RESOLVING DIFFICULT SITUATIONS CALLS FOR THE RIGHT EXPERIENCE. AND THE NECESSARY CAPITAL.
CMP Capital Management-Partners (CMP) advises investment companies that invest in businesses facing special situations or undergoing a turnaround. As active investors they have an entrepreneurial and operational mindset. The focus is on companies with a healthy core business that are grappling with necessary change.
These companies are supported with equity and operational expertise. The funds advised by CMP have a combined capital of EUR 440 million.
PROVEN TRANSACTION RECORD WITH MID-SIZED COMPANIES
Since CMP was founded in 2000 in Berlin, the funds we advise have acquired and developed more than 20 mid-sized companies in Germany, Austria, and Switzerland. Collectively, our team has more than 100 years of experience in the acquisition, management, transformation, and development of a diverse range of companies.
WE ARE LOOKING FOR COMPANIES WITH A HEALTHY CORE BUSINESS AND POTENTIAL FOR GROWTH THAT FIND THEMSELVES IN A CHALLENGING SITUATION.
POSSIBLE INVESTMENT SCENARIOS
When companies are in turnaround or facing special situations, we provide crucial input to help stabilize the business. These difficulties can arise due to operational and/or balance sheet issues, a lack of succession planning, carve-outs leading to operational problems, or changes in market conditions. We also provide solutions for companies in insolvency.
All portfolio companies share the following characteristics:
- A healthy core business that is fundamentally competitive
- Active in the manufacturing, service, and/or retail sector
- Based in Germany, Austria, or Switzerland
- Revenues of between EUR 30 million and EUR 500 million
WE BELIEVE IN TRUST AND RELIABILITY AS THE FOUNDATION FOR A SUCCESSFUL PARTNERSHIP.
Our investment philosophy involves thinking and acting like entrepreneurs. Our goal with each company is to first stabilize and then grow the business. Not only do we invest the necessary equity, we can also provide long-term, hands-on operational support for the existing management team to assist with structural change.
THE VALUES THAT MATTER TO US
A FAIR, RELIABLE, AND HONEST PARTNER
Fairness, reliability, and honesty are essential values that guide our day-to-day actions. With our many years of experience and strong capital base, we bring maximum security to each of our partnerships. As soon as our advised funds acquire a company, they immediately provide a solid and sustainable financial foundation. Together with the respective management team, we then develop viable concepts for the future of the business.
Earning the trust of the workforce and unions is one of our highest priorities and something we’ve been singularly successful at. We always strive for good relations with the employee representatives in each of our portfolio companies. To make effective cooperation possible, we provide the necessary transparency into future restructuring measures. After all, every employee has a role to play in the successful restructuring, stabilization, and future growth of the business.
ONE-STOP SHOP
In order to restore the long-term competitiveness of a portfolio company and achieve strong earnings growth, we establish clear responsibilities and provide expert support at every stage of the investment. A dedicated team of CMP staff delivers active support throughout the holding period.
ENTREPRENEURIAL, ACTIVE, ON-SITE
Financial difficulties are never fully resolved by simply injecting more capital. To restore lasting competitiveness, equity must be accompanied by an in-depth understanding of the necessary change processes and proactive operational input. When taking the required corrective action, the funds we advise not only provide the capital needed, they are also happy to give hands-on support to the management team. From stabilization through development to returning to growth, we support our partners with management expertise every step of the way.
SUSTAINABLE CORPORATE RESTRUCTURING
Our goal is to facilitate the sustained development of each portfolio company. That goal is only reached when the company regains its original competitive edge, becomes an attractive employer, and achieves sustained and profitable growth.
Due diligence is conducted by ourselfs. We offer a high transaction security.
PRE-DUE DILIGENCE
Identifiying potential
After establishing contact, we check whether the relevant investment criteria are met. We then analyze the potential and develop a more detailed understanding of the company, its products, and its markets. Using this information, we create an initial outline of our restructuring concept. The results of our analysis are then summarized in the form of a business plan. If the parties agree on the framework for a possible transaction, the details are documented in a Letter of Intent.
DUE DILIGENCE
Developing a business concept
CMP staff carries out commercial and financial due diligence themselves—ideally on-site. We also have prominent industry experts from within our network assess various legal, tax, and operational aspects. Based on these findings, we develop a package of measures, which is turned into a tailored business concept. After drafting, negotiating, and agreeing on the transaction, we complete the acquisition or investment.
POST-ACQUISITION
Implementing action
If necessary, CMP can assign its own staff to the advisory board, senior management team, and/or project office. The project office is where all corrective measures and growth initiatives are brought together before being implemented in partnership with the management team.
SALE
Finding a responsible owner
The funds we advise are temporary partners. Typically, our preferred holding period is between five and seven years. For CMP, the process of selling a portfolio company is all about working together to find a responsible long-term owner.