Stemas

About The Fund

Stemas is a private equity firm based in Munich, Germany, with a focus on investing in medium-sized industrial companies. They specialize in a variety of sectors including electronics/electrical engineering, machine and plant construction, and fire protection services. Their investment strategy targets companies in need of succession solutions, those that require restructuring, or are spin-offs from larger corporations. They aim to maintain the independent ongoing operations of their investments without pursuing exit strategies. Stemas orchestrates tailor-made continuation concepts for each invested company by closely collaborating with the existing management teams to develop long-term strategies and successes. Their investment criteria emphasize a majority stake acquisition, typically acquiring at least a 51% share and ideally over 75%. They focus on specialized companies within their targeted industries with an aim to foster sustainable value growth. The long-term holding period signifies their commitment to strategic development rather than short-term profit realization. The firm targets companies with annual revenues ranging from 10 to 30 million EUR, which are often too large for management buy-ins and too small for typical private-equity funds. Within the electronics manufacturing service (EMS) sector, Stemas companies are engaged in the development, production, testing, and assembly of electronic components and systems. Their electrical drive systems enterprises focus on the development, manufacture, and distribution of stepper motors, power stages, small motors, electronic controls, and gears. Additionally, they are involved in the custom design, development, construction, manufacturing, testing, and assembly of transformers and inductive components. Stemas also invests in companies involved in machine and equipment construction, offering development, construction, prototype, series and special production, commissioning, after-sales services, project management, and international sales of machinery, equipment, and small parts. Their portfolio companies benefit from being part of a strong association while retaining independent market presence and leveraging synergies for optimized efficiency and sustained success.