Munich, 17 January 2011. In December and January, mic AG – the Munich-based venture capital firm – was able to gain a new strategic shareholder, with Süddeutsche Aktienbank AG [SAB AG] acting as lead manager for the transaction. Mic AG expects long-term synergy benefits to result from the relationship, not least due to the investor’s extensive capital market experience.
In the future, mic AG’s existing exit options will be expanded to include newly designed financial structures in the form of investment packages for family offices and affluent business angels, respectively. In addition to the possibility of a direct company acquisition by financial and strategic investors, it will now become attractive for a wider range of investors to buy early-stage investments in highly innovative companies such as those in mic AG’s portfolio. This easier access to start-up financing will further boost the core business of mic AG.