What we’re building — and what we’re thinking about.
We are looking for ambitious people ready to take on responsibility as managing director of one of our portfolio companies: no start-up risk, but a stable, profitable business with real room to grow — and the freedom to make it happen.
Read more →Dun & Bradstreet Europe just published their 2025 report on SME succession in Switzerland, one of our target markets. The data shows that almost 14% of companies in our size bracket (10–49 employees) are currently looking for a succession solution. They also note that over 90,000 companies will need new management or ownership within the next five years, affecting more than 500,000 jobs at the heart of the Swiss economy.
This is an exciting opportunity for talented mid-career leaders to step into the CEO role of well-established, profitable, cash-generative businesses that have plenty of runway left. Reach out to us if you can see yourself taking the reins of such a business and igniting its next round of growth — not only in Switzerland, but also in Germany or Austria.
We have just reviewed the latest Dealsuite M&A Monitor for the DACH region (H1 2025). The findings validate our target valuation range of 4–6x EBITDA and confirm that we continue to see attractive opportunities within the SME segment.
The report also illustrates that certain sectors are currently trading at significantly higher multiples — levels that, in our view, will only be sustainable if supported by accelerated growth trajectories and, most importantly within our investment logic, strong cash-flow conversion.
In addition, the study underlines the value of scale-driven multiple expansion, reinforcing our thesis that growing smaller companies is rewarded not only through higher earnings but also through a disproportionately larger uplift in valuations.
We are thrilled to welcome Volker Hichert as Chairman of the Advisory Board and Senior Advisor to Cornus Holding.
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