Heliad Equity Partners
Heliad Equity Partners GmbH & Co. KGaA was a German investment company registered at the Frankfurt am Main commercial register (Amtsgericht Frankfurt am Main) under HRB 73524. Its registration history runs through several name changes: the entity was first entered in the Bayreuth commercial register in 2003 as VCH Private Ventures GmbH & Co. KGaA, renamed Pearlfisher Direct GmbH & Co. KGaA in 2004, then relocated to Frankfurt am Main and renamed Heliad Equity Partners GmbH & Co. KGaA later that year. As a Kommanditgesellschaft auf Aktien (a partnership limited by shares), the company had no board of its own and was managed by a general partner, Heliad Management GmbH.
Heliad Equity Partners GmbH & Co. KGaA acquired, held and managed majority and minority interests in private and listed companies, together with investments in private equity funds spanning venture capital, buyout, special-situations and mezzanine strategies. Its portfolio focus was on internet and technology, e-commerce, life sciences and media and entertainment businesses in German-speaking markets. Its shares traded on the Scale segment of the Frankfurt Stock Exchange under ISIN DE000A0L1NN5 and ticker HPBK.
The company’s registration is no longer active. On 13 October 2023, the merger of Heliad Equity Partners GmbH & Co. KGaA into FinLab AG was registered in the Frankfurt commercial register, at which point Heliad Equity Partners GmbH & Co. KGaA ceased to exist as an independent legal entity and FinLab AG was renamed Heliad AG. Heliad Equity Partners GmbH & Co. KGaA shareholders received Heliad AG shares in exchange for their holdings under the merger’s agreed exchange ratio.
- Company fundamentals
- Corporate linkage & group structures
- Digitized company financials
- Firmographics — websites, social profiles, revenue and employee estimates
Shareholders
Shareholders of Heliad Equity Partners GmbH & Co. KGaA
As a company listed on the Scale segment of the Frankfurt Stock Exchange, Heliad Equity Partners GmbH & Co. KGaA was subject to German voting-rights disclosure rules, under which only holdings crossing statutory thresholds are made public; a complete shareholder register was not located. Its largest identified shareholder prior to its dissolution was FinLab AG, reported at a 44.5% stake as of June 2023, which also wholly owned the company’s general partner and investment manager, Heliad Management GmbH. Bernd Foertsch, separately reported as FinLab AG’s principal shareholder (a reported 75% stake in FinLab AG), was reported to hold a direct stake of approximately 22% in Heliad Equity Partners GmbH & Co. KGaA. These figures were reported by Edison Group investment research as of June 2023, referencing company disclosures; no complete, dated shareholder register from an official filing was located. Following the October 2023 merger, all Heliad Equity Partners GmbH & Co. KGaA shares were exchanged for Heliad AG shares and the KGaA’s separate shareholder base ceased to exist.
Ultimate beneficial ownership
No authoritative source identifying a verified ultimate beneficial owner of Heliad Equity Partners GmbH & Co. KGaA against a stated threshold was located. The reported 44.5% and approximately 22% figures above are direct or major shareholdings rather than a confirmed UBO calculation, and are not presented as such.
Data availability
Major shareholders only (historical): Germany publishes voting-rights notifications above statutory thresholds for listed companies, but a complete shareholder register for this now-dissolved entity was not found. The information above predates the October 2023 merger and is no longer current.
Sources
- Edison Group, "Heliad Equity Partners – Plans to merge with FinLab", https://www.edisongroup.com/research/plans-to-merge-with-finlab/32413/, published 15 June 2023, retrieved 9 September 2026.
- EQS-News ad-hoc disclosure, FinLab AG / Heliad Equity Partners GmbH & Co. KGaA merger exchange-ratio announcement, https://www.eqs-news.com/news/ad-hoc/finlab-ag-verschmelzung-der-heliad-equity-partners-gmbh-co-kgaa-auf-die-finlab-ag-einigung-auf-umtauschverhaeltnis/d7ac835f-73a8-4193-944f-bbe0822f2e12_de, published 2023, retrieved 9 September 2026.
Officers
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Directors and officers of Heliad Equity Partners GmbH & Co. KGaA
Heliad Equity Partners GmbH & Co. KGaA was a Kommanditgesellschaft auf Aktien (a partnership limited by shares); under German law this legal form has no board of directors of its own. Management was exercised by its general partner (persoenlich haftende Gesellschafterin), Heliad Management GmbH (Amtsgericht Frankfurt am Main, HRB 58861). Falk Schaefers and Matthias Kroener were appointed managing directors of Heliad Management GmbH effective 1 May 2021, per an EQS ad-hoc company announcement. Zavia.ai’s on-file records for this profile additionally list Theo U. Woik (Senior Investment Manager) and Guenter Greiner (Investment Director) as members of the investment team; these are staff/team job titles reported by the company rather than registered legal officer appointments of the general partner. No resignation dates for Schaefers or Kroener were located prior to the company’s October 2023 dissolution by merger. Nationality of any of these individuals is not disclosed in the sources reviewed and must not be inferred from their names.
