22.01.2016
German Startups Group Berlin GmbH & Co. KGaA DE000A1MMEV4
DGAP-News: German Startups Group ends the year 2015 with five new investments and as one of the year's best newcomers to the stock exchange
DGAP-News: German Startups Group Berlin GmbH & Co. KGaA / Key word(s):
Investment
German Startups Group ends the year 2015 with five new investments and as
one of the year's best newcomers to the stock exchange
22.01.2016 / 10:00
The issuer is solely responsible for the content of this announcement.
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+++ Press Release +++
German Startups Group ends the year 2015 with five new investments and as
one of the year's best newcomers to the stock exchange
- Five new minority holdings, predominantly startups in the growth stage
- Very good ranking among German newcomers to the stock exchange when
considering opening and year-end price
- COO Nikolas Samios appointed Managing Director as of 1 January 2016
- Release of business figures for 2015 already planned for February 2016
- Licensing agreement of key holding SoundCloud, major contract for
majority holding Exozet, and anticipated market development allow for
optimistic outlook for 2016
Berlin, 22 January 2016. German Startups Group, the second most active
venture capital investor in Germany since 2012 (CB Insights, 2015), draws a
positive conclusion for the past fiscal year. Through its investment in
five attractive startups, the Berlin VC investor was able to expand its
portfolio to 28 holdings that are of particular significance to the
company. The new holdings are Armedangels, Fiagon, Senic, Service Partner
One, and Tictail. In addition, German Startups Group has expanded its stake
in its portfolio company TVSmiles. German Startups Group will thus further
participate in the entrepreneurial activities of, in their view, some of
the most proficient, experienced, and talented German founders and
entrepreneurs.
Christoph Gerlinger, CEO of German Startups Group, comments, "Each new
holding in itself represents the chance of a substantial increase in the
companies' value. Innovative strength as well as the expertise, experience,
and hard work of the entrepreneurs are a crucial factor. Through our
listing, we provide investors with access to participate in this through a
share in German Startups Group."
German Startups Group shares count among the most successful listings in
2015: Already at the start of trading on the first listing day, 11 November
2015, the shares were able to record an increase in share price of 14% in
comparison to the issuing price of 2.50 euros. According to our own
research, this accounts for the highest return on subscription of any of
the 24 new issuances on the German Stock Exchange in 2015. The shares of
German Startups Group listed in the Entry Standard of the Frankfurt Stock
Exchange ended the year with a share price of 3.25 euros (Xetra closing
price). This constitutes an increase in share price of 30% compared to the
issuing price and thus, according to own research, is the second best
performance of all 19 Germany-based newcomers to the stock exchange. Hauck
& Aufhäuser Privatbankiers KGaA and quirinbank AG accompanied the
transaction as joint bookrunners. Christoph Gerlinger comments, "We are
proud of our successful debut at the stock exchange and the performance of
our shares during the first weeks. The investors seem to appreciate our
business model."
Nikolas Samios, who has been COO and authorised signatory for German
Startups Group for one and a half years and accompanied it with his
consulting firm Cooperativa, was appointed as Managing Director, effective
from 1 January 2016.
German Startups Group will release the business figures for 2015 already at
the beginning of February 2016. "We were able to continue the positive
development of the first half in the second half of 2015, and I am
confident that this will be reflected in the business figures," says
Christoph Gerlinger.
German Startups Group is optimistic about the year 2016. On the one hand,
it is starting the new fiscal year with tail wind gained through its key
holding SoundCloud's long-pursued and very significant licensing agreement
with Universal Music Group, the largest record label worldwide, as well as
through the major contract won by German Startups Group's majority holding
Exozet. On the other hand, the signs regarding the startup scene remain
positive according to the assessment of German Startups Group.
"The German startup scene will develop very dynamically in our opinion -
particularly in Berlin, its unchallenged center. The technologisation and
digitalisation of numerous industries is just beginning, and the market
potential of many young companies is enormous. And it is these disruptive
innovations that German Startups Group benefits from directly. Irrespective
of the economic cycle, fiscal policies, commodity prices, or the capital
market environment, innovation creates company value even during volatile
periods: It is just not that easy for investors to participate directly.
Through our shares we build a bridge between the startup scene and the
capital market so that investors have the chance to partake in the
tirelessly creative activities of German founders and software engineers,"
Christoph Gerlinger summarises.
A summary of German Startups Group's new holdings:
- Armedangels is a social fashion e-commerce company headquartered in
Cologne that focuses on sustainability, fair working conditions, and
environmentally-friendly, non-hazardous material. The company sells its
clothing online and through conventional distribution channels in five
different countries. Armedangels appeals to a strongly growing customer
group that places great value on the aforementioned criteria. Since its
foundation in 2007 as a pure online shop with just a few T-shirt
designs, the company has successfully established itself as a young,
sustainable brand. Armedangels generates substantial turnovers, is
growing strongly, employs over 50 staff, and is winner of the
Wirtschaftswoche Entrepreneur Competition.
