Our Investments

COOPERATION ON EQUAL FOOTING

At ADCURAM, we rely on fully unconditional cooperation on equal footing. Every investment becomes 100 percent part of our core business. If you want to reach new heights, you have to function as a team, which is why we bring employees, the management team and other stakeholders on board for all important issues. With entrepreneurial expertise and a hands-on mentality, we address your goals together – and stick together, even when the road is rocky: Because it’s about more than just economic success. Here you can find an overview of our current investments.

THE ADCURAM SEARCH PROFILE FOR NEW INVESTMENTS

Situation

Profitable with earnings potential
Transactions with complex interest structures, stock exchange listing
Restructuring cases: Negative earnings situation, balance sheet restructuring etc.

COMPANY

Sales between EUR 30 million and EUR 500 million, add-on acquisitions also attractive with sales of EUR 5 million or more
Diversified investments, no sector restriction
Focus on the German-speaking DACH region

SELLER

Corporate and industrial groups: Carve-outs, spin-offs
Mid-sized companies: Successions
Financial investors and family offices
Trustees and banks

TRANSACTION

Up to EUR 150 million in enterprise value per case
Larger transactions with co-investors also possible at short notice
Controlling majority

OUR CURRENT INVESTMENTS

SUCCESS STORIES

We do not just talk about consulting and success, but speak from our entrepreneurial experience. ADCURAM has worked with well-known medium-sized companies in many industrial sectors: Together with the management teams, we have been able to leverage the long-term growth potential of our investments and patiently created optimal corporate strategies for each case. Our shareholder structure and financial capabilities give ADCURAM the freedom to accompany our portfolio companies independently, sustainably and with a clear focus. This creates added value in the long term, from which our business partners and their employees benefit beyond our holding period to this day.

Case Study: DURAN GROUP

We have acquired DURAN GROUP from Schott AG, where it was a part of the company without a long-term perspective, integrated management or independent financing. With ADCURAM, DURAN GROUP, a developer of special laboratory glassware with four locations, has developed into a very profitable medium-sized business and global market leader in its segment.

Case Study: Hennecke

Originally only a peripheral activity of BAYER AG with operational losses in individual product areas and a need for restructuring of its US activities, the specialty machinery manufacturer Hennecke has – with the support of ADCURAM and a series of bespoke operational, structural and strategic measures – developed into a clear market leader in polyurethane machinery for the high-end market segment. Today, Hennecke has a significantly broader product range and is excellently positioned at an international level.

Case Study: IMA

IMA Leading Technologies, a medium-sized specialist in the woodworking machinery sector, was at the end 2005 confronted with an outdated machine pool, investment backlog and the urgent need for a thorough renewal of its product range for the entry-level market segment. With the support of ADCURAM, substantial investments were made into manufacturing and R&D. Operationally and strategically, the company was also further developed and increasingly oriented towards an international market. Today, IMA is a global technology leader for high-performance systems in its field.

FORMER INVESTMENTS

Due to our entrepreneurial drive, passion as well as our technical and operational expertise, ADCURAM has created more than just one technology or market leader. With our support, established companies have been able to successfully master a difficult balancing act step by step: Removing outdated structures, identifying and leveraging new growth potential and – as a result of the partnership – setting the course for long-term success. Here is a selection of companies that have made it to the top together with us over the past two decades.

Bien Zenker

Duran

Hanse Haus

Hennecke

IMA

Kautex

Nuvisan

OUR TRANSACTION PARTNERS

You are an entrepreneur. So are we. That is why we understand and respect the complex interests of all parties involved in a transaction and develop solutions that are precisely tailored to your shareholder structure. With us, you invest in sustainable competitiveness for your company, thanks to the flexible structuring models (for example, location guarantees or purchase agreements), bespoke and secure transactions as well as swift and smooth transition that our ADCURAM team of experts provide. Thus, ADCURAM combines for your company the stability of a German industrial holding with excellent references from international corporate groups and financing partners. This is why renowned family entrepreneurs and corporations have chosen to sell to ADCURAM.

Our Investments

COOPERATION ON EQUAL FOOTING