Recent officer changes
- Appointment: Falk Schaefers and Matthias Kroener appointed managing directors of Heliad Management GmbH, effective 1 May 2021 (source: EQS-News ad-hoc announcement).
- Structural change: following the entity’s merger into FinLab AG (renamed Heliad AG), effective 13 October 2023, Heliad Equity Partners GmbH & Co. KGaA ceased to exist as a legal entity and the general partner’s management mandate over it ended.
Data availability
Partial: Germany’s Handelsregister publishes the general partner and its registered managing directors for a KGaA, but investment-team job titles such as "Senior Investment Manager" or "Investment Director" are not registry data and were sourced from company communications rather than official filings; nationality is not disclosed for any individual named here.
Sources
- EQS-News, "Heliad Equity Partners GmbH & Co. KGaA: Falk Schaefers and Matthias Kroener appointed Managing Directors of Heliad", https://www.eqs-news.com/news/ad-hoc/heliad-equity-partners-gmbh-co-kgaa-falk-schaefers-and-matthias-kroener-appointed-managing-directors-of-heliad/89fb6c01-a154-4711-b314-84e679a876e1_en, published 30 April 2021, retrieved 9 September 2026.
- Northdata, Heliad Equity Partners GmbH & Co. KGaA company record (Amtsgericht Frankfurt am Main HRB 73524), https://www.northdata.com/Heliad+Equity+Partners+GmbH+&+Co.+KGaA,+Frankfurt+a.+Main/Amtsgericht+Frankfurt+am+Main+HRB+73524, retrieved 9 September 2026.
Registry feed — rows exactly as filed with Handelsregister (Commercial Register), including entries the profile above does not cover.
Group Structure
Group structure of Heliad Equity Partners GmbH & Co. KGaA
Heliad Equity Partners GmbH & Co. KGaA was not a freestanding, independently managed company: as a KGaA it was managed by a general partner, Heliad Management GmbH, and its largest identified shareholder before dissolution was FinLab AG, reported at a 44.5% stake as of June 2023, which also wholly owned Heliad Management GmbH. On 13 October 2023, Heliad Equity Partners GmbH & Co. KGaA was merged into FinLab AG under German merger law (Verschmelzung durch Aufnahme), registered in the Frankfurt commercial register, and FinLab AG was simultaneously renamed Heliad AG. As a result, Heliad Equity Partners GmbH & Co. KGaA no longer exists as a separate legal entity; its former business is now conducted within Heliad AG (Amtsgericht Frankfurt am Main, HRB 58865). No verified direct or indirect subsidiaries of Heliad Equity Partners GmbH & Co. KGaA itself were located; its activity was investing in portfolio companies rather than operating them as subsidiaries.
Note on a specific check performed for this profile: no official filing, registry record or company announcement was found linking Heliad Equity Partners GmbH & Co. KGaA to any entity named "Mountain Alliance AG". That name does not appear in the company’s Handelsregister history, its ad-hoc disclosures, or its merger documentation, and this profile does not describe such a relationship.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| Heliad Management GmbH | Germany | HRB 58861 (Amtsgericht Frankfurt am Main) | General partner (persoenlich haftende Gesellschafterin) | Ownership percentage not disclosed (management/liability role, not a capital shareholding) | Historical | 2021-2023 |
| FinLab AG (renamed Heliad AG) | Germany | HRB 58865 (Amtsgericht Frankfurt am Main) | Historical major shareholder; successor by merger | 44.5% reported (June 2023) prior to full absorption by merger | Historical | 13 October 2023 |
Recent structural changes
- Merger: Heliad Equity Partners GmbH & Co. KGaA merged into FinLab AG effective 13 October 2023; Heliad Equity Partners GmbH & Co. KGaA ceased to exist as a separate legal entity (source: heliad.com company announcement; EQS-News ad-hoc disclosures).
- Renaming: FinLab AG was renamed Heliad AG upon registration of the merger, 13 October 2023 (source: heliad.com company announcement).
Data availability
Historical: this company’s group relationships are no longer current because the entity was dissolved by merger in October 2023. Pre-merger ownership data is sourced from ad-hoc disclosures and investment-research commentary rather than a complete, dated official shareholding register.
Sources
- Heliad AG (formerly FinLab AG), "Registration of merger and renaming of FinLab AG to Heliad AG completed", https://www.heliad.com/highlights/registration-of-merger-and-renaming-of-finlab-ag-to-heliad-ag-completed, dated 13 October 2023, retrieved 9 September 2026.
