Addi­tional tail­wind for the Thuringian econ­omy: The Mit­tel­stands-Fonds Thürin­gen II (MFT II) sup­ports estab­lished, medium-sized Thuringian com­pa­nies in strength­en­ing their equity base for fur­ther com­pany growth or in open­ing up new mar­kets. The fund is also avail­able for suc­ces­sion plan­ning, for exam­ple as part of a man­age­ment buy-out (MBO), man­age­ment buy-in (MBI) or for spin-off­s/­carve-outs. The fund is aimed at prof­itable, fast-grow­ing and inno­v­a­tive com­pa­nies that are at least five years old and have a min­i­mum turnover of two mil­lion euros. 

“With the new Mit­tel­stands-Fonds, we want to sup­port the Thuringian econ­omy in financ­ing urgently needed growth and mod­ern­iza­tion invest­ments,” says Colette Boos-John, Thuringian Min­is­ter for Eco­nomic Affairs, Agri­cul­ture and Rural Areas. A strength­ened Equity makes it eas­ier to access loans and there­fore to finance invest­ments. “That’s why we as a state gov­ern­ment have launched the MFT II. I am delighted that we can now start imple­ment­ing it.”

The Mit­tel­stands-Fonds Thürin­gen II will be man­aged by bm‑t beteili­gungs­man­age­ment thürin­gen gmbh (bm|t). “The fund for late-stage financ­ing will ini­tially have a vol­ume of 20 mil­lion euros and com­ple­ments our exist­ing range of funds,” sum­ma­rizes Katja Butz­mann, act­ing man­ag­ing direc­tor of bm|t. MFT II can invest as equity cap­i­tal or enter into silent part­ner­ships of up to five mil­lion euros per tar­get com­pany and has an invest­ment hori­zon of five to ten years. 

All infor­ma­tion on the new fund can be found here: https://www.bm‑t.de/mft-ii/

Back­ground:

bm|t is one of the top addresses for invest­ments in Thuringia. The funds man­aged by bm|t invest cap­i­tal from insti­tu­tional investors and the pub­lic sec­tor in start-up teams and com­pa­nies in the Free State of Thuringia. bm|t was founded in 2003 as a uni­ver­sal invest­ment com­pany for Thuringia and, as a sub­sidiary of Thüringer Auf­baubank, has since placed 13 invest­ment funds with a vol­ume of around 0.5 bil­lion euros and raised an addi­tional 1.3 bil­lion euros for invest­ments in the Free State, thereby invest­ing in 209 promis­ing companies. 

With the Mit­tel­stands-Fonds Thürin­gen II, the state is expand­ing its invest­ment port­fo­lio for the Thuringian econ­omy. bm|t cur­rently man­ages a total of 12 invest­ment funds on behalf of the Free State of Thuringia. Of these, four funds with a total of around 55 mil­lion euros in avail­able liq­uid­ity (as of Decem­ber 31, 2024) are still active: Thüringer Startup Fonds II (TSF II), Wach­s­tums­beteili­gungs­fonds II (WBF II), Thüringer Zukun­fts­fonds III (TZF III) and Thüringer Indus­triebeteili­gungs-GmbH & Co. KG (TIB).