Positive start into 2023; further significant growth planned
Odewald KMU is able to continue the positive momentum from 2022 and records a positive start to the first quarter of 2023. For the full year, all portfolio companies are again planning significant revenue and earnings growth and will thus contribute to a significant increase in the value of the overall portfolio.
In addition to the further development of the existing investment portfolio, 2023 will also be characterized by further transactions.
On the one hand, our activities will focus on add-on transactions for existing portfolio companies. This applies in particular to our portfolio companies ctrl QS, which advises and supports international corporations and brands in their digital transformation, and Education partners, one of the leading providers of vocational training in Germany. Both companies have already shown excellent development in their first full year in our portfolio.
On the other hand, following the successful divestments of ARTUS and Heizkurier in 2022, our goal is to invest in at least two new platform transactions in 2023, laying the foundation for the Odewald KMU III Fund and thus the long-term continuation of Odewald KMU's successful investment strategy. In doing so, we continue to focus on our target sectors of IT/software, intelligent service solutions, healthcare and German engineering and invest in majority stakes in innovative market-leading SMEs with clear growth prospects and entrepreneurial management.