Stephan Berendsen

IKB Invest GmbH (IKB-PE) is the private equity arm and a wholly-owned subsidiary of IKB Deutsche Industriebank AG (FR: IKB). The bank's activities include domestic corporate lending, real estate finance, structured finance, private equity, treasury and financial markets. KfW holds a significant minority interest in the IKB group, and both banks have established a strategic partnership. Another significant shareholder is Stiftung Industrieforschung, a foundation established in 1974 following the merger between IKB-Industriekreditbank and Deutsche Industriebank, for the purpose of promoting commercial enterprise. Established in 1987, IKB-PE is headquartered in Dusseldorf, Germany.

CAPCELLENCE Mittelstandspartner GmbH (CAPCELLENCE) is an independent private equity firm since the Management-Buy-out in 2009. It is owned by its managers. Established in 1971, the firm focuses on the German and North European markets. CAPCELLENCE is headquartered in Hamburg, Germany and invests in established SMEs, financing a variety of transactions, including growth/expansion, MBOs, MBIs and business successions.

123 Investment Managers SA is a Private Equity/Venture Capital firm, a subsidiary of Capucines Capital Partners SAS founded in 2000. 123 Investment Managers SA is headquartered in Grenoble.

DNV GL Netherlands BV engages in the provision of energy consulting, testing and certification services. It offers strategy and planning, operational support, measurements, inspections, and certifications. The company is headquartered in Arnhem, the Netherlands.

Nederlandse Gasunie NV engages in gas infrastructure activities. It also maintains and develops the gas transport grid, and offers gas transport and related services. The company is headquartered in Groningen, the Netherlands.

High-Tech Gründerfonds Management GmbH (HTGF) is a venture capital firm founded in 2005. The firm is headquartered in Bonn, Germany.

Future Energy Ventures /Israel/ is a Private Equity/Venture Capital firm, a subsidiary of innogy Ventures GmbH. The firm is headquartered in Tel Aviv Jaffa & was founded in 2015.