Company lists · Data refreshed September 2026

Top 22 Lower middle market equity firms based in Munich, Germany

RevenueBase identified 33 lower middle market equity firms headquartered in Munich, Germany as of September 2026 and tracks 1,059 professional contacts across them, including 458 with verified work emails. Munchen is the largest hub.

This list covers lower middle market equity firms headquartered in Munich, Germany, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 20, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 20, 2026 86% judged on-target in blind review
33Companies
1,059Contacts tracked
458Verified emails
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The 22 largest lower middle market equity firms based in Munich, Germany

Ranked by team size
Top 22 of 33 lower middle market equity firms based in Munich, Germany, ranked by team size, largest first. Data refreshed Sep 20, 2026. RevenueBase Smart Search rates how each company's information relates to lower middle market equity firms: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Partial evidenceMunich, GermanyHQ checked Sep 20, 202610001+224 contacts →

Partial evidence

“Mutares - The equity entrepreneurs Mutares SE & Co.”

Source: RevenueBase Database · checked Sep 20, 2026
2Indirect evidenceMunich, GermanyHQ checked Sep 20, 202611-5053 contacts →

Indirect evidence

“Allianz X is the strategic growth investments arm of Allianz Group, dedicated to keeping the leading global insurer and asset manager at the forefront of the industry.”

Source: RevenueBase Database · checked Sep 20, 2026
3Partial evidenceMunich, GermanyHQ checked Sep 20, 202611-5050 contacts →

Partial evidence

“Paragon is an independent private equity firm that stands for sustainable investments in mid-sized companies since its foundation in 2004.”

Source: RevenueBase Database · checked Sep 20, 2026
4Indirect evidenceMunich, GermanyHQ checked Sep 20, 202611-5043 contacts →

Indirect evidence

“Die AURELIUS WACHSTUMSKAPITAL, Teil der AURELIUS Gruppe, investiert in erfolgreiche, eigentümergeführte Unternehmen und unterstützt diese vor Ort bei der zukunftsorientierten…”

Source: RevenueBase Database · checked Sep 20, 2026
5Partial evidenceMunich, GermanyHQ checked Sep 20, 202611-5031 contacts →

Partial evidence

“Orlando is a leading Private Equity firm with offices in Munich, Germany and in Stockholm, Sweden.”

Source: RevenueBase Database · checked Sep 20, 2026
6Indirect evidenceMunich, GermanyHQ checked Sep 20, 202611-5027 contacts →

Indirect evidence

“Wellington Partners is one of the most successful pan-European venture capital firms.”

Source: RevenueBase Database · checked Sep 20, 2026
7Indirect evidenceMunich, GermanyHQ checked Sep 20, 202611-5021 contacts →

Indirect evidence

“Maxburg Capital Partners is an investment management firm focused on the German-speaking region.”

Source: RevenueBase Database · checked Sep 20, 2026
8Partial evidenceMunich, GermanyHQ checked Sep 20, 202611-5012 contacts →

Partial evidence

“We are an owner-managed holding carrying out equity-financed investments in small and mid cap companies across industries in Europe.”

Source: RevenueBase Database · checked Sep 20, 2026
9Indirect evidenceMunich, GermanyHQ checked Sep 20, 20261-109 contacts →

Indirect evidence

“The transformation through digitalization and automation is crucial for the vast majority of companies to remain competitive.”

Source: RevenueBase Database · checked Sep 20, 2026
10Partial evidenceMunich, GermanyHQ checked Sep 20, 20261-108 contacts →

Partial evidence

“ARCUS Capital AG (ARCUS) is an independent private equity company that is located in Munich and was founded by entrepreneurs in 1994.”

Source: RevenueBase Database · checked Sep 20, 2026
11Indirect evidenceMunich, GermanyHQ checked Sep 20, 20261-108 contacts →

Indirect evidence

“M&A boutique and strategic investment vehicle for growth stage tech & SME companies.”

Source: RevenueBase Database · checked Sep 20, 2026
12Indirect evidenceMunich, GermanyHQ checked Sep 20, 20261-107 contacts →

Indirect evidence

“E3X Partners is an investment firm, specializing in long-term partnerships with investment holdings, family offices, and business owners.”

