Report

German Startups Group - Proposed merger with SGT Capital

German Startups Group (GSG) announced last Wednesday its intention to merge with SGT Capital, a global alternative investment and private equity asset manager headquartered in Singapore. The transaction is subject to GSG’s AGM approval on 7 August and on completion will create a Germany-based listed private equity asset manager (a backdoor listing for SGT Capital). SGT Capital is currently fund-raising for its new private equity fund, which will invest in 8–12 mid-market deals, primarily in Europe and North America. It targets a volume of US$1.0–3.5bn, with US$411m of commitments already secured.
Underlying
German Startups Group Berlin GmbH & Co KGaA

German Startups Group GmbH & Co KgaA. German Startups Group GmbH & Co KgaA is a Germany-based venture capital company. The Company invests in startup companies in the seed, early, mid and growth stages. In addition, the Company acquires secondary shares of startups from founders, business angels and early stage investors. Its portfolio includes Ayondo, Customer Alliance, Cybits, DaliaResearch, Delivery Hero, eWings.com, ePetWorld GmbH, Fanmiles, Fanmiles, Itembase, Juniqe, Lingoda, Medlanes, meinKauf, Mister Spex, Returbo, Shutzklick, Soundcloud, and Wummel Kiste, among others. In addition, the Company operates a majority stake in Exozet Berlin GmbH, through which, it offers its portfolio companies access to a range of services: realization of Web and applications, development of online marketing campaigns, consulting of brand development, modifying business models and selecting technology.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Pedro Fonseca

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