Calandi

M&A Advisory Servicescalandi.de

Calandi is a Düsseldorf-based independent M&A boutique advising German Mittelstand SMEs on company sales, acquisitions, valuations, and succession planning, serving business owners, strategic buyers, and financial investors from five German offices.

Company typePrivate
Founded2017
HeadquartersDüsseldorf, Germany
Headcount11–50
GTM typeB2B
OfferingServices

What Calandi does

Calandi GmbH is an independent M&A boutique advisory firm headquartered in Düsseldorf, Germany, founded in 2017. The firm specializes in company sales, acquisitions, valuations, and succession planning for German Mittelstand SMEs, serving business owners seeking exit or transition solutions as well as strategic buyers and financial investors. Calandi operates from five German offices (Düsseldorf, Nürnberg, Hamburg, Frankfurt, Berlin) and reports a team of 11-50 staff, including Managing Directors Sven Rößner and Lena Windhorst, Managing Partner Christian Rommel, CFO/COO Lukas Kapp, Senior Advisors, and an Advisory Board. The firm claims 15 years of cumulative team experience and over 100 completed transactions.

Calandi's service offering spans four core lines: M&A Sell Side advisory, Buy Side advisory, Valuation, and Research. The firm's primary technology asset is a proprietary database of 500+ investors used to support buyer matching on sell-side mandates. The firm also publishes the Calandi Insider newsletter as a thought-leadership and deal-flow channel. Calandi is led by Christian Rommel on AI and Big Data initiatives, though no specific AI products or proprietary models are disclosed in available materials.

The business model is a professional services engagement model billed on a time-spent basis, with each client engagement discrete and typically tied to a specific transaction. Revenue is generated entirely through advisory fees, with no disclosed subscription, retainer, or technology-licensing revenue lines. The firm has received Top Company 2025 and 2026 employer awards, indicating active investment in employer brand and talent attraction within the German advisory market.

Calandi firmographics

Firmographics

Name: Calandi
Legal name: Calandi GmbH
Website: https://calandi.de
Company type: Private
Founded year: 2017
Operating status: Operating
Headcount range: 11–50 employees
Short description: Calandi is a Düsseldorf-based independent M&A boutique advising German Mittelstand SMEs on company sales, acquisitions, valuations, and succession planning, serving business owners, strategic buyers, and financial investors from five German offices.
Ownership category
akta.pro rank

Calandi industry classification

Industry

Product category: M&A Advisory Services
NAICS: Management Consulting Services (54161)
SIC: Services-Engineering, Accounting, Research, Management (8700)
akta.pro primary industry: Sell-Side M&A Advisory (FSAEAGAA)
akta.pro secondary industries: Buy-Side M&A Advisory (FSAEAGAB), Industry-Specialist / Sector-Focused M&A Advisory (FSAEAGAJ), Fairness Opinions & Independent Financial Advice (BPAHAOAF)

Keywords

M&A advisory services
Succession planning
Company valuation
Sell-side advisory
Buy-side advisory

Where Calandi is headquartered

Location

Headquarters

HQ city: Düsseldorf
HQ country: Germany
HQ region: Europe

Offices5 records

Markets served

Calandi business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

M&A Advisory Services: Calandi charges fees for advising on company sales (sell-side), acquisitions (buy-side), valuations, and research services. Consulting services are billed by time spent (time-based billing). Transaction completion fees may also apply. Revenue is generated entirely through professional services engagements with no recurring subscription or product revenue.

Pricing tiers

Model	Billing	Price
Other	Multi-year contract	Time-based consulting

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Calandi product offering

Product offering

Core offering

Calandi is an independent M&A boutique advising German Mittelstand business owners on company sales (sell-side), acquisitions (buy-side), business valuations, and succession planning. The firm provides end-to-end transaction support, from deal preparation and buyer identification through due diligence, negotiation, and closing, leveraging a proprietary database of 500+ investors.

Product overview

Calandi is an independent M&A boutique offering advisory services for company sales, acquisitions, valuations, and succession planning. The firm provides a unified consulting service rather than a software platform. Its core offerings include M&A Sell Side (company sale advisory), M&A Buy Side (acquisition support), Valuation (company valuation using multiple methodologies), and Research (target company identification). These services are delivered through a team of experienced advisors using proprietary databases and structured processes.

