Fidelium Partners

Fidelium Partners

Fidelium Partners was founded in Munich by Dominik Beck and Rafal Grabarkiewicz as an operationally intensive investor for mid-market industrial companies facing ownership transitions. The firm targets businesses undergoing carve-outs from larger corporates, generational succession handovers, or restructuring situations where a healthy core business persists beneath balance-sheet or parent-company pressure. It is funded by a consortium of German family enterprises seeking long-term capital appreciation outside the constraints of traditional private-equity fund cycles. The firm acquires controlling stakes in manufacturing and industrial-services companies, then embeds its own operating partners and taskforce professionals to drive efficiency improvements. Its current portfolio spans at least eleven companies, including ALUNITED Denmark and ALUNITED France (aluminum automotive components), EITEK (automotive interior trim, Austria), Evamo Pump Technology Solutions, Mühlhoff Umformtechnik (metal forming, Germany), and Wolfensberger (precision casting, Switzerland). Entry triggers split between corporate carve-outs — OKS Otto Knauf, R.E.T., and SRL Materials — and succession-led acquisitions such as Mühlhoff and Wolfensberger. Geographically, the portfolio concentrates in Germany but reaches into Denmark, France, Austria, and Switzerland. The firm lists 21 professionals on its website, led by co-founders Beck and Grabarkiewicz. An internal operations team — titled the Taskforce — includes dedicated directors and senior managers, signaling a model where deal execution and post-acquisition transformation sit under the same roof rather than outsourced to consultants. Team bios show no marketing or investor-relations function, aligning with a structure that does not fundraise continuously. No public LinkedIn presence or disclosed AUM figure exists, consistent with the permanent-family-capital framing the firm describes. Fidelium's structural differentiator is its embedded operating taskforce rather than a fee-driven advisory layer. Most turnaround-oriented investors hire external restructuring consultants or interim managers; Fidelium employs a Chief Transformation Officer, multiple operating partners, and several taskforce directors on staff. This makes the firm resemble a hybrid of a family holding company and a directly operated industrial group — unusual for a German asset manager targeting carve-outs, where arms-length oversight is more typical.