In 2019, bm|t´s Investee-Partners raised over 85.5 Mio. EUR of equity and mezzanine capital. This marks the fourth year in a row with over 40 Mio. EUR investment in bm|t´s Investee-Partners. The investments in 2019 were spread broadly across 23 companies, including 10 new bm|t Investee-Partners. Funds managed by bm|t invested 19.5 Mio. EUR, and co-investors invested about 66 Mio. EUR in a total of 30 investment rounds.
„2019, although not quite as active as 2018, was another strong year for bm|t and our Investee-Partners. The investments and co-investors continued to be of excellent quality, and we at bm|t are quite pleased with the results of the past year,“ commented Kevin Reeder, bm|t´s CEO. With 10 new Investee-Partners and three sucessful exits in 2019, bm|t now has 59 Investee-Partners across its eight funds.
„With the fourth consequtive year of strong investment activity, it is clear that bm|t and the entire investment ecosystem in Thüringen have made great strides over the last years. Thüringen has been discovered by more private and institutional investors as an attractive location for investment. We at bm|t are proud to play our part in this excellent development and to be fulfilling our mission of strengthening Thüringen´s economy through targeted investments in innovative growth companies,“ concluded Mr. Reeder.
Erfurt-based, bm‑t beteiligungsmanagement Thüringen (bm|t) – a subsidiary of the Thüringen Development Bank, is the first address for investments in Thüringen, Germany. bm‑t currently manages eight investment funds with a total volume of 320M EUR. bm‑t invests in innovative companies with strong growth potential across all sectors and all phases of the corporate lifecycle.