- ELF Capital offers flexible financing for medium-sized enterprises with a geographical focus on the DACH region
- ELF Capital’s loan facilities typically range between €10 and €50 million
- DBAG is based in Frankfurt
Deutsche Beteiligungs AG (DBAG) has entered into a partnership with ELF Capital Group, to acquire a majority stake in ELF Capital, which includes ELF Capital Advisory based in Frankfurt.
DBAG intends to invest €100 million in ELF Capital funds as a limited partner, similar to DBAG’s established practice of co-investing alongside DBAG funds, according to a statement.
ELF Capital offers flexible financing for established medium-sized enterprises with a geographical focus on the DACH region. Loan facilities typically range between €10 and €50 million.
“This strategic partnership will significantly broaden our range of financing solutions for SMEs,” said said Tom Alzin, spokesman of the board of management of Deutsche Beteiligungs AG. “The partnership with ELF Capital underscores our focus on growth by scaling our platform, and will further boost value creation for our shareholders.”
Frankfurt-headquartered DBAG Group’s assets under management or advisory amounted to approximately €2.5 billion euros prior to the transaction.