EOS Capital Partners

What EOS Capital Partners does

EOS Capital Partners (legal entity: EOS Partners GmbH) is a Munich-based, owner-managed private equity firm founded in 2015 that executes transformatory buyouts of small and medium-sized enterprises across the DACH region, Benelux, and the Nordics. The firm targets companies with €0-15m EBITDA at entry and €15-50m at exit, deploying equity tickets of up to €62m per investment, and applies selective buy-and-build strategies for market consolidation or adjacent-market entry. EOS concentrates on three verticals — software/tech-enabled services, healthcare, and industrial technology — defined as the intersection of technological advancement and sectoral trends, and applies a value-creation toolbox of principled governance, targeted growth initiatives, operational excellence, and strategic repositioning.

The firm operates three fund vehicles (EOS I, EOS II, and the Greek-focused EHRF II) with aggregate equity under management exceeding €500m and holds 13 active portfolio companies plus three completed exits. Active holdings span Drooms (AI-enabled transaction due diligence platform), Plauti (data quality management for Salesforce and Microsoft Dynamics), Flexicode (IFS consulting), Poolar (construction collaboration SaaS), Faradea (electrical systems), GSA (hazardous material remediation), medermis clinics (dermatology chain), accompio (IT managed services), EPnP Medical (MedTech CDMO), CSP (quality management SaaS), Megas Yeeros (Greek döner producer), and Variotech (industrial automation). EOS monetizes via standard private equity economics: recurring management fees on committed or invested capital, transaction and advisory fees from deal activity, and performance-based carried interest above the preferred-return hurdle, with deal sourcing conducted through a direct network outreach model rather than intermediated channels.

Name

EOS Capital Partners

Legal name

EOS Partners GmbH

Website

https://www.eoscp.com/

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

EOS Capital Partners is a Munich-based private equity firm executing transformatory buyouts of SMEs with €0-15m EBITDA in DACH, Benelux, and the Nordics, focusing on software, healthcare, and industrial technology. It manages over €500m across three funds and holds 13 active portfolio companies.

Ownership category

akta.pro rank

Product category

Private Equity

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Endowment / OCIO-Style Multi-Manager Platforms (FSANAGAG)

Keywords

• Private equity investments
• Buyout investing
• Growth capital
• SME buyouts
• Buy-and-build strategies

Headquarters

HQ city

Munich

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Management Fees: Standard private equity management fees charged on committed or invested capital to cover fund operations and ongoing deal sourcing, monitoring, and portfolio management activities.
2. Carried Interest: Performance-based carried interest from successful exits above the preferred return hurdle rate, aligning fund manager and investor interests.
3. Transaction/Advisory Fees: Fees generated from deal origination, execution, and advisory services related to acquisitions and divestitures of portfolio companies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

EOS Capital Partners is an owner-managed private equity firm that executes transformatory buyouts of small and medium-sized enterprises in DACH, Benelux, and the Nordics. It invests through its funds (EOS I, EOS II, EHRF II) with equity tickets of up to €62 million per transaction, targeting companies with €0-15m EBITDA at entry and €15-50m at exit across software/tech-enabled services, healthcare, and industrial technology verticals.

Product overview

EOS Capital Partners is a Munich-based private equity firm that does not offer a unified software product or SaaS platform. Instead, the company's investment offering consists of three named funds (EOS I, EOS II, and EHRF II) that target transformatory buyouts of SMEs in DACH, Benelux, and the Nordics, focusing on software/tech-enabled services, healthcare, and industrial technology verticals. The product portfolio is entirely represented by portfolio companies, which include Drooms (transaction/due diligence platform with AI), Plauti (CRM-native data quality management for Salesforce and Microsoft Dynamics 365), Flexicode (IFS Platinum consulting partner), Poolar (construction collaboration software), Faradea (electrical systems platform), GSA (hazardous material remediation), medermis clinics (dermatology chain), accompio (IT services with AI capabilities), EPnP Medical (MedTech CDMO), CSP (quality management SaaS), SEG (technical building services), MST Group (managed training services), and Variotech (automation technology). These portfolio companies represent distinct product/service offerings across various verticals, unified under the EOS funds' investment strategy.