- Fiagon is a MedTech startup that develops and manufactures innovative
surgical navigation systems of the latest generation with its patented
"Flexsensor" technology. With its electromagnetic navigation
technology, Fiagon, together with world-renowned doctors, set a new
standard in medical ENT navigation in recent years. This unique
technology is already being used internationally, from the headquarters
in Hennigsdorf near Berlin, beyond European borders as well as the US
and China for oral and maxillofacial surgery, neurosurgery, and spine
surgery. According to their own statements, Fiagon recorded a
preliminary turnover of more than 5 million euros in 2015 and shows
strong and sustained growth.
- Senic is a young Berlin hardware startup active in the Internet of
Things industry that has developed a gesture-based wireless "smart home
controller" for music, lighting, and room temperature with its product
"Numio", which has won the German Design Award among others. Senic has
successfully completed the Y-Combinator programme in the USA, which is
known as a success factory only accessible for the best founders who
have produced some of the biggest startup success stories, such as
Airbnb and Dropbox. The startup has already received pre-orders
amounting to 500,000 USD through a crowdfunding campaign in the US that
was received with enthusiasm. Through Y-Combinator, Andreessen
Horowitz, one of the most successful and well-known US venture capital
funds, and the Start Fund, a joint venture fund of the successful tech
investors Yuri Milner and Ron Conway, are already invested in Senic.
- Service Partner One digitalises the multi-billion market for office
management that, up until now, has been served almost exclusively in an
analogue way. It bundles services, such as cleaning, maintenance,
relocations, and deliveries of e.g. beverages, fruit baskets, or office
equipment on one platform. Office managers and employees can quickly
and effortlessly book the services in one central location via iPad.
The long-term customer retention that Service Partner One enjoys as an
all-in-one service provider offers the opportunity for cross-selling of
additional products and services. Service Partner One has already
rolled out their services to more than 200 offices. The Berlin-based
company currently has more than 50 employees and is strongly expanding
in order to become the leading online platform for office management in
Europe.
- Tictail enables all retailers, even so-called mom-and-pop-stores, to
open a free online shop within minutes and without previous knowledge
of any kind, just by using the Tictail mobile or desktop app. The
storeowners can thereby quickly and effortlessly accept orders online,
alongside their stationery retail store and thus generate additional
turnover. At the same time, Tictail aggregates the offered products of
all retailers on their website and therefore forms a digital shopping
mall of sorts that helps the individual retailer immediately draw
online visitors. Furthermore, storeowners can distribute their products
and services via paid additional features such as Facebook shop
integration. Tictail's goal is, through the mobilisation of the
fragmented retailer scene, to become the most popular e-commerce
platform worldwide. The technological focus lies on an interactive,
user-friendly design that can be intuitively used by storeowners
without any prior knowledge. More than 100,000 retailers from
approximately 140 countries already use Tictail. The Tictail app was
rewarded, already at its launch in 2014, as "best new app" by Apple as
well as Google.
Press materials are available at
http://www.german-startups.com/index.php/press.
Press contact
German Startups Group Berlin GmbH & Co. KGaA
Theo Bonick
Tel +49 174 7984135
Mail [email protected]
Web www.german-startups.com
German Startups Group - We Love Startups!
German Startups Group is a listed investment company based in Berlin that
focuses on young, fast-growing companies, so-called startups. The company
acquires majority and minority shareholdings mainly by providing venture
capital. The portfolio companies that German Startups Group holds also
stand to benefit from German Startups Group's expertise, experience and
network with respect to strategy development, financing rounds,
restructuring necessities, M&A transactions or selling the company,
including a possible IPO. According to its own assessment, German Startups
Group provides startups with so-called "smart money" by acquiring a
shareholding. Its focus is on companies whose products or business models
represent a disruptive innovation, allow for a high degree of scalability
to be expected, and in which it has a great deal of trust in the
entrepreneurial abilities of the founders to whom it feels that it obtains
early access to due to its close relationships to relevant players in the
startup scene. The geographical focus is on the German-speaking region.
Since it commenced with operations in 2012, German Startups Group has in
its opinion built up a diversified portfolio of investments in young
companies and become the second most active venture capital investor in
Germany since 2012 (CB Insights, Germany Venture Capital Overview). 28 of
the 42 minority stake holdings in operationally active companies are of
particular significance to German Startups Group and together comprise 96%
of the total value of all 42 active minority stake holdings. According to
German Startups Group, its investment portfolio reflects a cross-section of
extremely promising German startups of various maturity stages ("Seed,"
"Early" and "Growth Stage," by German Startups Group's own definition) and
includes some of the most successful and best known German startups.
More information is available on our website at www.german-startups.com
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22.01.2016 Dissemination of a Corporate News, transmitted by DGAP - a
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