Selected investments

Subsidiary of DVS and specialist for letter consolidation, franking and hybrid and digital mail processing.

Sector

Hybrid and digital postal services

Location

Germany

Investment

January 2021 (alongside PostCon National)

Largest alternative postal operator in North Rhine-Westphalia, processing approximately 500,000 items per day with around 1,050 employees. Following the acquisition from the Quantum group, the company was reorganised in 2021/22 through a swift in-house insolvency procedure.

Sector

Alternative postal services, North Rhine-Westphalia

Location

NRW, one sorting centre, more than 60 depots

Investment

Summer 2021 (add-on to PostCon National)

One of Germany's largest alternative postal operators, with more than 20 years of experience in business-to-business mail services.

Sector

Alternative B2B letter delivery

Location

Essen (sorting centre)

Exit

Exit · 17 November 2021

One of Germany's largest private postal operators, delivering more than 500 million letters a year. Customers include banks, insurers, energy providers, telecommunications companies and the public sector. Renamed from PostCon National to DVS – Deutscher Versand Service in June 2021. Since February 2026 in self-administration proceedings at Düsseldorf district court; operations continue without restriction, preliminary trustee Markus Kier (Piepenburg Rechtsanwälte).

Sector

Postal services / B2B letter delivery

Location

Ratingen (North Rhine-Westphalia)

Investment

Completion 23 December 2020 (formerly PostCon National GmbH)

Buy-and-build platform set up in 2017 together with Steffen Dauster to consolidate German radiology and radiotherapy practices through professional succession solutions. Initial sites included Augsburg; bolt-on Tuttlingen in January 2019. In February 2019 sold to the Smaller Mid-Cap Fund of Triton; under Triton it grew to 37 practices, was renamed Meine Radiologie Holding and in 2021 sold on to EQT Infrastructure (today part of the European Evidia group).

Sector

Healthcare, radiology and radiotherapy (buy-and-build)

Location

Frankfurt am Main (platform head office)

Exit

Platform founded 2017 · Exit 1 February 2019

One of the few genuinely German premium women's fashion brands. Acquired in 2015 by Tempus Capital from management-held entities (refinancing via a Commerzbank-led syndicate, working capital from Alteri Investors). In 2017, restructuring proceedings were opened under self-administration at AG Aschaffenburg; the brand rights were transferred to Tristyle Mode GmbH (Peter Hahn, Madeleine, Long Tall Sally).

Sector

Premium women's fashion

Location

Goldbach (Bavaria), more than 160 monobrand stores worldwide

Investment

Acquired June 2015 · Insolvency 2017 · Brand sale 23 October 2017