carve-Out, Nachfolge, Spin-Off, Turnaround) erwirbt und ganzheitlich unter dem Aspekt der Nachhaltigkeit weiterentwickelt.

## Sectors

- Industrial Tech
- Electronics
- Automotive
- Mobility & Transportation
- Robotics & Automation

## Offices

- Milan
- Paris

## Questions

### Who provides FairCap's capital, and how does that shape the firm's investment horizon?

FairCap is permanently capitalized by Discover Capital GmbH, a German family office that also advises the SQUAD funds with roughly EUR 2 billion in assets under advisory. Because the capital is single-anchor and evergreen, FairCap does not operate a traditional fund structure with a fixed life. That means it can hold portfolio companies indefinitely and avoid forced seller timelines, a core differentiator when acquiring complex carve-outs that need multi-year operational rebuilds.

### How does FairCap source its deals?

FairCap focuses almost entirely on corporate carve-outs — non-core subsidiaries that large industrial groups are divesting. Sellers have included Lesjöfors AB, Omron Corporation, Flex Ltd., Novomatic AG, and Emil Frey France. The firm presents itself as a reliable, professionally structured buyer for complex separation transactions where speed, confidentiality, and operational capability matter more than the highest price.

### Does FairCap commit to funds or only make direct acquisitions?

FairCap deploys exclusively through direct acquisitions of majority stakes in operating companies. It does not act as a fund-of-funds, does not take minority positions, and has publicly stated it will not invest in startups, banks, biotech, or pure liquidation cases.

### What is FairCap's entry and exit track record?

Since 2020, FairCap has completed more than 40 M&A transactions and has built a portfolio that currently includes S & P Federnwerk, Stumpp + Schüle, Obitec, and Flauraud. It has also executed exits, notably Electro System s.r.l (carved out in 2024, exited 2025) and AdriaTronics (carved out from Flex in Trieste, subsequently sold as a going concern).

### How does the firm operationalize its ESG mandate?

FairCap embeds an in-house operations team into each portfolio company to advance measurable improvements on three axes: employee welfare, environmental footprint, and financial performance. Publicly stated initiatives include CO₂ reduction across Scopes 1–3, waste reduction in production, implementation of the UN Global Compact principles, and deployment of a firm-wide Code of Conduct. The firm calls this a 'transformative sustainability approach' rather than a screening overlay.

### Which sectors and geographies does FairCap avoid?

FairCap publicly excludes pure liquidation cases, startups, banks, biotech, and minority investments. It also maintains negative screens for weapons, tobacco, and factory farming. Geographically, the firm concentrates on assets with a business focus in Europe, with acquisitions to date concentrated in Germany, Italy, France, and Poland.

## Related profiles

- [Fairbridge Park](https://altss.com/profile/fairbridge-park)
- [Fair Capital Partners](https://altss.com/profile/fair-capital-partners)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/faircap

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology