Reinhard Festag

Develops software for information support and solutions

Square Four is an active, long-term manager which invests in insolvent or distressed small and medium-sized German companies primarily in the automotive suppliers, machinery and industrial services, trade and consumer (retail and consumer goods) and software, communications and IT sectors. The firm invests their own capital in a limited number of deals each year, seeking to invest in companies with sales of EUR 15-250 million and takes majority and minority positions in their investee companies.

FCP is an active investment manager focused on medium-sized companies with high-growth potential. The firm also invests in special situations such as turnaround of distressed companies towards sustainable growth. They consider investments in Germany, Switzerland and Austria, and favor investing in their regional proximity. FCP invests across industries with a preference for the industrial, commercial and services sectors. The firm has specific expertise in the Enterprise Resource Planning sector, in particular Internet-compatible business software. They have also invested in industrial production lines and management systems. They invest EUR 5 million and above per deal and target companies with EUR 15 to 150 million in turnover, facing succession issues or shareholder restructuring, poised for a buyout (either MBO or MBI), in need of growth financing, spun off by a large corporation, or preparing an IPO. They generally acquire majority stakes, sometimes significant minority interests. The firm's partners take key roles in portfolio company management. Their turnaround strategy for underperforming companies includes repositioning, product portfolio optimization, financial restructuring, reporting improvement, and operations and sales reorganization.

Manufactures additives for hardware, materials, software and related services