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    DGAP-News  1239  0 Kommentare German Startups Group: German Startups Group to go public (news with additional features)


    DGAP-News: German Startups Group Berlin GmbH & Co. KGaA / Key word(s):
    IPO
    German Startups Group: German Startups Group to go public (news with
    additional features)

    15.06.2015 / 08:31

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    +++ Corporate News +++
    for immediate publication

    German Startups Group to go public

    - German Startups Group, an investment company that specialises in young
    German Internet-based growth companies, is planning to go public on the
    Frankfurt Stock Exchange (Entry Standard)

    - One of the most active venture capital investors in the tech sector in
    Germany

    - IPO intended to enable investors to invest in German Internet startups

    - Profitable since the first full financial year (IFRS)

    - Gross return on average invested capital of +30.5% per year since it
    first started with its investment activity in mid-2012

    Berlin, 15 June 2015: German Startups Group Berlin GmbH & Co. KGaA ("German
    Startups Group"), an investment company based in Berlin that focuses on
    young, fast-growing companies, so-called startups, is planning to go public
    on the Entry Standard of the Frankfurt Stock Exchange. The envisaged issue
    proceeds are to be used mainly to purchase shares in startups over the next
    two years. The current shareholders will not be selling any shares unless
    the underwriting banks exercise their so-called greenshoe option. The
    transaction is being accompanied by COMMERZBANK AG as the sole Global
    Coordinator/Joint Bookrunner as well as Hauck & Aufhäuser Privatbankiers
    KGaA, BHF-BANK AG and quirin bank AG as Joint Bookrunner.

    Good basic conditions thanks to rise in company foundings in Germany

    German Startups Group invests in startups in particular in the
    German-speaking region via majority and minority shareholdings, mainly by
    providing venture capital. Its focus is on companies whose products or
    business models represent a disruptive innovation and allow for a high
    degree of scalability to be expected. German Startups Group feels that
    successful exits and other positive market trends have resulted in more new
    companies being founded in recent years. Besides the relatively good
    general economic conditions in Germany, the company believes that the
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    DGAP-News German Startups Group: German Startups Group to go public (news with additional features) DGAP-News: German Startups Group Berlin GmbH & Co. KGaA / Key word(s): IPO German Startups Group: German Startups Group to go public (news with additional features) 15.06.2015 / 08:31 …