Deutsche Beteiligungs (FRA: DBAN)

Currency in EUR

Last close As at 07/06/2023


0.00 (0.00%)

Market capitalisation


Deutsche Beteiligungs is a Germany-based and listed private equity investment and fund management company. It invests in mid-sized companies in Germany and neighbouring German-speaking countries via MBO transactions and growth capital financings. It focuses on growth-driven profitable businesses valued at €50–250m. DBAG’s core objective is to sustainably increase net asset value.

Latest Insights

View More

Investment Companies

Deutsche Beteiligungs — Solid liquidity for new investments

Investment Companies

Deutsche Beteiligungs — Robust exit activity in Q123

Investment Companies

Deutsche Beteiligungs — Recession in Germany unfolding

Deutsche Beteiligungs_resized

Equity Analyst

Milosz Papst

Milosz Papst

Director, Financials

Key Management

  • Roland Rapelius

    Head of IR

  • Torsten Grede


Share Price Performance

Price Performance
% 1M 3M 12M
Actual 3.2 (5.4) (3.2)
Relative 3.0 (7.4) (11.3)
52 week high/low €31.6/€20.9


Deutsche Beteiligungs (DBAG) posted a healthy 14% NAV total return in H123 (ending March 2023) due to expanding public peer multiples, the first time recognition of 2023 budgeted results (in Q123) and value-accretive add-on acquisitions. Proceeds from recent realisations have provided DBAG with sizeable capital to pursue new investments (management remains committed to investing €96m pa on average in 2023–25), though global M&A markets remain relatively muted, limiting DBAG’s investment activity. DBAG’s shares now trade at a 14% discount to NAV, whereas they traded at an average 18% premium in 2017–21 (despite its NAV not reflecting its fund services business).


Investment Companies

European equities

Investment Companies

Listed Private Equity

Investment Companies

Vietnamese equities: Due a comeback?


IPO apocalypse

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free