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Cipio Partners S.à r.l. European Growth Capital and
Minority Buyouts for Technology Companies

Founded in 2003, Cipio Partners has been backing European growth stage technology companies for over 16 years. We are providing growth capital and minority buyout solutions to companies that have outgrown the venture stage and need a strong partner to bridge them to a successful exit. We do not only provide new capital but also strong experience in structuring complex transactions including liquidity for passive shareholders and support in creating exit opportunities to financial and strategic buyers or public listings.

We are an independent and partner-owned firm with decades of investment and operational experience in the global technology industry. We operate as one team, work closely with entrepreneurs and can take decisions quickly.

European Growth Capital and Minority Buyouts for Technology Companies

Typical sectors we are interested in are software, technology enabled B2B products & services, components and consumer internet. Companies will have proven their product and business model in the market, have over €10 million in current annualized revenues and be growing fast. Our companies will generally have a European base and global ambitions.


Founded in: 2003


Team: 18


Current Fund: €174 million


Trade Sales: 50+


Countries invested in: 15


IPOs: 4


Cipio was a very good partner who helped us to clean up our equity shareholder structure as well as realign our debt financials to allow Whisbi to grow even stronger internationally.

Alex Bisbe
CEO of Whisbi

Cipio backed our buy-and-build strategy, adding new exciting brands to the Vitafy family, but also rolled up their sleeves helping us build our management team to integrate these brands into a coherent offering.

Georg Bader
CEO of Vitafy

Cipio Partners has become an investor of MyOptique Group when our founder and former Chairman was looking for liquidity for his shares. Since then, Cipio has been a strong supporter of the company in subsequent funding rounds. Cipio has been an active participant on the board and a useful guide in our rapid growth and international expansion.

Kevin Cornil
Former CEO of MyOptique Group

During my time as CEO of Ipanema I worked very closely with the Cipio team culminating in a successful trade exit. I received fantastic support, guidance, ideas, introductions and assistance from Cipio. They are a great example of a proactive, caring and realistic investor and I consistently felt supported in a positive fashion.

Graham O'Keeffe
Executive Chairman of DisplayLink

Cipio Partners is an engaged investor with a global outlook, deep understanding of technology industries and strong strategic thinking. Cipio has given softgarden time and valuable guidance driving us towards success.

Dominik Faber
Former CEO of softgarden e-recruiting

Cipio supported the Definiens team with outstanding advice, insight and guidance, based on the unrivaled wealth of strategic and operational experience of its partners and the whole team…

Thomas Heydler
Former CEO of Definiens

Cipio Partners has been a supportive, actively engaged investor and an excellent resource for Verimatrix. The team’s experience with European markets and the Digital Media industry has been invaluable as we’ve grown our business.

Tom Munro
Former CEO of Verimatrix

Cipio has shown an astute sense of timing when they invested just as our business reached an inflection point and changed from being a strong image supplier for other marketplaces into a marketplace in its own right, connecting our over 20 million creators directly with the leading visual brands globally.

Florian Meissner
CEO of EyeEm

Cipio has proven to be a reliable financial backer and an entrepreneurial partner over many years, as they helped us carve-out our OLEA product-line from a previous company, create Silicon Mobility and build it into a leading provider of control solutions for the automotive electrification.

Bruno Paucard
COO and Co-Founder of Silicon Mobility

Cipio Partners bought out one of our early investors and further invested in Openet to help accelerate our positioning as leading provider of 5G core network software for tier-one carriers.  Cipio used its network to strengthen the company’s board and has demonstrated positive support and long-term vision working closely with management to continue our success story in a fast-changing telecommunication market.

Niall Norten
CEO of Openet
Juni, 2021

Cipio Partners sells EyeEm to New Value AG

Munich/Luxembourg – May 28, 2021 – All EyeEm Group shareholders including Cipio Partners sign agreement to sell the global premium stock photography marketplace to New Value AG (SIX Swiss Exchange: NEWN).
Mai, 2021

Cipio Partners announces Alexander Brand as Managing Partner

Munich/Luxembourg – May 17, 2021 – Cipio Partners announces that Alexander Brand has been named Managing Partner.
April, 2021

Job Opening at Cipio Partners, Munich Office

Wir suchen einen Finance Manager (m/w/d) in Vollzeit zur Verstärkung unseres Teams in München.
April, 2021

Job Opening at Cipio Partners, Luxembourg Office

Wir suchen einen Finance Manager (m/w/d) in Vollzeit zur Verstärkung unseres Teams in Luxembourg.
April, 2021

Cipio Partners invests in La Ruche Qui Dit Oui!

Cipio Partners invests in « La Ruche Qui Dit Oui ! » the iconic leader of the farm-to-the-table movement in Europe. Launched in 2010, « La Ruche Qui Dit Oui ! » is an innovative online food marketplace ...
März, 2021

European Growth PE is a booming segment in Europe’s private equity market. With scale comes specialization and the emergence of different investment strategies.

European Growth PE is maturing and a segmentation has emerged: European Growth PE exists at the intersection of venture capital and traditional private equity...
Januar, 2021

Cipio Partners appoints Dr. Ansgar Kirchheim to its Investment Team and promotes David Kreppel and Dennis Koerner

Munich/Luxembourg – January 11, 2021 – Cipio Partners announces that Dr. Ansgar Kirchheim, a former Partner of High-Tech Gründerfonds, has joined the firm’s investment team...
November, 2020

The pandemic has made technology the new safe haven for investment. Growth Equity is booming and within it secondary transactions may become more prevalent.

These were some conclusions when, in September 2020, we were privileged to spend 1.5 days off-site and in person with many of our limited partners...