Fidelium is an experienced partner for companies seeking a long-term operational investor. Whatever the challenge, our approach is always responsible, pragmatic, and dependable. We also benefit from short decision-making paths and a culture of open communication.
We specialize in majority holdings in:
Companies with potential for operational improvement
Our core business involves companies that are profitable but offer room for improvement through targeted operational measures. We aim to work with management to address the various challenges and help the organization to achieve a new and sustained level of competitiveness.
Carve-outs from larger groups or corporations
Fidelium has many years of experience with corporate carve-outs, helping business units to become successful independent companies. We have a wealth of insight into the challenges and complexities of this type of investment. Our proven strategy is to focus on non-core assets and provide them with both capital investment and active hands-on support.
We invest in special situations, such as succession scenarios, management buy-outs/buy-ins, and turnarounds. Our goal in each case is to implement the long-term changes required to secure future viability. We also seek to act in a fair and proportionate manner toward all parties.
Operational engagement is the strongest form of commitment.
Fidelium is an operational investor. Unlike most financial investors, we look for companies that are currently facing significant operational challenges. Growth and stable cash flows are our goal, but rarely in place already. Our objective is to improve the business and secure its long-term growth.
To achieve this, we work closely with the management teams, providing active operational support. Rather than periodic monitoring or occasional appearances on an advisory board, we draw on our long experience to provide hands-on assistance with specific issues. We also act as a sounding board for new ideas on strategy and business development. We offer particular expertise in the areas of sales and financing, efficiency enhancement, and the implementation of buy-and-build strategies. Our role also often involves providing active support for the carve-out of business units and their subsequent transformation into independent SMEs.
Long-term capital offers companies the best prospects.
Fidelium manages a major equity fund backed by a number of German business families. Long-term assets totaling EUR 103 million are available for acquisitions, follow-on investments, and add-ons. The Fidelium team members also invest significant amounts of their own money.
This enables us to finance transactions without bank borrowing. As a result, our portfolio companies are not loaded up with additional debt. This is particularly important in challenging situations, where speed, flexibility, and transaction reliability are vital.
The Fidelium Group is based entirely in Germany and registered with the German Federal Financial Supervisory Authority (BaFin) as an external capital management company in accordance with Section 44(1) of the Capital Investment Code (KAGB).
Dr. Daniel Ebert
Dr. Daniel Ebert is an Operating Partner at Fidelium. He has over 15 years of experience in company turnarounds.
He has been involved in the reorganization and operational optimisation of companies since 2001.
More recently, he was Associate Operating Partner at the private equity company Aurelius for approximately 6 years, where he was responsible for numerous operational improvement and growth projects in executive and advisory roles for domestic and foreign investments. He started his career with Droege & Comp. He joined Fidelium Partners in 2018.
Daniel helds a phd and a master of business administration from Catholic University of Eichstaett/Ingolstadt.
Friedrich Erfurth has been an Operating Partner at Fidelium and is part of the team since 2022. He has more than 20 years of experience in the operational and strategic development of portfolio companies, especially for private equity companies.
Friedrich has many years of experience in the top management of manufacturing companies and has established himself as an expert for special, change, crisis and turnaround situations in medium-sized companies and corporate units.
He has gained his industrial experience primarily in the automotive, metal processing, food/FMCG, printing, aviation, wood-processing industry/trade sectors.
Friedrich is a businessman and has a high level of expertise in the areas of production, business administration, finance, sales as well as personnel law.
Marina Falkhofen is Manager Recruiting and has been part of the Fidelium team since 2021. She has more than 4 years of professional experience in the fields of HR, Sales and Marketing.
Before joining Fidelium, Marina was a Senior Recruitment Consultant in a Recruitment consultancy and supported clients from various industries with the staffing of experts and executives as well as the optimization of the recruiting process.
Prior to that, Marina gained experience in the Private Banking and consumer goods environment.
Marina studied Business in Hamburg, Rome and Hawaii and holds a Master from ISM.
Dr. Christian Furtmüller is Operating Partner at Fidelium and has been part of the Fidelium team since 2022.
Previously, he was Transformation Officer at a portfolio company of private equity investor Advent International, as well as for a publicly listed company in turnaround.
He started his career more than 20 years ago as an engineer, followed by several years in management consulting for the Boston Consulting Group. He then took on a variety of leadership roles in the corporate environment with a focus on business unit management and corporate development. His passion is change management.
Christian holds a PhD in Engineering and completed postgraduate studies in Finance, M&A Law and General Management.
Ulrich Hahn is an Investment Manager and has been part of the Fidelium team since 2020. He has more than 10 years of professional experience in the transaction and investment industry.
Before joining Fidelium, Ulrich was a senior manager in M&A advisory and accompanied transactions in various industries and backgrounds such as insolvency, succession and growth capital.
