Sale of TOP-SPORT Group to VR Equitypartner | NORDVISORY
NORDVISORY advised a fund managed by GFEP Family Equity on the sale of the TOP-SPORT Group to VR Equitypartner and NRW.BANK, a sell-side mandate in the German Mittelstand.
Business Succession in the Mittelstand: 2026 Guide
How to prepare your business succession early, which six paths are available, and how taxes and valuation affect your outcome, based on KfW and DIHK data 2025/2026.
Business Valuation Mittelstand: Methods & Multiples 2026
What is my business worth? Realistic EBITDA multiples Q2/2026, step-by-step EBITDA normalisation, five valuation methods compared and the nine most expensive valuation mistakes. Practical guide by Nordvisory Hamburg.
Business Sale Tax 2026: Guide for Owners Aged 55+
Which taxes apply when you sell your company? § 16 (4) EStG, the one-fifth rule, asset vs. share deal and the holding structure, with a worked example and timing roadmap for owners aged 55+.
Selling a German Company: The 4-Phase M&A Process
The German sell-side M&A process for international readers: the four phases from preparation to closing, how long each takes, and what's different in Germany, from notarization to signing versus closing.
Four curated entry points into our topics: each hub gathers the guides for one starting position.
Business Succession in Schleswig-Holstein: 2026 Guide
Schleswig-Holstein has one of Germany's highest business handover rates: 55 per 1,000 companies through 2030. The market, key industries, acquisition financing and the cross-border angle.
Search Funds in Germany: The Untapped Succession Market
Search funds have grown six-fold worldwide since 2018, yet Germany counts only about ten acquisitions so far. Why the Mittelstand succession wave may be the model's biggest untapped market.
Germany's Inheritance Tax Reform 2026 & Mittelstand M&A
Germany's Constitutional Court is reviewing the exemptions that make family business succession nearly tax-free. If they fall, more Mittelstand companies will come to market.
Germany's Silent Closure Wave: Sell Instead of Shut Down
For the first time, more German Mittelstand owners plan to close their companies than to hand them on, many of them profitable. Why 'no successor' rarely means 'no buyer.'
M&A Advisor Hamburg: Selling & Buying Mittelstand Firms
Selling or acquiring a Hamburg Mittelstand company: the market, valuation, the four-phase sale process, buyer types and cross-border considerations, with data from the Hamburg Chamber of Commerce, IfM Bonn and KfW.
Buy-and-Build in the German Mittelstand: Growth Through Strategic Acquisitions
Buy-and-Build is now the dominant consolidation strategy in DACH mid-market. Platform companies, add-ons and multiple arbitrage explained, with real-world examples, deal structures and 15 FAQ.
Exit Readiness: How to Prepare Your Business for Sale
How to make your company exit-ready: seven owner-led steps you can start now, the lead time you actually need, and where an M&A advisor protects the price. With data from the DIHK Succession Report 2025 and KfW.