Differentiator

Problem solved

Functional benefit

Products and services

M&A Sell Side Advisory services for company sales, guiding entrepreneurs through the entire sales process from preparation and buyer identification to negotiation and handover. Designed for German Mittelstand owners seeking succession solutions, strategic exits, or generational transfers.
M&A Buy Side Consulting services for targeted company acquisitions, supporting buyers in strategy development, target identification, evaluation, and transaction execution. Designed for strategic buyers and financial investors seeking acquisition opportunities in the German Mittelstand.
Valuation Company valuation services using multiple methodologies including DCF (Discounted Cash Flow), income value, multiplier, substance value, and liquidation value approaches. Provides a defensible pricing position for sales, acquisitions, or internal strategic decisions.
Research Structured identification and analysis of suitable strategic and financial buyers using database searches, network contacts, and discreet direct outreach. Used to source off-market deal opportunities and qualify potential acquirers for sell-side and buy-side mandates.

Quantifiable outcome

Over 100 company sales successfully accompanied
+3 more outcomes

Companies that use Calandi

Customer profile

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Calandi technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Calandi partnerships and signals

Strategic signal

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Calandi competitors and assessment

Company assessment

Broad incumbents

Lincoln International: Global mid-market investment bank with significant German Mittelstand practice offering sell-side, buy-side, and valuation services — larger competitor operating in Calandi's segment.
Baringa Partners: While specialized in consulting, Baringa has broader financial advisory overlap including valuation and transaction support — relevant as a larger adjacent player in the German advisory landscape.
KPMG Germany (Deal Advisory): Big Four firm with dedicated German M&A and valuation practices serving mid-market and Mittelstand clients on buy-side due diligence and valuation — partly overlapping with Calandi's full-service positioning.

Direct peers

Clairfield International: International M&A advisory firm specializing in mid-market transactions, with established German coverage and similar sell-side succession advisory services for SME owners.
IMAP: Global network of M&A advisory firms with strong German member firms focused on mid-market buy-side and sell-side mandates — comparable boutique-style transaction advisory for SME owners.
goetzpartners: Independent advisory firm with strong German Mittelstand mid-market M&A practice, covering corporate finance, restructuring, and transaction advisory — directly comparable to Calandi's sell-side/buy-side positioning.
Corporate Finance Associates (CFA Global): International network of middle-market M&A advisors with German member firms providing sell-side and buy-side services to SME owners.
FCF Fox Corporate Finance: Specialized German M&A advisory boutique serving SMEs and mid-market companies with sell-side, buy-side, and financing services — directly comparable operating model and Mittelstand focus.
Atrea GmbH: German M&A advisory boutique serving Mittelstand SME succession and corporate transactions — closely comparable target market and service offering.
OakLinn: German independent M&A advisory boutique focused on mid-market and Mittelstand transactions with direct comparable sell-side and corporate finance services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Calandi compliance and trust

Trust signal

Compliance1 record

Calandi financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Calandi leadership team

Management profile

Number of profiles

Profiles12 records

Calandi funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Calandi M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Calandi

What does Calandi do?

Is Calandi a public or private company?

Calandi is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Calandi founded?

Calandi was founded in 2017. It employs 11 to 50 people.

Where is Calandi based?

Calandi is headquartered in Düsseldorf, Germany, in the Europe region.

How does Calandi make money?

One revenue line is on record: M&A Advisory Services.

Who are Calandi's main competitors?

Broad incumbents on record are Lincoln International, Baringa Partners and KPMG Germany (Deal Advisory). Direct peers are Clairfield International, IMAP, goetzpartners, Corporate Finance Associates (CFA Global), FCF Fox Corporate Finance, Atrea GmbH and OakLinn.

Does Calandi have an API?

No public API is recorded for Calandi.

What industry is Calandi in?

Calandi's product category is M&A Advisory Services. Its primary akta.pro industry code is FSAEAGAA, Sell-Side M&A Advisory, with a secondary code of FSAEAGAB, Buy-Side M&A Advisory. Its NAICS code is 54161 and its SIC code is 8700.