April 4, 2016
HQ Equita appoints Torsten Krumm to its Management Board
Frankfurt, April 4, 2016. HQ Equita, the mid-cap buyout firm of HQ Capital, today announced that Torsten Krumm has been appointed as a Managing Director and Senior Partner, effective April 1st. Mr. Krumm joins the partner team around Dr. Michael Hönig, Senior Partner and Managing Director, and Hans J. Moock, Partner and Managing Director. The appointment expands HQ Equita’s network as Mr. Krumm will contribute his extensive experience in the German SME segment and improve access to international investors.
“Torsten Krumm is an industry expert with many years of experience in the field of direct investments,” says Dr. Michael Hönig. “We’re delighted to welcome Torsten to our team and are confident that with his expertise, we will continue to successfully expand HQ Equita’s and our holding companies’ businesses.”
HQ Equita is a subsidiary of HQ Capital, one of the leading independent providers of alternative investments in Germany. HQ Equita’s investors include institutional investors, foundations and family offices, including the one of the Harald Quandt family. The company currently has capital commitments worth 450 million euros and holds shares in ten portfolio companies.
“HQ Equita’s approach to small and medium-sized enterprises is to work closely with management teams and shareholders in a spirit of partnerships. The network and approach have proven to be successful and provide critical value creation,” says Mr. Krumm. “I look forward to contributing my operational and transaction experience and I am thrilled to be joining the management and the entire team in shaping the future of HQ Equita.”
Mr. Krumm has over 18 years of experience in investment management in the European SME segment. Before he joined HQ Equita, he spent six years as co-head and Managing Partner at the private equity firm Odewald & Compagnie. Prior to that, Mr. Krumm worked for over eight years as a managing Director of Apax Partners, where he executed and handled numerous investments in SMEs. He also spent ten years working in managerial positions with Intel Cooperation in Europe and Asia. He was responsible for establishing Intel Capital in Europe and was in charge of its M&A and investment operations in Europe in his role as a Director.
Mr. Krumm is a graduate in communications engineering and earned an Executive MBA from the Insead Business School.