January 2018: GME and Founders purchase shares from Bayern Kapital and BayBG
GME has exercised a pre-agreed purchase option and acquired the GME shares of 2 institutional investors.
The profits generated during the last years enabled the company to „pay-out“ 2 out of 3 institutional investors. GME expects to purchase the shares of the remaining investor (HTGF) in a few years. The long term strategy of GME’s founders is to create a classic German “Mittelstand” company: private, independent and with a long-term perspective.
The transformation from a company financed by venture capital to a „Mittelstand“ company is quite unusual. Thus the transaction has been highlighted in the renowned German “VentureCapital Magazin“ in the edition 04/2018 (German only).