What Trigon Equity Partners does

Trigon Equity Partners GmbH is a Frankfurt-based private equity firm focused on acquiring majority stakes in German-speaking Mittelstand companies with revenues between EUR 10 and 150 million, headquartered across Germany, Austria, and Switzerland. Operating as a lower-mid-market investor, the firm pursues four transaction archetypes: turnaround situations, spin-offs, buyouts, and generational succession, plus growth-capital injections for expanding portfolio companies. The legal entity operating under the Trigon Equity brand is registered as MCW Capital GmbH at Zeppelinallee 77a, Frankfurt am Main, with three Managing Partners — founder Matthias C. Wimmer, Stefan Fischer, and Christoph D. Kauter — providing the firm's investment leadership.

The firm does not build or sell technology products. Its offering is the structuring of majority equity investments and active management of portfolio companies across industry, trade, and service sectors. The disclosed portfolio spans packaging machinery (PKM Packaging GmbH), cosmetics manufacturing (BCG Baden-Baden Cosmetics Group AG, home of the Sans Souci and Biodroga brands), digital marketing (new i-d media AG, United Digital Group), financial information services (Anleihen Finder GmbH), model-agency software (ModelKarma GmbH), wood design (MHD Menz Holz Design GmbH), and FX trading (Oanda plc.). At least one transaction — the BCG Baden-Baden Cosmetics Group investment — was executed as a turnaround of an insolvency estate, illustrating the firm's willingness to deploy capital into special situations.

Trigon Equity generates returns through classic PE economics: management fees on committed or invested capital plus carried interest on successful exits. Deal flow is sourced through direct owner relationships, industry referrals, and membership in three specialized bodies — BVK (German PE/VC association), Forschungsinstitut für Family Offices, and BRSI (German restructuring and interim-management association). Pricing and fee economics are not publicly disclosed, and each transaction is structured with bespoke terms. The firm maintains an operating status with an active website and current portfolio, and there are no public disclosures of fund size, LP composition, or revenue figures.

Name

Trigon Equity Partners

Legal name

Trigon Equity Partners GmbH

Website

https://trigonequity.com

Company type

Private

Founded year

2010

Operating status

Operating

Short description

Trigon Equity Partners is a Frankfurt-based private equity firm that acquires majority stakes in German-speaking Mittelstand companies with EUR 10-150 million in revenue, targeting growth, succession, restructuring, and turnaround situations across the DACH region.

Ownership category

akta.pro rank

Product category

Private Equity Fund Management

NAICS

Other Financial Investment Activities (5239)

SIC

Investment Advice (6282)

akta.pro primary industry

Multi-Sector / Generalist Growth Equity (FSANACAO)

Keywords

• Private equity investing
• Mittelstand buyouts
• Growth capital
• Company restructuring
• Succession financing

Headquarters

HQ city

Frankfurt

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Revenue model

1. Private Equity Fund Management: Trigon Equity generates returns through acquiring majority stakes in portfolio companies, providing growth capital, turnaround management, and restructuring expertise. Revenue is derived from management fees and carried interest on successful exits.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Trigon Equity Partners is a German private equity firm that acquires majority stakes in established Mittelstand (mid-cap) companies with revenues between EUR 10-150 million located in Germany, Austria, and Switzerland. The firm invests via growth-capital, succession, restructuring, turnaround, spin-off, and buyout transactions across industry, trade, and service sectors, earning revenue through management fees and carried interest on portfolio exits.

Product overview

Trigon Equity Partners is a Private Equity firm focused on German-speaking mid-cap companies. The company acquires majority stakes in established businesses with revenues between EUR 10-150 million across industry, trade, and service sectors. Their investment approach targets growth, restructuring, and optimization opportunities through turnaround, spin-off, buyout, and follow-up investments. Rather than offering technology products, the firm provides private equity investment and management services, with current portfolio companies including MHD Menz Holz Design GmbH, PKM Packaging GmbH, Oanda plc., BCG Baden-Baden Cosmetics Group AG, new i-d media AG, United Digital Group, Anleihen Finder GmbH, and ModelKarma GmbH.

Differentiator

Problem solved

Functional benefit

Products and services

• Growth Capital Investment Provision of majority equity capital to established DACH Mittelstand companies seeking to fund expansion and growth initiatives, targeting firms with revenues between EUR 10-150 million.
• Succession and Transgenerational Financing Acquisition of majority stakes in family-owned Mittelstand companies undergoing ownership succession or transgenerational transfer, providing both capital and continuity for the business.
• Restructuring and Turnaround Management Active operational restructuring and turnaround management for underperforming or distressed Mittelstand companies in the DACH region, typically combined with majority-equity capital injection (example portfolio company: BCG Baden-Baden Cosmetics Group AG).
• Buyout and Spin-Off Transactions Execution of buyout and corporate spin-off transactions in the DACH mid-market, including investments in carved-out business units and change-of-control acquisitions.

Named customers8 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor.

• BVK (Bundesverband Deutscher Kapitalbeteiligungsgesellschaften e.V.)minorOthersIndustry association for German private equity and venture capital companies. Membership provides networking and industry representation.
• Forschungsinstitut für Family OfficesminorOthersResearch institute focused on family office topics, providing insights and connections for succession-focused investments.
• BRSI (Bundesvereinigung Restrukturierung, Sanierung und Interim Management e.V.)minorOthersGerman association for restructuring, reorganization, and interim management professionals. Supports turnaround investment activities.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Auctus Capital Partners: Auctus is a Munich-based private equity firm focused exclusively on majority buyouts of German Mittelstand companies, directly overlapping Trigon's DACH lower-mid-market investment thesis.
• Brockhaus Capital Management: Brockhaus Capital Management acquires majority stakes in German mid-sized industrial and service companies, sharing Trigon's Mittelstand-focused buyout strategy.
• BPE Unternehmensbeteiligungen: BPE is a Frankfurt-based mid-market PE investor active in succession, growth and buyout transactions across Germany, making it a natural direct peer to Trigon.
• Mutares: Mutares is a Frankfurt-listed special-situations investor that acquires underperforming and turnaround mid-market companies, sharing Trigon's restructuring and buyout focus in the DACH region.
• capiton AG: capiton is a Berlin-based PE manager focused on succession situations and growth financing for established German Mittelstand companies, comparable in mandate and ticket size.
• VR Equitypartner: VR Equitypartner is a German PE firm providing growth capital, succession solutions and buyout financing to mid-sized companies, closely matching Trigon's investment criteria and DACH focus.
• Paragon Partners: Paragon Partners is a German independent PE firm targeting succession, growth, and turnaround situations in mid-cap companies, mirroring Trigon's mandate in the same geography and segment.
• Equita Partners: Equita is a Munich-based mid-market PE firm advising on succession, growth and buyout transactions in the DACH Mittelstand, overlapping Trigon's niche and regional scope.

Regional players

• Argantis Mittelstandsfonds: Argantis is a DACH-focused mid-market investor concentrating on German Mittelstand succession and buyout deals, a regional player with very similar scope to Trigon.

Broad incumbents

• DBAG (Deutsche Beteiligungs AG): DBAG is one of the largest publicly listed German mid-market PE firms, providing growth capital, succession solutions and buyouts for Mittelstand companies — a broader incumbent with overlapping DACH mandate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/trigon-equities

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Trigon Equity Partners