A strong partner
for the Mittelstand

For decades, BayBG has stood for reliable equity financing in Bavaria’s medium-sized companies (the so-called “Mittelstand”). With an investment volume of around €395 million, we are one of the largest equity investors in Bavaria and support companies on their path to the future..

Our focus is on sustainable growth and long-term partnership. As an evergreen investor, we invest without exit pressure, think entrepreneurially and act with a clear objective: to secure the long-term success of our portfolio companies.

Whether growth financing, succession planning, capital structure optimization or special corporate situations – we offer flexible, tailored equity solutions precisely aligned with the needs and goals of each company. We rely on deep entrepreneurial understanding, decades of experience and a strong network of industry leaders, banks, investors and public institutions.

What sets us apart: we don’t work with templates. Every company is different – and that is exactly how we structure our investments. We stand reliably by our partners’ side, working at eye level, with foresight and a strong commitment to trust and integrity.

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Our investments
and equity holdings

€380 million

Investment volume

€50 million

Annual new investments

€11 billion

Revenue of portfolio companies

Strong reasons
to choose BayBG

We provide tailored, Mittelstand-friendly equity solutions. Our portfolio companies benefit not only from capital, but also from our extensive expertise and support.

  • Comprehensive equity solutions – delivered by experienced specialists

  • Broad network – long-standing cooperation with banks and financial partners

  • Support in all strategic and entrepreneurial topics

  • No exit or profit-maximizing pressure

  • 50 years of accumulated expertise

  • Long-term, stable and reliable financing

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Entrepreneurial

We strive for success and sustainable growth — for our portfolio companies as well as for ourselves. We act like entrepreneurs and think long-term; short-term gains are not our priority.

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Competent

We have been active in the Mittelstand investment business for more than 50 years and understand the opportunities and risks of corporate development. In addition to technical expertise and industry know-how, we contribute our experience, our instinct for entrepreneurial situations and a pragmatic, hands-on approach.

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Collaborative

We stand for fair business practices and fair working conditions. We demonstrate integrity in how we treat one another — with respect, openness and appreciation. We honor our agreements and act transparently and consistently in our processes.

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Reliable

We have earned our reputation as a reliable partner over decades. We are consistent and dependable in what we say, and we engage with others at eye level. We stand firmly by the side of our portfolio companies — even in challenging times. In critical situations, we act constructively and with a clear focus on solutions.

Our Milestones

Milestones of a Strong Partner

Founding Phase

and Early Years

1969

Foundation of Bayerische Beteiligungsgesellschaft mbH (BayBG) as a state-owned investment company to strengthen Bavaria’s economy.

1972

First investments in small and medium-sized enterprises (SMEs) in Bavaria, with a focus on growth financing and corporate succession.

1980s

Expansion of the investment portfolio and establishment as an important partner for the Mittelstand.

Expansion and

Diversification

1990s

Introduction of new financing instruments and industry focuses, including an emphasis on technology companies.

2000s

Increased focus on venture capital and the support of innovative start-ups.

2010

Renaming to BayBG Bayerische Beteiligungsgesellschaft.

Current Developments

and Strategic Direction

2015

Launch of initiatives to promote sustainability and social impact investing.

2020

Strengthening of activities in digital transformation and supporting companies in meeting the challenges of digitalization.

Today

BayBG is one of the largest investment companies in Bavaria and continues to invest in innovative and fast-growing companies across various industries — with a focus on long-term partnerships and strengthening Bavaria as a business location.

Shaping the future:
Your career at BayBG

We believe in long-term partnerships – not only with companies, but also with our employees. At BayBG, you will work in a dedicated team that supports the Mittelstand, drives innovation and embraces responsibility.


Look forward to flat hierarchies, room for personal development and a working environment that combines trust, stability and the freedom to shape your ideas.

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