DGAP-Media / 24.10.2017 / 08:30

+++ Press release +++

German Startups Group increases the stake in its
strongly growing portfolio company Remerge

Berlin, 24 October 2017 - German Startups Group, a leading venture capital provider in Germany and Berlin-based digital agency with 140 employees, has increased its stake in the very dynamically developing focus investment Remerge and, therefore, now holds a share of 2.2% in the AdTech company. Remerge will at least quadruple its revenue in 2017 compared to 2016 and is already profitable. This way, German Startups Group follows its strategy of mainly doing follow-on investments in existing portfolio companies as the risk-reward ratio is particularly attractive, here.


Investor relations contact
German Startups Group

Marcel Doeppes
Mail: ir@german-startups.com


German Startups Group - We Love Startups!

German Startups Group is a listed investment company based in Berlin that focuses on young, fast-growing companies, so-called startups. The company acquires majority and minority shareholdings mainly by providing venture capital. The portfolio companies that German Startups Group holds also stand to benefit from German Startups Group's expertise, experience and network with respect to strategy development, financing rounds, restructuring necessities, M&A transactions or selling the company, including a possible IPO. According to its own assessment, German Startups Group provides startups with so-called "smart money" by acquiring a shareholding. Its focus is on companies whose products or business models represent a disruptive innovation, allow for a high degree of scalability to be expected, and in which it has a great deal of trust in the entrepreneurial abilities of the founders to whom it feels that it obtains early access to due to its close relationships to relevant players in the startup scene. The geographical focus is on the German-speaking region. Since it commenced with operations in 2012, German Startups Group has in its opinion built up a diversified portfolio of investments in young companies and become the most active private venture capital investor in Germany since 2012 (CB Insights 2015, PitchBook 2016). 22 of the 41 minority stakeholdings in operationally active companies are of particular significance to German Startups Group and together comprise 90% of the total value of all 41 active minority stakeholdings. The 10 core holdings alone make up 61% of the value of all active minority stakeholdings. According to German Startups Group, its investment portfolio reflects a cross-section of promising German startups of various maturity stages ("Seed," "Early" and "Growth Stage," by German Startups Group's own definition) and includes some of the most successful and best known German startups.

More information is available on our website at www.german-startups.com.



End of Media Release


Issuer: German Startups Group GmbH & Co. KGaA
Key word(s): Finance

24.10.2017 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: German Startups Group GmbH & Co. KGaA
Platz der Luftbrücke 4-6
12101 Berlin
Germany
Phone: +49.30.6098890.80
Fax: +49.30.6098890.89
E-mail: info@german-startups.com
Internet: www.german-startups.com
ISIN: DE000A1MMEV4
WKN: A1MMEV
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Tradegate Exchange; Open Market (Scale) in Frankfurt

 
End of News DGAP Media

621647  24.10.2017 

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