As part of the ongoing implementation of management succession at Afinum Management GmbH, one of the co-founders, transitions to the Supervisory Board.

Afinum 9 invests in PROLOGA Group (“PROLOGA”), a leading software provider of SAP add-on solutions with a focus on enterprise customers within the circular economy and utilities industry. This acquisition represents the ninth platform of the Afinum 9 fund as well as the second thematic investment in an SAP partner and a vertical industry champion, following the investment into mymediset, the leading cloud platform for medical devices supply chain in February 2023. It further underlines the fund’s and the Afinum team’s commitment to empowering businesses in impact industries. 

Following a successful growth path, Afinum 7 sells its investment in Iconia to funds advised by private equity investor Deutsche Invest. During Afinum’s holding period, Iconia expanded its market position and developed from a well-recognized display provider to the leading European full-service provider of interior architecture, display, and packaging solutions for iconic luxury brands. Today, the Group employs about 420 employees and is present in Switzerland (Freienbach, Lausanne), Italy (Torino, Veggiano), China (Dongguan) and Singapore.