Investments / Track Record

Built in operations.

Selected examples of operating businesses that were successfully sold in the past. We do not disclose deal sizes.

This list is representative and not comprehensive.

Device9 GmbH

Cookie-less identity, household and cross-device recognition

Technology company. Successfully sold (acquired).

Years
Dec 2013 - Dec 2015
Outcome
Acquired by Flashtalking (2015)
  • Co-invented, funded and scaled a cookie-less identity and tracking platform with global deployment.
  • German privacy standard compliant recognition capabilities with market-leading accuracy.
  • Shortlisted for the I-COM Global Data Venture Challenge (2015).
  • Acquired in 2015; capabilities integrated into Flashtalking's ad management and analytics platform.
Selected press & coverage
Flashtalking acquisition announcement (2015) AdExchanger coverage: Flashtalking acquires Device9 (2015) Adviser release: acquisition of Device9

Adnologies GmbH

Ad-serving, DSP / DCO and programmatic infrastructure

Technology company. Successfully sold (acquired).

Years
Jan 2006 - Dec 2013
Outcome
Acquired by Tradedoubler AB (Jan 2015)
  • Conceived, funded and built a leading German ad serving / retargeting / programmatic solution.
  • Modular platform including SSP, DSP, ad server and data exchange.
  • Supported multiple financing rounds and incentive alignment, including employee participation programs.
  • Acquired by Tradedoubler AB (Sweden) in January 2015.
Selected press & coverage
Tradedoubler acquisition announcement (2015) Cision distribution: Tradedoubler acquires Adnologies

In many cases, discretion is part of what made an outcome possible. For all consolidated press & coverage, see Press.

Current holdings

What we own today.

For current operating subsidiaries, see Holdings. For our marketable-securities approach, see Securities.

Holdings Securities