Deutsche Beteiligungs AG (DBAG) is a listed German investment company headquartered in Frankfurt am Main.
It originates closed-end private equity funds and invests in well-positioned mid-market companies with potential.
DBAG was founded in 1965 and has over 80 years of experience in private equity financing.
The company has financed over 250 companies in Germany and Europe, including some of the most well-known German Mittelstand companies.

DBAG’s investment strategy is focused on companies with strong market positions, experienced management teams, and significant growth potential. The company invests in a variety of industries, including:
- Industrials
- Technology
- Healthcare
- Services
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DBAG is known for its long-term investment horizon and its hands-on approach to working with its portfolio companies.
The company provides its portfolio companies with access to capital, expertise, and resources to help them achieve their full potential.
Some of DBAG’s most notable investments include:
- BLG Logistics Group (logistics)
- Hella (lighting and electronics)
- Hübner Group (electronics)
- KAEFER (industrial insulation)
- KÖTTER Group (security services)
- REMONDIS (waste management)
- REWE Group (retail)
- SPIE Deutschland & Zentraleuropa (electrical and mechanical engineering)
DBAG is an important investor in the German economy and plays a key role in the development and promotion of mid-market companies. The company is committed to supporting innovative and high-growth-oriented companies and helping them achieve their full potential.
Benefits of working with DBAG
- Access to capital: DBAG has a large pool of capital that can be invested in mid-market companies. The company offers a variety of financing solutions, including equity, mezzanine capital, and debt.
- Expertise and resources: DBAG has a team of experienced investment professionals with a deep understanding of the German economy and a variety of industries. The company can offer its portfolio companies a wide range of support services, including strategic advice, operational expertise, and access to a network of contacts.
- Track record: DBAG has a solid track record of generating strong returns for its investors and supporting its portfolio companies in growth and success.