Ulrich gained investment experience with a private equity firm specializing in challenging situations and with an institutional financial investor in the investment team for infrastructure projects. Prior to that he worked in corporate finance consulting for financial services.
Ulrich holds a Dipl.-oec. degree in economics and studied at the University of Hohenheim/Germany.
Achim Hirz is an Operating Partner and has been part of the Fidelium team since 2020. He has over 12 years of experience in the operative development for PE/VC owned portfolio companies.
From 2008 on he acted as managing director for a number of PE/VC owned companies in “special situations” including carve-outs, structuring, turnaround, realignment, profitability improvement, risk-management and HR development.
Achim has gained substantial industrial experience in the E-Commerce, FMCG, plastics engineering & production, metal engineering & production, pharmaceutical production and retail sectors. He started his career at Philipp Morris GmbH in Munich followed by Oakley Germany & Switzerland as director of finance and business administration.
Achim holds a Master in Business Administration from the Ludwig Maximilian University of Munich.
Rebecca Lerch joined Fidelium in 2020. As a Team Assistant, she supports the team in daily business operations.
She is responsible for the recruiting process, manages the team´s appointments and makes their travel arrangements.
Rebecca is the contact person for all organizational matters, accounting, office management and events.
Prior to joining Fidelium, Rebecca worked as a travel manager for a business travel agency.
Dr. Benjamin Leuchten
Since 2021 Dr. Benjamin Leuchten is General Counsel of Fidelium and responsible for all legal matters. He has several years of experience in advising on national and international M&A transactions.
Before joining Fidelium Benjamin worked over 8 years at the Munich office of the US law firm Milbank LLP where he focused on advising financial investors on complex deals across all industries.
Benjamin has a doctorate degree of law and studied in Passau, Sydney, and Munich.
Uli Lorenz is the first employee of Fidelium, since its foundation in 2017 and has several years of investment experience in companies facing special situations.
Prior to Fidelium, Uli worked for a medium-sized private equity firm, where he was involved in various successful transactions in Western Europe, particularly in the aluminium and automotive industries as well as in electronic component manufacturing and the aerospace industry.
Prior to that, he worked in investment banking and corporate finance advisory in Germany and England. Uli studied Business & Economics in Germany, Ireland and Switzerland.
Senior Investment Associate
Patrick Mierzowski is an Senior Investment Associate at Fidelium and has been part of the investment team since 2018.
Prior to joining Fidelium, Patrick gained relevant practical experience in banking, financial advisory and the automotive industry where he accompanied several due diligence and valuation projects and was active in the field of risk management and controlling of a listed DAX group.
Patrick studied technology and management at the Technical University of Munich.
Philipp Neuner joined Fidelium in 2022 as a Financing Manager and is part of the Investment Team, with a focus on providing financing solutions.
Philipp has close to a decade of experience in the financial services industry, with a strong focus on acquisition and leverage finance, and transaction advisory services.
Prior to Fidelium, he worked for several years in London at a leading independent debt advisory boutique, advising Mid-Market Private Equity Funds.
Philipp has also gained experience in leverage finance from his time in Investment Banking. He started his career in Corporate Finance covering Financial Due Diligence and Valuation.
He is a Chartered Accountant (ACCA), and studied Business Administration in Germany.
Olav Schulte is Operating Partner at Fidelium and has been part of the team since 2021.
Olav looks back on more than 20 years of management experience in manufacturing industries. He has served in a variety of roles and functions in both medium-sized enterprises and international corporations.
In addition to his focus on the automotive industry, Olav’s experience extends to the electronics and electrical engineering industry as well as mechanical engineering. He is particularly focused on operational excellence and business development.
Olav started his career as an R&D engineer at Mahle Behr in Stuttgart and was most recently Senior Vice President and Renesas Electronics Corporation, headquartered in Tokyo, before becoming a freelance consultant. Olav holds a degree in Feinwerktechnik (precision engineering) and Technische Informatik (technical computer science) and studied in Stuttgart and Esslingen.
Chief Transformation Officer
Hyo-Sup Steinbauer is Chief Transformation Officer and has been part of the Fidelium team since 2022. He has more than 20 years of professional experience in automotive and turnaround management.
Prior to joining Fidelium, Hyo-Sup held different roles as CRO/CEO and COO in various industry sectors and managed automotive T1, T2 companies with particular challenging situations.
Hyo-Sup gained operational turnaround management experience in automotive supplier groups as well as in private equity portfolio companies.
Hyo-Sup holds a degree in Engineering and an MBA in International Business.
Connor Vennekens is an Investment Associate at Fidelium and has been part of the investment team since 2019.
Prior to joining Fidelium, Connor gained experience in corporate finance advisory and M&A tax in London where he accompanied numerous transactions on both the sell-side as well as the buy-side.
Connor studied Economics at University College London and Financial Analysis at London Business School.