Added to YB: 2025-08-01
Pitch date: 2025-07-31
BKHT.DE [bullish]
Brockhaus Technologies AG
-20.08%
current return
Author Info
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Company Info
Brockhaus Technologies AG is a private equity firm. The firm specializing in emerging growth, middle market, later stage, mature, growth capital and buyout investments.
Market Cap
EUR 136.9M
Pitch Price
EUR 13.20
Price Target
N/A
Dividend
1.68%
EV/EBITDA
6.40
P/E
-16.55
EV/Sales
1.85
Sector
Electronic Equipment, Instruments and Components
Category
value
Half-Year Investor Letter – July 2025: Newest Addition - Brockhaus Technologies AG
BKHT.DE (new position): German tech holding co w/ 2 subs (Bikeleasing.de, IHSE). Bikeleasing platform enables employee bike leasing via salary sacrifice (30-40% savings). Post-COVID headwinds, slower growth due to pricing changes & low-margin bike returns. IHSE had accounting issues, impaired. €6M holding costs drag. Sum-of-parts value exceeds mkt cap if Bikeleasing hits €40-50M FCF & IHSE sells for €50M+.
Read full article (4 min)