Wies­ba­den — Mittel­stän­di­sche Betei­li­gungs­ge­sell­schaft Hessen (“MBG H”) can look back on a successful fiscal year 2021. As a central point of cont­act for medium-sized compa­nies in capi­tal-inten­sive inno­va­tion and growth phases, it appro­ved 15 new invest­ments in the past fiscal year (previous year: 13) with a total volume of 5.8 million euros (previous year: 4.7 million euros). Disbur­se­ments in the micro­mez­za­nine area were also increased year-on-year from EUR 516,000 (12 appli­ca­ti­ons in 2020) to EUR 910,000 (16 appli­ca­ti­ons in 2021). At the end of the fiscal year, MBG H had thus inves­ted in a total of 98 Hessian companies.

The past fiscal year was not only a successful year for MBG H, but also a very special one: In Septem­ber, it cele­bra­ted its 50th anni­ver­sary — while Betei­li­gungs-Manage­ment­ge­sell­schaft Hessen mbH (“BMH”), which mana­ges MBG H, cele­bra­ted its 20th anni­ver­sary. As a subsi­diary of Helaba, the SME invest­ment and venture capi­tal company BMH has been bund­ling all public invest­ment inte­rests and finan­cing instru­ments for start-ups and SMEs in Hesse since 2001.

MBG H provi­des mezza­nine capi­tal to small and medium-sized enter­pri­ses in Hesse in the form of silent part­ner­ships over a period of ten years. The invest­ment focus here is on compa­nies that are estab­lished in their market and have inte­res­t­ing inno­va­tion and growth pros­pects. “Even after two years of Corona — or perhaps precis­ely because of it — we see how many crea­tive ideas are emer­ging in our state. How many compa­nies have deve­lo­ped new ideas, have new perspec­ti­ves and are confi­dent about the future,” Jürgen Zabel, Mana­ging Direc­tor of BMH since 2005, is plea­sed to say and adds: “Where we could, we supported these compa­nies, accom­pa­nied them so that toge­ther with us they could survive the crisis as well as possible.”

As a silent part­ner, MBG H has taken on the respon­si­bi­lity of being a relia­ble and strong part­ner even in diffi­cult times: with inten­sive consul­ta­ti­ons, defer­ral of inte­rest and redemp­tion payments to improve liqui­dity or the increase of addi­tio­nal equity capi­tal. In the curr­ently published annual report, MBG H pres­ents three port­fo­lio compa­nies to show by way of exam­ple that in addi­tion to all the facts and figu­res, the people with their ideas and visi­ons, with their plans and their drive are never lost sight of:

3spin to extin­gu­ish virtual fires

The young company 3spin helps — not only — to extin­gu­ish virtual fires by provi­ding programs in augmen­ted reality with which compa­nies can train their employees using the lear­ning plat­form. In addi­tion, 3spin enables other compa­nies to easily imple­ment AR programs themselves.

Truck light­ing from PROPLAST

PROPLAST GmbH specia­li­zes in the light­ing of commer­cial vehic­les. On the one hand, these can be stan­dard head­lights, but on the other hand, the most crea­tive truckers also rely on the exper­tise of the Hessi­ans to put their vehic­les in the best light.

All-round care through Curmundo

Finally, Curmundo GmbH offers services rela­ted to nursing care. And is parti­cu­larly successful at it — not least because the care service works with a flat hier­ar­chy and many digi­tal opti­ons, without losing sight of the patients.

“These are three compa­nies that could hardly be more diffe­rent — and which have deve­lo­ped well in recent years despite all the crises,” knows Dr. Stef­fen Huth, Mana­ging Direc­tor of BM H since 2021, and adds: “We at MBG H are very plea­sed that we can conti­nue to support the compa­nies in going their way. We provide funding so that the compa­nies can realize their visi­ons for the future, so that they can finance ideas and inno­va­tions, buy equip­ment and goods, pay new employees.”

In this context, MBG H supports company take­overs as well as start-ups in the long term — without ambi­ti­ons for a quick exit and short-term profits.

About BMH

Betei­li­gungs-Manage­ment­ge­sell­schaft Hessen mbH (“BMH”), head­quar­te­red in Wies­ba­den, was foun­ded in 2001 and is a wholly owned subsi­diary of Landes­bank Hessen-Thürin­gen Giro­zen­trale (Helaba). Through Wirt­schafts- und Infra­struk­tur­bank Hessen (WIBank), BMH Hessen is actively invol­ved in the econo­mic deve­lo­p­ment acti­vi­ties of the State of Hesse. As a medium-sized invest­ment and venture capi­tal company, BMH bund­les public invest­ment inte­rests and finan­cing instru­ments for early-stage, growth and medium-sized compa­nies in Hesse. BMH curr­ently mana­ges seven invest­ment funds with an inves­ted invest­ment volume of around 125 million euros. Since its foun­da­tion, BMH has inves­ted over 250 million euros in a total of more than 500 compa­nies. The main areas of invest­ment include the soft­ware & IT, life scien­ces, mecha­ni­cal and plant engi­nee­ring, indus­trial goods, profes­sio­nal services and e‑commerce sectors. More infor­ma­tion about BMH and its funds: www.bmh-hessen.de