Source: RevenueBase Database · checked Sep 20, 2026
13Indirect evidenceMunich, GermanyHQ checked Sep 20, 20261-106 contacts →

Indirect evidence

“Taktische Sondersituationen meistern und gemeinsam mit Blackster nachhaltige Werte schaffen.”

Source: RevenueBase Database · checked Sep 20, 2026
14Indirect evidenceMunich, GermanyHQ checked Sep 20, 202651-2006 contacts →

Indirect evidence

“Hohnhaus & Jansenberger Gruppe is an investment firm turning investments into Industry Groups with sustainable growth.”

Source: RevenueBase Database · checked Sep 20, 2026
15Indirect evidenceMunich, GermanyHQ checked Sep 20, 20261-105 contacts →

Indirect evidence

“ekwithree embodies a dynamic vision, actively investing in and nurturing companies to propel their growth.”

Source: RevenueBase Database · checked Sep 20, 2026
16Partial evidenceMunich, GermanyHQ checked Sep 20, 202611-505 contacts →

Partial evidence

“Cannonball is an independent, partner-owned direct investments firm focused on private equity, real estate and venture capital.”

Source: RevenueBase Database · checked Sep 20, 2026
17Indirect evidenceMunich, GermanyHQ checked Sep 20, 20261-105 contacts →

Indirect evidence

“Do Capital Partners is an entrepreneurial, family-owned investment company based near Munich.”

Source: RevenueBase Database · checked Sep 20, 2026
18Indirect evidenceMunich, GermanyHQ checked Sep 20, 20261-104 contacts →

Indirect evidence

“Die emdequity Management GmbH ist unabhängige Investmentgesellschaft im Herzen Münchens.”

Source: RevenueBase Database · checked Sep 20, 2026
19Indirect evidenceMunich, GermanyHQ checked Sep 20, 20261-103 contacts →

Indirect evidence

“ICA provides investment advisory and capital raising services and delivers unique, exclusive investor events.”

Source: RevenueBase Database · checked Sep 20, 2026
20Partial evidenceMunich, GermanyHQ checked Sep 20, 20261-102 contacts →

Partial evidence

“U.C.A- the medium-sized Investment firm which provides your company with equity.”

Source: RevenueBase Database · checked Sep 20, 2026
21Partial evidenceMunich, GermanyHQ checked Sep 20, 20261-101 contacts →

Partial evidence

“Muzungu Capital is a venture capital and private equity company founded by Ronald Paul in 2017.”

Source: RevenueBase Database · checked Sep 20, 2026
22Partial evidenceMunich, GermanyHQ checked Sep 20, 20261-101 contacts →

Partial evidence

“We support entrepreneurs and established SMEs with equity capital and in achieving strategic growth targets.”

Source: RevenueBase Database · checked Sep 20, 2026

Showing 22 of 33 lower middle market equity firms based in Munich, Germany

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Lower middle market equity firms based in Munich, Germany at a glance

As of Sep 20, 2026
43.2%Verified-email coverage
32.1Average contacts per company
1-10Median size (employees)
106.1%Largest-city concentration · Munchen
Sep 20, 2026Page data refreshed

Companies by employee count

1-10
18
11-50
11
51-200
2
201-500
1
10001+
1

Email recency for this list is measured across the whole Germany list rather than for Munich, so it is reported there. Company counts and contact totals on this page are exact for Munich, over 33 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among lower middle market equity firms, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in Munich, Germany whose own description of what they do matches “lower middle market equity firms”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names lower middle market equity firms), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among lower middle market equity firms, and records with no verified work email. Companies headquartered outside Munich are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 458 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 20, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Lower middle market equity firms by metro in Germany

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names lower middle market equity firms, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many lower middle market equity firms are there based in Munich, Germany?

RevenueBase identified 33 lower middle market equity firms headquartered in Munich, Germany as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Mutares SE & Co. Kgaa, headquartered in Munich, tops this list with the largest team on record.

Which city has the most lower middle market equity firms?

Munchen leads with 35 headquartered companies, followed by Munich (33) and Berlin (26).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 458 verified decision-maker contacts tracked across these 33 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 20, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.