The MBG (MEDIUM SIZED BUSINESS PRIVATE EQUITY AND VENTURE CAPITAL COMPANY) of the state of Baden Württemberg domiciled in Stuttgart and the CHANCENKAPITALFONDS DER KREISSPARKASSE BIBERACH GmbH (capital fund), a 100% daugther of the savings bank (Kreisparkasse Biberach), invest into RAACH SOLAR to support and accompany the strong top-line revenue growth. Shareholder of the MBG is among others the State Bank of Baden-Württemberg.
Jürgen Raach, founder and proprietor of RAACH SOLAR, welcomes that “the investment comes in the right time after a rapid growth of +40% in a difficult Covid19 year 2020 and further +60% in the year 2021. We expect another growth of minimum +50% in fiscal year 2022. This investment will allow us to acquire more large scale projects and grow sustainably double-digit. We will suceed in advancing photovoltaic power internationally and fight climate change.“
The Chancenkapital Biberach is a fair and reliable partner for start-up, growing and established companies. Establishing and growing a company needs essentially equity. As daughter company of the savings bank (Kreissparkasse Biberach), the company is for more than 20 years on the market and has become in the meantime one of the largest savings bank investment companies. The company accompanies currently more than 180 companies and writes together with these success stories.
The savings bank (Kreissparkasse Biberach) with total assets of 6,2 billion Euro is one of the largest of its kind in the state of Baden-Württemberg.
The MBG (MEDIUM SIZED BUSINESS PRIVATE EQUITY AND VENTURE CAPITAL COMPANY) Baden-Württemberg GmbH belongs to the large equity and venture capital companies in Germany. The company invests for the public benefit and is partner of the Mittelstand. The company currently makes available around 220 million Euro equity capital to more than 800 small and medium sized enterprises in the state of Baden-Württemberg . The MBG supports growth and innovation, corporate descent and start-ups predominantly through mezzanie capital in the form of dormant equity holding.
Source of images: MBG, emblem of the state of Baden-Württemberg