- Northdata, Heliad Equity Partners GmbH & Co. KGaA (Amtsgericht Frankfurt am Main HRB 73524), https://www.northdata.com/Heliad+Equity+Partners+GmbH+&+Co.+KGaA,+Frankfurt+a.+Main/Amtsgericht+Frankfurt+am+Main+HRB+73524, retrieved 9 September 2026.
- Edison Group, "Heliad Equity Partners – Plans to merge with FinLab", https://www.edisongroup.com/research/plans-to-merge-with-finlab/32413/, published 15 June 2023, retrieved 9 September 2026.
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Frequently Asked Questions
What is Heliad Equity Partners GmbH & Co. KGaA?
Heliad Equity Partners GmbH & Co. KGaA was a German investment company (a Kommanditgesellschaft auf Aktien) registered in Frankfurt am Main under HRB 73524, that acquired and managed majority and minority interests in private and listed companies and in private equity funds.
Is Heliad Equity Partners GmbH & Co. KGaA still an active company?
No. The company's registration is no longer active. It was merged into FinLab AG effective 13 October 2023 and ceased to exist as an independent legal entity.
Was Heliad Equity Partners GmbH & Co. KGaA renamed to Mountain Alliance AG?
No verified record supports this. No official filing, registry entry or company announcement links Heliad Equity Partners GmbH & Co. KGaA to an entity named Mountain Alliance AG. The confirmed corporate event is a merger into FinLab AG, which was then renamed Heliad AG.
What happened to Heliad Equity Partners GmbH & Co. KGaA?
On 13 October 2023, Heliad Equity Partners GmbH & Co. KGaA was merged into FinLab AG (Verschmelzung durch Aufnahme), registered in the Frankfurt am Main commercial register. FinLab AG was simultaneously renamed Heliad AG, and Heliad Equity Partners GmbH & Co. KGaA shareholders received Heliad AG shares in exchange for their holdings.
What was Heliad Equity Partners GmbH & Co. KGaA's previous name?
Before becoming Heliad Equity Partners GmbH & Co. KGaA in 2004, the entity was registered as Pearlfisher Direct GmbH & Co. KGaA, and before that as VCH Private Ventures GmbH & Co. KGaA, first registered in Bayreuth in 2003.
Who managed Heliad Equity Partners GmbH & Co. KGaA?
As a KGaA, the company had no board of its own; it was managed by its general partner, Heliad Management GmbH (HRB 58861, Frankfurt am Main). Falk Schaefers and Matthias Kroener were appointed managing directors of Heliad Management GmbH effective 1 May 2021.
Who were the major shareholders of Heliad Equity Partners GmbH & Co. KGaA?
FinLab AG was reported as the largest shareholder, holding a 44.5% stake as of June 2023, and also wholly owned the general partner, Heliad Management GmbH. Bernd Foertsch was separately reported to hold a direct stake of approximately 22%.
Where was Heliad Equity Partners GmbH & Co. KGaA listed?
Its shares traded on the Scale segment of the Frankfurt Stock Exchange under ISIN DE000A0L1NN5 and ticker HPBK, until the October 2023 merger.
What industries did Heliad Equity Partners GmbH & Co. KGaA invest in?
It focused on internet and technology, e-commerce, life sciences and media and entertainment businesses in German-speaking markets, alongside investments in venture capital, buyout, special-situations and mezzanine private equity funds.
What is the correct legal form of Heliad Equity Partners GmbH & Co. KGaA?
It was a Kommanditgesellschaft auf Aktien, a partnership limited by shares, not a private limited company (GmbH/Ltd.) as shown in some generic company data.
What is Heliad Equity Partners's company registration number?
Heliad Equity Partners's registration number is HRB 73524 Frankfurt am Main, filed with Handelsregister (Commercial Register) in Germany. Its current status on the register is active.
Is Heliad Equity Partners still an active company?
Heliad Equity Partners's status on Handelsregister (Commercial Register) is listed as active.
When was Heliad Equity Partners incorporated?
Heliad Equity Partners was incorporated on 30 May 2000, according to Handelsregister (Commercial Register).
What is Heliad Equity Partners's registered address?
The registered address on file for Heliad Equity Partners is Frankfurt, Germany.
What legal structure is Heliad Equity Partners registered as?
Heliad Equity Partners is registered as a Private limited company (Ltd.) in Germany.
Can Zavia monitor changes to Heliad Equity Partners's ownership over time?
This profile reflects a point-in-time snapshot from Handelsregister (Commercial Register). Zavia's monitoring API can track changes to Heliad Equity Partners's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access Heliad Equity Partners's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including Germany, so records like Heliad Equity Partners's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from Handelsregister (Commercial Register) and was last synced on 11 August 2026.