Differentiator

Problem solved

Functional benefit

Brands

• EOS I (EOS Beteiligungs GmbH & Co. KG): First investment fund considering environmental and social characteristics
• EOS II (EOS Beteiligungs II GmbH & Co. KG)
• EHRF II

Products and services

• EOS I (EOS Beteiligungs GmbH & Co. KG) Transformatory buyout fund targeting small and medium-sized enterprises in DACH, Benelux, and the Nordics with equity tickets of up to €62m, focusing on businesses with inherent growth genes and predictable revenue streams in software/tech-enabled services, healthcare, and industrial technology.
• EOS II (EOS Beteiligungs II GmbH & Co. KG) Second transformatory buyout fund following the same investment strategy as EOS I, focusing on software/tech-enabled services, healthcare, and industrial technology verticals with equity tickets of up to €62m per investment.
• EHRF II Investment fund through which EOS Capital Partners acquires equity stakes in growth companies, including the 2025 acquisition of a minority stake in Megas Yeeros, a Greek pre-cooked döner (gyros) producer with operations in Greece and the US.

Quantifiable outcome

• Successfully transformed mst from a niche managed training services provider into a scalable Managed Service Provider with full exit to NIIT
• +1 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• DeloittecoreImplementation/ SI/ Consulting PartnerDeloitte advised EOS Partners on acquiring Schmitz RZ Consult GmbH, a company specializing in backup monitoring and reporting software known as BACKUP EAGLE. The multidisciplinary Deloitte team supported EOS in enhancing its IT security offerings. The deal was driven by increasing demand for backup solutions amid rising cyberattack threats.
• MCF (MCF Corporate Finance)coreImplementation/ SI/ Consulting PartnerMCF advised EOS Partners on the sale of mst Group to NIIT Learning Systems, a global managed learning services provider. The deal represented a full exit for EOS Partners from mst, which they transformed from a niche managed training services provider into a scalable Managed Service Provider.
• PlantedcoreStrategic or Co-development PartnerEOS partnered with Planted, an independent climate partner, to challenge them on greenhouse gas emissions and offset their carbon footprint through climate protection projects in Germany. EOS has become climate positive since the beginning of 2022. EOS team members are climate positive since early 2022.
• EcovadiscoreStrategic or Co-development PartnerEcovadis provides annual independent ESG review of all EOS portfolio companies. EOS has established controls and regular independent audits of ESG progress through this partnership.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Gimv: Listed Belgian private equity and venture capital investor with strong Benelux/DACH exposure, focusing on mid-market buyouts in healthcare, tech, and sustainable industries — comparable in target size, vertical focus, and European mid-market positioning.
• capiton AG: German mid-market private equity firm investing in DACH SMEs with proven business models across technology, healthcare, and industrial sectors — directly comparable to EOS in target size, sector focus, and transformatory buyout approach.
• Deutsche Beteiligungs AG (DBAG): Frankfurt-listed private equity firm focused on mid-market buyouts in German-speaking regions, particularly in industrial technology, software, and healthcare — directly comparable to EOS's vertical and geographic focus and target EBITDA range.
• Paragon Partners: Munich-based mid-market PE firm executing buyouts and buy-and-build strategies across DACH, Benelux, and the Nordics in B2B services, technology, healthcare, and industrial niches — directly comparable in geography, ticket size, and vertical orientation.
• AURELIUS Equity Opportunities: Munich-based mid-market PE firm active across DACH and Europe, focusing on complex carve-outs, operational turnarounds, and platform builds in industrial, technology, and services — closely matches EOS's SME buyout and operational value-creation thesis.
• AUCTUS Capital Partners: Munich-based mid-market PE firm focused on majority buyouts of SMEs in German-speaking regions across industrial technology, services, and software — directly comparable in DACH focus, target EBITDA range, and SMB buyout strategy; EOS team alumni have worked at AUCTUS.
• Bencis Capital Partners: Amsterdam-based mid-market PE firm focused on Benelux and DACH SMEs in business services, industrial technology, and consumer — closely comparable to EOS's regional scope, target EBITDA range, and partnership-style ownership approach.

Regional players

• Litorina: Stockholm-based mid-market PE firm executing buyouts and buy-and-build strategies in the Nordics, focused on B2B services, software, and industrial technology — comparable to EOS's Nordics focus, target size, and value-creation approach, with primary regional overlap in Sweden/Denmark/Norway/Finland.

Broad incumbents

• ARDIAN: Paris-based global private investment firm with large European mid-market buyout operations across DACH, Benelux, and the Nordics — comparable in regional and vertical coverage but operates at significantly greater AUM scale; EOS team alumni have worked at ARDIAN.
• Rivean Capital (formerly Gilde Buy Out Partners): Amsterdam-headquartered European mid-market PE firm with significant DACH and Benelux presence, executing buy-and-build strategies in business services and industrials — comparable in regional coverage and target size, but operates at materially larger AUM scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EOS Capital Partners