Munich — “For years, the award ceremony ‘Bavaria’s Best 50’ has also been a proof of BayBG’s performance,” says Peter Pauli, spokesman of BayBG’s management, about the awarding of Bavaria’s fastest-growing medium-sized companies. Once again, three current portfolio companies of BayBG were awarded: Medical technology specialist MMM, mountain bike manufacturer YT Industries and the Ziegler Group (wood industry).
Another five award-winning companies, including for example the Nuremberg IT company noris network or the Lower Franconian IFSYS GmbH, were accompanied on their growth path over a longer period of time with investment capital from BayBG.
Peter Pauli: “Particularly in phases of strong growth, equity capital is an important building block that gives SMEs room to maneuver and additional financing potential. A study by PricewaterhouseCoopers illustrates the outstanding importance that SMEs attach to equity capital. According to this study, 63 percent of family entrepreneurs say that equity-financed companies grow at an above-average rate.”
Bavaria’s Best 50′ is awarded to medium-sized companies that have been able to increase their workforce and sales the most in recent years.
About BayBG
With an invested volume of more than 300 million euros, BayBG Bayerische Beteiligungsgesellschaft mbH is one of the largest venture capital and investment capital providers for start-ups and medium-sized companies. With its venture capital and equity investments, BayBG facilitates the implementation of innovation and growth projects, the regulation of corporate succession, restructurings, or the optimization of the capital structure.