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A solution for small and medium-sized enterprises? How the succession dilemma in Germany can be solved.

A solution for small and medium-sized enterprises? How the succession dilemma in Germany can be solved.

Familiar with the topic of search funds, which is new in Germany: Sebastian Herfurth (Generation Tech Partners), Kai Hesselmann (Dealcircle) and Benedikt von Hatzfeldt (Tembo Search Partners), from left to right.
(Generation Tech Partners, Dealcircle, Tembo Search Partners

On the cover of the magazine "Time for Entrepreneurs." In various LinkedIn posts. In the chit-chat at every startup business event this semester. Everywhere the same topic: Young, entrepreneurial people now want to buy and run established, medium-sized companies.

Some say it's an incredibly logical step. And it makes perfect sense: Germany's Mittelstand, the very backbone of the economy, has a massive succession problem. And it's presumably often quite outdated. So if committed young managers from outside come in and take over, bringing a fresh, new approach – that's a win-win situation!

But quieter voices can also be heard: What a stupid idea. Now all the Berlin bubble types, who have no ideas of their own, will come and buy their companies and top jobs. That can't possibly end well.

businessinsider

businessinsider

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