Finatem aktuell | January 2010 Edition

14 January 2010

Finatem, one of Germany's leading lower mid-market private equity firms, announces the first closing of Finatem III at € 120 million. This represents 80% of its target size of € 150 million and equals the size of its previous fund, Finatem II, which has now been fully invested. Over 70% of commitments have come from institutional investors, and 60% of the amounts subscribed are from international investors.

Christophe Hemmerle, Managing Partner of Finatem, said:

Christophe Hemmerle
Finatem's Managing Partner

As we all know, 2009 has been a difficult year in which we have had to work very closely with our portfolio companies. Despite the market challenges, our portfolio is performing well. We are pleased with the strong support shown by our existing investor base and with the fact that we have been able to attract renown new institutional and private investors. We believe it is a great achievement to hold such a strong first closing in the current market where investors are highly selective and capital is so limited.

The current fund will continue Finatem's successful strategy of acquiring majority stakes in buy-outs of small and medium sized enterprises (SMEs) in the German-speaking countries focussing on enterprise values between EUR 20 million and 50 million and sales between EUR 25 million and 125 million that have clear potential for growth and value enhancement: the midmarket's hidden champions.

Established in 2000 and now wholly partner-owned, Finatem has a stable team with a unique combination of investment professionals and industry experts. To date, the team has completed 11 platform acquisitions, 7 add-on investments and 5 realisations, with no write-offs due to the cooperation of our team and the companies' managing directors and their ability to react quickly and sustainably and to adapt to difficult market conditions.

SJ Berwin is acting as legal and tax adviser to Finatem.

For further information, please contact:

Christophe Hemmerle
Managing Partner
Email: c.hemmerle@finatem.de

Robert Hennigs
Managing Partner
Email: r.hennigs@finatem.de

www.finatem.de info@finatem.de

Finatem Fonds III Management GmbH & Co. KG
Freiherr-vom-Stein-Straße 7, 60323 Frankfurt/Main
Commercial register court: Frankfurt/Main Local Court, HRA 44471

Personally liable partner: Finatem Fonds Management Verwaltungs GmbH
Freiherr-vom-Stein-Straße 7, 60323 Frankfurt/Main
Managing partners: Christophe Hemmerle, Dr. Robert Hennigs
Commercial register court: Frankfurt/Main Local Court
Company registration number: HRB 57281