On May 8, 2024, private equity firm Mutares SE & Co. KGaA announced the successful divestiture of its portfolio company iinovis Group to Accursia Capital. iinovis Group, an automotive and industrial engineering service provider based in Munich, Germany, reported revenues of approximately EUR 33 million in the previous year and boasts a workforce of over 350 employees across four locations. This marks the second exit for Mutares in the year 2024, signifying a strategic move to optimize its investment portfolio. The sale to Accursia Capital, a firm with vested interests in the growth of medium-sized companies, aligns with iinovis Group’s market position and sector focus, paving the way for future expansion and development within the industry.

Private Equity, Automotive and Industrial Engineering Services,Germany

Second exit in 2024: Mutares has successfully sold iinovis Group to Accursia Capital