September 1, 2005
Bad Homburg: EQUITA, the private equity arm of Harald Quandt Holding which has focused on investments in German mid-sized companies for 15 years, is adding new executive talent.
Equita Management GmbH (EQUITA), the private equity company of Harald Quandt Holding, is making changes at the executive level. Joining Dr. Michael Hönig (54) on the EQUITA management team is Dr. Hansjörg Schnabel (39). Dr. Schnabel has been active in the German investment industry since 1992, initially with Deutsche Beteiligungs AG, and later with Bridgepoint Capital and the private equity arm of the British insurer Legal & General. Dr. Schnabel joined EQUITA in 2003, and since then has played a decisive role in raising EQUITA’s profile as an investment company focused on mid-sized companies in the German-speaking market.
Effective October 1, 2005, Hans J. Moock (48) will also join EQUITA as a senior executive. Since 1999 Mr. Moock has been with EQT Partners, in which the Swedish industrial family Wallenberg focuses its private equity investment activities. Before joining EQT, Mr. Moock was the director of the German office of the US financial investor The Carlyle Group in Munich. In addition to his nine-year experience in strategic consulting with LEK Consulting and Bain, Mr. Moock has extensive experience in industry. From 1996 until 1998 he was chairman of the Management Board of Falk-Verlag AG. Prior to that time, he directed business operations at the Bertelsmann Professional Information, where he was in charge of building a professional publishing group on a Europe-wide scale.
In the course of repositioning EQUITA’s management, Werner Quillmann (56) has resigned for personal reasons from the EQUITA management team effective June 30, 2005.
With four closings in 2004, EQUITA was among the most active providers of investment capital in the German-speaking market. Dr. Hönig sees the repositioning of the EQUITA management team as an essential step toward retaining EQUITA’s standing in the years ahead as a stable, entrepreneurial partner providing equity capital to mid-sized companies. “We are one of the very few German mid-sized companies that can look back on 15 years of entrepreneurial investment activity independent of banks. The network and the tradition of the Harald Quandt family comprise an essential component of this success,” said Dr. Hönig. EQUITA is currently on the verge of finalizing the launch of a third fund whose concept is directed toward family offices with a longer-range investment horizon as well as institutional investors.
Contacts:
Equita Management GmbH
Dr. Michael Hönig
T: +49 (0) 89-29 33 45
E-mail: dr.hoenig@drhoenig.de
Equita Management GmbH
Dr. Hansjörg Schnabel
T: +49 (0) 6172-9441 229
E-mail: hansjoerg.schnabel@equita.de
Website: www.equita.de