The German Private Equity Market 2017 and Outlook for 2018 Bundesverband Deutscher Kapitalbeteiligungsgesellschaften e.v. (BVK)
Agenda 1. Most Important Facts 2. Market Figures in Detail 3. Outlook 4. Politics 5. Appendix The German Private Equity Market 2017 and Outlook for 2018 Berlin, 26 February 2018 2
The German Private Equity Market 1. Most Important Facts The German Private Equity Market 2017 and Outlook for 2018 Berlin, 26 February 2018 3
1. Most Important Facts Private Equity in Germany The importance of private equity in the German economy 300 Private Equity firms >1,000 companies financed annually More than 5,000 Portfolio companies 960,000 employees in German portfolio companies 171 bn revenues der Portfoliounternehmen 37 bn invested 2013-2017 11.3 bn Invested in 2017 The German Private Equity Market 2017 and Outlook for 2018 Berlin, 26 February 2018 4
The German Private Equity Market 2. Market Figures in Detail The German Private Equity Market 2017 and Outlook for 2018 Berlin, 26 February 2018 5
Investments in Germany Record level of investments in 2017 12.000 10.000 1356 1228 1371 1360 1294 1339 1404 1334 1118 1124 1500 8.000 1000 6.000 9590 11313 4.000 5092 6979 6742 5438 7164 6602 6772 500 2.000 3065 0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 Investments ( m) Companies Market statistics = Investments in Germany regardless of origin of investing firm The German Private Equity Market 2017 and Outlook for 2018 Berlin, 26 February 2018 6
Semi-annual Investments in Germany Extraordinary first semester 2017 4386 5115 2662 3437 4602 3152 4428 3448 4720 6927 4475 2321 744 2430 3542 2139 2286 2736 3154 2052 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 H1 ( m) H2 ( m) Market statistics = Investments in Germany regardless of origin of investing firm The German Private Equity Market 2017 and Outlook for 2018 Berlin, 26 February 2018 7
Investments 2017 by investment stage Buyouts responsible for three quarter of amount, yet only accounts for every tenth company investment 1049 9% 1329 12% 150 13% 11,313 m Investment amount 386 34% 1,124 Financed companies 600 53% 8935 79% Venture Capital Growth / Other minority investments Buyouts Market statistics = Investments in Germany regardless of origin of investing firm The German Private Equity Market 2017 and Outlook for 2018 Berlin, 26 February 2018 8
Venture Capital Investments Upward trend confirmed 1062 1049 706 728 573 722 677 847 2010 2011 2012 2013 2014 2015 2016 2017 Venture Capital Investments ( m) Venture Capital investments include Seed, Start-Up and Later Stage venture capital investments. Market statistics = Investments in Germany regardless of origin of investing firm. The German Private Equity Market 2017 and Outlook for 2018 Berlin, 26 February 2018 9
Buyouts and minority investments Investment leap compared to previous years 8935 5153 5073 5526 4774 5017 3287 4204 1100 1099 1095 511 961 980 692 1329 2010 2011 2012 2013 2014 2015 2016 2017 Growth / Other minority Investments ( m) Buyouts ( m) Market statistics = Investments in Germany regardless of origin of investing firm. The German Private Equity Market 2017 and Outlook for 2018 Berlin, 26 February 2018 10
Investments by States 2017 2016 Market statistics = Investments in Germany regardless of origin of investing firm The German Private Equity Market 2017 and Outlook for 2018 Berlin, 26 February 2018 11
Fundraising of German Funds Stable fundraising results 3465 2920 2928 2982 Generalists 1% 2088 Buyout Funds 32% Venture Capital Funds 50% 1505 1389 1640 Fundraising 2017 by fund type 2010 2011 2012 2013 2014 2015 2016 2017 Fundraising ( m) Growth Funds 17% The German Private Equity Market 2017 and Outlook for 2018 Berlin, 26 February 2018 12
Bundesverband Deutscher Kapitalbeteiligungsgesellschaften German Private Equity and Venture Capital Association e.v. (BVK) Reinhardtstrasse 29b 10117 Berlin, Germany Fon: +49 30 306982-0 Fax: +49 30 306982-20 E-Mail: bvk@bvkap.de www.bvkap.de