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14 Nov 2023

MCF advised EMZ Partners on the acquisition of a significant stake in H&Z Unternehmensberatung

EMZ Partners (“EMZ”), a leading European investment firm, has acquired a significant stake in H&Z Unternehmensberatung. Besides EMZ, a total of 120 employees of H&Z will invest in the Group, thus forming one of the largest employee participation programs in the management consulting industry in DACH.

In this transaction, MCF advised EMZ and helped facilitate the deal.

"H&Z impressed us right from the start with its remarkable growth history and leading position in the field of value chain management. We appreciate the corporate culture established by the management team around Stefan Aichbauer, Michael Santo, Harald Enz and Stefan Franz and the "hands-on" mentality of the entire team, which is fully in line with EMZ's philosophy. We are delighted to help shape the future development as shareholders and partners of the management team."

Klaus Maurer

Senior Partner at EMZ

The Deal

H&Z currently advises its clients primarily in the areas of Procurement & Supply Chain, Strategy & Performance and Sustainability & Transformation, from strategy development through to successful implementation. In the coming years, the management team plans to further expand the consulting offering organically and inorganically and to develop H&Z into the leading European consulting firm for Circular Economy.

The Target

H&Z was founded in 1997 as an independent consulting firm in Munich and has since pursued the unique approach of consulting with Head, Heart and Hand. The consulting projects executed by H&Z focus on sustainable transformation and tangible results for clients. Over the past 25 years, the consultancy has continuously expanded its market position and reputation and has significantly accelerated its growth in the last three years.

About EMZ

EMZ is a leading European investment firm with offices in Paris and Munich. The firm focuses on small-to-medium-sized companies and offers flexible capital solutions in strong partnerships with founders, family shareholders, and managers. EMZ is majority-owned by its own employees and has a base of European institutional investors. The current fund has a volume of more than 1.3 billion euros, and its investment size ranges from 10 to 200 million euros.