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Reviving Tech Companies.
Hands-On.

What happens when a strong company hits heavy seas?

Who takes the helm when it matters most?

We take over and change course.

From special situation to a healthy company.

We don't just invest. We take responsibility.

Pivotum Capital is an entrepreneur-led investment company focused on technology companies in special situations. We take over companies with structural or strategic pressure to act and carry the ownership responsibility ourselves — operationally, with clear decisions and at short notice.

0Mio

Revenue across portfolio companies

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Partners

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Locations

München
Hamburg
Berlin

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Exits across the team

This is how it usually starts
We have a unit that no longer belongs to the core business. It is losing money, it depends on our shared services, the employees are meant to transfer with it, and we need a solution within weeks that will hold.

Almost every conversation with us starts like this. That is exactly where we come in.

Discuss your situation

What we take on.

Technology companies in special situations: as a carve-out from a group, or as a holding that has to be repositioned. We look at substance, customers and prospects, not at the last quarterly figure. Where others step out, we step in.

Carve-outs

Units that no longer belong to a group's core and are meant to continue on their own.

Market pressure

The business model is under pressure, revenues are falling, the repositioning is overdue.

Standalone capability

The unit cannot operate on its own, key functions sit with the group, or day-to-day leadership is missing.

Liquidity

Cash is tight, financing is running out, decisions have been postponed.

What we look for

Sector

Technology companies and software-driven business models

Revenue

Above EUR 10 million in annual revenue in the unit being sold

Region

Based in DACH, selected situations across the rest of Europe

Situation

Carve-out, repositioning or succession, loss-making included

Role

Majority stake and operational responsibility from day one

Seller

Corporates, founders and investors parting with a unit

Why Pivotum rather than a fund or a strategic buyer?

A fund decides through committees and has to sell again in a few years. A strategic buyer wants to integrate the unit, not run it on its own. We do neither.

Fast decisions

The partners decide between themselves, with no investment committee. You get a reliable answer before the process starts costing you time.

Our own capital

We invest our own money, and the financing is in place before we talk to you. No financing condition in the final round.

Difficult situations

Losses, no administration of its own, time pressure: what others screen out is our normal case.

Operational takeover

We don't buy and wait. We run the company ourselves, on site and with our own team.

Carve-out expertise

Separating shared services, setting up transitional agreements, transferring employees cleanly: we have done it several times and know where it gets stuck.

Certainty to close

What we sign, we close. And because we have no fund term, nobody has to eye the next sale afterwards.

Entrepreneurs. Operators. Partners.

Four partners who have founded, built, turned around and sold companies themselves. You won't be talking to a fund. You'll be talking to entrepreneurs.

Björn Jopen

Björn Jopen

Partner · München

  • Serial founder with 10+ exits, incl. Fit Analytics (to Snap) and autoplenum (to AutoScout24)
  • Currently backs 36 startups as an investor
  • Focus: building and scaling digital business models
Lennart Mohr

Lennart Mohr

Partner · Hamburg

  • Strategy and transformation, previously Roland Berger
  • Leadership roles at Learnship, Deutsche Glasfaser, eCademy and Aurelius
  • Focus: sales, people and value creation
Laurids Aigner

Laurids Aigner

Partner · Berlin

  • Associate Partner at Roland Berger and AlixPartners
  • Transformations from mid-sized companies to DAX corporations
  • Focus: stabilization and earnings improvement
Dominik Stein

Dominik Stein

Advisor / Capital Partner · München

  • Partner at EQT, previously McKinsey
  • Supports growth and scaling
  • Focus: value growth and organizational build-up

There is a team behind the partners. For every mandate we draw on our own specialists and a network of operators, interim managers and experts we have known for years. Whoever takes on a function has run one before.

Holdings of Pivotum Capital and its partners.

A selection of companies Pivotum Capital and its partners hold or have held.

Pivotum Capital
Pivotum Capital
Pivotum Capital

Our playbook.

Immediate steps3/5

Stabilization We create transparency over figures and structures, secure liquidity and restore the company's ability to act quickly.

Strategic focus We analyse market position and business model and align the company consistently with its real strengths.

We are on site. We work inside the company rather than from a distance, and stay reachable for team, customers and partners.

Lennart Mohr
9:12
Quick update to the team: we have the plan for the coming weeks and will share details today.
Reply

We take over communication. Internally and externally: staff, customers, suppliers and banks know at all times exactly where they stand.

Short decision paths. Where required, we step into operational leadership roles ourselves and clear the blockers out of the way.

Our own experts step in. We take on tasks with our own team instead of leaving them undone or buying them in expensively.

We bring in new talent. We fill key positions actively and run the interviews ourselves, always directly with one of the partners.

We roll out AI. We bring AI into the processes where it noticeably takes the load off: in sales, service and administration.

How the takeover works.

Three steps, clearly paced. From the first confidential conversation to the handover.

01

Meet

A confidential first conversation, directly with a partner.

02

Assess

We take a close look at the numbers, the market and the team.

03

Take over

A clear agreement, a clean transition, immediate support.

Frequently asked questions

Let's talk.

You are responsible for a unit or a holding that needs a solution? Talk to us — confidentially, and at an early stage too.

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Your contact

Björn Jopen

Björn Jopen

Partner

Your first conversation is with a partner directly — no pre-screening by third parties.

Or directly

Address

Grosostr. 27, 82166 Graefelfing, Germany

Confidential

Every enquiry stays confidential. We work without drawing attention until a decision is made.