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FIN A N CE - Deutsche Beteiligungs AG

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Date of the Date of Secondary Previous shareholders Financial sponsor<br />

Buy-out Buy-out<br />

2006 City of Essen Star Capital<br />

2002 2004 Peter Unger KKR (majority), Doughty Hanson<br />

2004 ThyssenKrupp <strong>AG</strong> Granville Baird (majority), 3i<br />

2005 IWKA <strong>AG</strong> Odewald & Compagnie<br />

2003 Babcock Borsig <strong>AG</strong> Capiton<br />

2006 Beiersdorf <strong>AG</strong>, Smith & Nephew plc Montagu<br />

2005 Ott Family <strong>Deutsche</strong> <strong>Beteiligungs</strong> <strong>AG</strong>, Quadriga<br />

2006 MAN <strong>AG</strong> Allianz Capital Partners<br />

2003 Mauser and Gallay Family; West LB One Equity Partners<br />

2003 2005 Moeller Family Doughty Hanson (majority), Advent<br />

2005 Jenoptik <strong>AG</strong> Springwater Capital<br />

2004 Hochtief <strong>AG</strong> Halder<br />

2006 Pfleiderer <strong>AG</strong> Axa Private Equity<br />

<strong>FIN</strong>AN<strong>CE</strong> Studies | Private Equity in Mittelstand Companies<br />

21

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