KKA Partners

What KKA Partners does

KKA Partners is a Berlin-based private equity firm founded in 2018 by Dominic Faber, Patrick Feller, and Kaspar Hartmann. The firm pursues majority buyouts and control positions in profitable, established Mittelstand companies across Germany, Austria, and Switzerland, with a stated sweet spot of €5–15 million EBITDA, €20–30 million equity investment per deal, and €50–120 million enterprise value. Its proprietary "Technology Enabled Value-Creation" (TEV) playbook combines traditional operational improvement with technology-led transformation and digitization, and is supported by dedicated in-house Value Creation personnel.

The firm operates through KKA Value Fund II, which closed at €230 million in July 2023, oversubscribed 15% above its €200 million target, with more than 40% of commitments from US institutional investors and backing from the European Investment Fund and InvestEU. As of late 2025, KKA holds majority stakes in approximately nine platform companies spanning healthcare (CuraMed, Healthcare Holding Schweiz), IT services and communications (Xantaro), business process outsourcing (SSF/Cho-Time), property management (Prokuras), consumer branded goods (BLACKROLL, GeHo Group), pet nutrition (Mühldorfer Nutrition), and live event infrastructure (EVAGO). Several of these platforms are executing aggressive buy-and-build strategies, with at least 12 add-on acquisitions announced across the portfolio in 2024–2025.

Revenue is generated through conventional private equity fund management economics: management fees on committed capital and carried interest on successful exits. The firm employs approximately 13 professionals across investment, operations/value creation, finance, HR and office management functions, and sources investments directly through partner relationships in the DACH Mittelstand rather than through competitive auctions.

Name

KKA Partners

Legal name

KKA Management GmbH

Website

https://kkapartners.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

KKA Partners is a Berlin-based private equity firm founded in 2018 that acquires majority stakes in profitable Mittelstand companies across Germany, Austria, and Switzerland through its €230 million Fund II.

Ownership category

akta.pro rank

Product category

Private Equity Fund Management

NAICS

Miscellaneous Financial Investment Activities (523999)

SIC

Investment Advice (6282)

akta.pro primary industry

Industry-Specialist Buyout (Sector-Focused) (FSANABAE)

Keywords

• Private equity buyouts
• Mittelstand investments
• Technology value creation
• Majority control acquisitions
• DACH region investing

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Private Equity Fund Management: KKA generates returns through management fees on committed capital and carried interest from successful exits of portfolio companies. The firm operates Fund II at €230 million with institutional investors from Europe and the US.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

KKA Partners is a Berlin-based private equity firm that makes majority buyouts and control investments in established, profitable Mittelstand companies in Germany, Austria and Switzerland, typically with €5-15 million EBITDA, €50-120 million enterprise value and €20-30 million equity tickets. The firm deploys capital through its €230 million KKA Value Fund II and combines traditional value creation with its proprietary Technology Enabled Value-Creation (TEV) playbook to future-proof cashflows and accelerate growth in portfolio companies.

Product overview

KKA Partners is a Berlin-based private equity firm founded in 2018 that invests in leading Mittelstand companies in Germany, Austria, and Switzerland. The firm operates through its KKA Value Fund II (€230 million) and employs a proprietary Technology Enabled Value-Creation (TEV) strategy combining traditional value creation with technology-driven growth approaches. KKA's portfolio consists of control/majority stakes in portfolio companies including: CuraMed Clinics Group (mental health clinics with digital therapy), Xantaro Group (high-performance communication networks with Yukon software platform), BLACKROLL (health/recovery products in 57+ countries), Healthcare Holding Schweiz (Swiss medtech distribution), Mühldorfer Nutrition (pet food/animal nutrition), GeHo Group (snack/beverage distribution), SSF/Cho-Time Group (CRM/business process outsourcing), Prokuras (German property management), and EVAGO Group (live event infrastructure).

Differentiator

Problem solved

Functional benefit

Products and services

• KKA Value Fund II KKA's second private equity fund with €230 million in external commitments, making primary buy-outs and majority control investments in established Mittelstand companies in Germany, Austria and Switzerland with €5-15 million EBITDA. Targets B2B services and healthcare sectors, combining traditional value creation with technology-driven transformation through the firm's TEV playbook.
• Technology Enabled Value-Creation (TEV) Service KKA's proprietary value creation service combining traditional value creation with technology-driven solutions and digital transformation to future-proof existing cashflows and ignite significant growth opportunities for portfolio companies. Applied to Mittelstand companies across healthcare, smart industries, business services, and consumer branded goods sectors in the DACH region.

Quantifiable outcome

• Fund II oversubscribed at €230 million hard cap, exceeding €200 million target
• +1 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• Winterberg AdvisorycoreStrategic or Co-development Partner · 1 June 2024Winterberg Advisory is the current owner and investor in Healthcare Holding Schweiz AG. KKA partnered with Winterberg Advisory to invest in Healthcare Holding Schweiz, providing fresh equity to accelerate the group's Buy & Build strategy and technology-enabled transformation.
• WHU - Otto Beisheim School of ManagementminorGTM or Marketing PartnerKKA Partners supports WHU Campus for Family Business as a partner, with emphasis on digital transformation of German SMEs. Founding partner Dominic Faber participates in discussions about digital transformation and 'New Work'.
• BVK (German Private Equity and Venture Capital Association)minorGTM or Marketing PartnerFounding Partner Kaspar Hartmann serves on BVK executive board, leading focus group specialized on SMEs to strengthen importance of majority shareholdings in medium-sized companies in DACH region.

Scale indicators10 records

Recent moves6 records

Expansion highlights7 records

Market position

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kka-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 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 KKA Partners