Brockhaus new on the scene: the time of the IPO in times of crisis

It could have been worse. A couple of sleepless nights he had already, says Marco Brockhaus, such a listing gives just a lot of work. Nevertheless, the Frankfurt entrepreneur finds that the way of the Brockhaus Capital Management AG on the Frankfurt stock exchange where it is listed since Tuesday in the relatively strictly regulated Prime Standard, is efficient and quite pleasant to run. And this also has to do with the Coronavirus to.

by Daniel Schleidt

editor in the Rhein-Main-Zeitung.

actually, the 51-year-old Marco Brockhaus, founder, CEO and namesake of the holding company would be, in the weeks before the stock market debut have been much on the road, with possible meetings with investors. The latter he did. But, as in times of pandemic, usual, via video conferences. "Instead of flights and Nights in Hotels" has Brockhaus convinced, as he says, to selected institutional investors, virtually, to participate in the private placement that has brought the company to 115 million euros. Nearly 3.6 million shares were issued for the first course was 36,55 Euro 14 per cent over the issue price in the amount of 32 Euro. "This is a good Start, but it is only the beginning of a journey," said Brockhaus.

this is The step in the stock market in times of global Covid-19-pandemic, unusually, many companies have said in recent weeks due to poor business prospects, or because of the uncertain development of the markets and their projects to provide shares in the stock market trading. For Brockhaus, as he says not, to the debate.
at the end of last year, the company decided to raise on the capital markets with fresh money, in order to further medium-sized businesses to acquire, as provided for in the business model. Then, the Corona wave came, "but we pulled it off," says Brockhaus and feels through the first course confirmed.

invest Once in Wirecard

the business of the holding company does not work like a classical Investor, these times are over. Earlier Brockhaus bought with Private-Equity funds, shares of companies and these are later sold at profit. Among the successful Investments that the trading platform 360T, in the case of the Brockhaus once the largest institutional Investor was, before the German stock exchange, took over the company. Also in the headlines, the troubled company Wirecard Brockhaus has invested once the shares but until 2007, sold.