# S-Beteiligungen

S-Beteiligungen is a Private Equity based in Leipzig, Germany.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Leipzig, Germany
- **Region:** Europe
- **Address:** Schuhmachergäßchen 1-3, 04109 Leipzig, Germany
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** www.s-beteiligungen.de
- **LinkedIn:** linkedin.com/company/s-beteiligungen

## Regulatory record

- **Reports private funds:** No

## About

S-Beteiligungen investiert mit Kapital, Know-how und persönlichem Engagement und ist ein kritisch-konstruktiver Partner für Unternehmer, ohne deren Handlungs- und Entscheidungsfreiheiten einzuschränken. Das Unternehmen bietet Gründungsfinanzierung bzw. Venture Capital für Start-ups sowie Wachstumsfinanzierung für den Mittelstand und übernimmt finanzstrategische Mitverantwortung, mischt sich aber nicht ins operative Geschäft ein. Es verfügt über mehr als 20 Jahre Erfahrung und über 300 Investitionen.

## Sectors

- Enterprise Software

## People

- Stefan Leermann — Geschäftsführer
- Paul Michalke — Senior Investment Manager
- Christian Lenk — Senior Investment Manager
- Christian John — Investment Manager
- Katja Schimmelpfennig — Investment Managerin
- Manja Obigt — Teamassistentin
- Michael Schmidt — Werkstudent / Senior Analyst

## Questions

### Who runs investment decisions at S-Beteiligungen?

Managing director Stefan Leermann leads the investment team. The firm lists two senior investment managers, Paul Michalke and Christian Lenk, plus an additional investment manager, Christian John. Investment decisions appear centralised within this small Leipzig-based group.

### How does S-Beteiligungen source its deal flow?

The firm relies on deep regional integration. Stefan Leermann's candidacy for the IHK-Vollversammlung 2026 illustrates the firm's active participation in Leipzig-area economic-policy circles. Its biannual CEO-Day at the Moritzbastei functions as a proprietary networking forum that brings portfolio companies and regional partners together.

### What investment stages does S-Beteiligungen typically target?

The firm runs two distinct tracks. The start-up fund provides founding and seed-stage venture capital to help young companies achieve market entry. The Mittelstand fund writes growth-equity cheques structured around a company's business plan, serving established small and mid-sized enterprises.

### How is S-Beteiligungen related to LucaNet?

LucaNet is a portfolio company. The Berlin-based corporate-performance-management software provider counts S-Beteiligungen among its earlier-stage backers, representing the firm's enterprise-software exposure. LucaNet serves more than 5,000 companies globally with financial consolidation and planning tools.

### What is S-Beteiligungen's known stance on co-investing alongside external general partners?

The firm has not publicly outlined a co-investment policy. Its website describes a direct-investment model where S-Beteiligungen acts as the sole or lead equity provider, offering capital, know-how and personal commitment without syndicate partners being mentioned.

## Related profiles

- [Sberinvest Asset Management](https://altss.com/profile/sberinvest-asset-management)
- [SBG Wealth Management](https://altss.com/profile/sbg-wealth-management)

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Last updated: 2026-08-11T15:07:57.118Z

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