Deutsche Beteiligungs AG (DBAG) is a Germany-based private equity company, that initiates and structures closed-end private equity funds (DBAG funds) for investment in equity or equity-like instruments and provides advice for these funds. It focuses on mid-market companies. The Company operates through two business segments: Fund Investment Services, which provides advisory services to DBAG funds, and Private Equity Investment, which encompasses interests in portfolio companies, held through investment entity subsidiaries. The DBAG funds are the link between both business lines. The Company focuses primarily on Mittelstand (mid-sized) companies operating in German-speaking countries, particularly in industry sectors, such as mechanical and plant engineering, automotive and industrial components manufacturing.