
Acquisition profile
Who we buy and how we decide
B2B services · EBITDA €0.5m to €5m · Germany · Succession / majority · profitable, owner-managed · Response usually within 72 h · Fund more than €60m
- Usual response time
- 72 h
- First call to closing
- 6 to 9 months
- Fund size
- > €60m
What we look for
| Criterion | GTP looks for |
|---|---|
| Sector | B2B services |
| EBITDA | €0.5m to €5m |
| Region | Germany |
| Situation | Succession / majority |
| Company | Profitable, owner-managed |
| Response | Usually within 72 h |
| Fund | more than €60m |
Who we buy
- Profitable, owner-managed B2B service companies
- Succession situation: the owner wants to step back or transfer the majority
- EBITDA of €0.5m to €5m, as a platform acquisition or an add-on

AI transformation after closing, run by operators.
Size and region
EBITDA of €0.5m to €5m is our only size criterion.
Germany: headquarters and operating business in Germany, anywhere in the country. Generation Tech Partners is based in Hamburg.
Core sectors
01
Real-estate-related services
Owners' association and rental management, commercial property management, property accounting, technical property management and facility services.
02
Compliance, testing and certification
Occupational safety, data protection, customs, product compliance, certification bodies, testing and expert services with mandatory annual cycles.
03
Non-medical healthcare services
Billing, medical controlling, hygiene and practice back office. Services around medicine, without treating patients.
04
Industrial service and maintenance
Recurring testing and service work for industrial customers under contract, for example electrical testing under DGUV V3.
Outside the core sectors we also buy
- Factoring
- Debt collection
How we work
- Majority acquisition with a clear succession solution for the owner
- We decide ourselves and the capital is in place: a fund of more than €60m from institutional investors
- We usually reply within 72 hours. Indicative offer within 2 to 4 weeks.
- A full exit is possible, as is a reinvestment by the owner
What you get
- A fast, honest go or no-go decision, including deals outside our profile
- A buyer that closes
- Our aim is to develop the team, the brand and the operating business over the long term
- A buyer that keeps buying, year after year
This is what we do not buy
Sectors
Sectors we do not buy
- Software companies
- IT system houses
- Marketing and advertising agencies
- Law and tax firms
- Care services
Situations
Situations we do not buy into
- Turnaround cases
- Brokers without a managed portfolio
Business model: must, preferred, checked
B2B customers, a substantial service component and sustainable profitability are set out above under Who we buy.
Must
Has to be there
- Succession relevance: the owner wants to hand over in the medium term
- Recurring or regularly repeated demand (contracts, maintenance, framework agreements)
Preferred
We like to see
- Fragmented market with add-on potential
- Room for operational improvement in processes, management and sales
- Potential for digitalisation and AI in the core business
Checked
We look at closely
- Acceptable customer concentration. A large share of revenue with one customer lowers the price.
- Dependence on the owner can be transferred or solved through a transition period
This is how we structure the acquisition
Stake: two routes
Majority or 100%
- Majority acquisition with a reinvestment by the owner
- Full acquisition (100%)
Role in the group
Platform or add-on
- Platform acquisition
- Add-on acquisition for an existing platform
Situation
Succession or carve-out
- Succession or change of shareholder
- Carve-out from a group of companies
Check in six points whether you fit
If all six statements apply, your company fits our acquisition profile.
- Your company generates EBITDA of €0.5m to €5m.
- Your customers are companies or public clients.
- A substantial part of what you deliver is a service.
- Your company is sustainably profitable.
- Your headquarters and your business are in Germany.
- You want to hand over the majority or all of the company, through succession or a change of shareholder.
Investment focus by sector
Four sectors, 24 segments
For each sector we describe which segments we buy, what drives the value and what stays after the acquisition.
Direct line
Elias Bitzer, Managing Partner
elias@generationtech.partners · +49 174 1965396
Questions and answers
Frequently asked questions
- Which companies does Generation Tech Partners buy?
- Profitable, owner-managed B2B service companies in Germany with EBITDA of €0.5m to €5m. Core sectors are real-estate-related services; compliance, testing and certification; non-medical healthcare services; and industrial service and maintenance.
- Which companies does Generation Tech Partners not buy?
- Software companies, IT system houses, marketing and advertising agencies, law and tax firms and care services.
- How quickly do sellers and advisors get a response?
- After receiving a teaser, Generation Tech Partners usually replies within 72 hours with a clear go or no-go. The Managing Partners decide directly, without a prior financing commitment from third parties.
- Is Generation Tech Partners an M&A advisor?
- No. Generation Tech Partners is an investment firm and buys only on its own account with institutional fund capital. We take no sell-side mandates and charge no commissions. We talk to owners and to the M&A advisors who represent them.
HOW WE WORK
The process in five steps
From your confidential enquiry to the handover. We are the buyer and we take the decision.
01Confidential enquiry
We usually reply within 72 hours.
When: Reply usually within 72 h
02First call
30 minutes with a Managing Partner.
When: 30 minutes
03Indicative offer
Within 2 to 4 weeks, under NDA if you wish.
When: 2 to 4 weeks after the call
04Due diligence and contract
Closing usually 6 to 9 months after the first call.
When: Closing usually 6 to 9 months after the call
05Handover
You stay on as managing director for 6 to 24 months.
When: 6 to 24 months after closing
Let's talk
The first call takes 30 minutes and stays confidential. You speak directly with a Managing Partner.
Request a confidential first callCONFIDENTIAL · NON-BINDING · GERMANY-WIDE