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The end of the zero interest era: how the new reality is going to impact the Private Equity- and the Private Debt industry

How increased interest rates impact the Private Equity industry? After an unprecedentedly long period of close-to-zero interest rates, central banks have been aggressively hiking interest rates to control inflation. This has impacted the global markets, and the private equity industry is no exception. In general, higher interest rates result in lower returns and lower competition, […]

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Re-participation and earn-out mechanisms in small-cap M&A deals in DACH region 2023

When we at Winterberg Group acquire Mittelstand companies in the DACH region, we encourage the selling shareholders to re-participate with a minority stake in the company. Why? The answer is simple – on the one hand, we want to share a portion of our risks. On the other hand, for owners, it’s usually a good […]

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German Emergency Water Supply Market: Interesting Niche for Private Equity

Water is essential for human survival, and ensuring a secure and reliable water supply is of paramount importance. In Germany, the Water Security Law (Wassersicherstellungsgesetz) aims to provide emergency water supply to cities in times of crisis, ensuring the population’s uninterrupted access to clean drinking water. The law has been designed to provide a framework […]

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