PEStore

Buyout PE

Alpina

Alpina acquires controlling stakes in established, profitable businesses, from Munich, Germany. It states a focus on software & internet, industrials & manufacturing and business & professional services.

Disclosed holdings12
Earliest stated investment
HeadquartersMunich, Germany
Largest single fundNot stated

Stated investment criteria

What Alpina says it buys

Read from Alpina’s own website in August 2026. This is what the firm says it buys, not what anyone has recorded it buying, and figures are shown in the currency the firm itself used - nothing here is converted. Every line links to the page it was read from.

Minimum revenue it states€5m1
Transaction typesCarve-out, Growth, Add-on1
OfficesMunich2

A stated mandate is a firm’s description of itself and was true of the page on the day it was read; firms widen and narrow what they will look at without updating the site. Alpina states that it takes majority or outright ownership. Nothing here is a commitment by Alpina to consider any particular business, and nothing on this page is represented as being for sale.

Portfolio

Disclosed holdings

Companies Alpina lists on its own website. No investment years are published.

CompanyInvestedYears heldRecorded transaction
B2B Software FINAplus 01
B2B Software Germanedge 04
B2B Software Modula 06
B2B Software Objective 05
B2B Software The Project Group 02
B2B Software Virtalis 03
FINAplus
Germanedge
Modula
Objective
The Project Group
Virtalis

Compiled from Alpina’s published portfolio page. Where a recorded transaction is shown, that company was the target of a reported deal and has most likely already been realised. Nothing here is represented as being for sale.

Valuation context

Transaction values in Software & Internet

What companies have actually sold for in software & internet, across 2,672 recorded transactions.

Median consideration$80m
Middle 50%$20m-$250m
Revenue multiple2.2×
EBITDA multiple10.9×

The full software & internet picture - most active acquirers, recent transactions and every investor in the sector.

For owners

Own a software & internet business?

The investors on this page acquire companies like yours. A confidential valuation costs nothing, commits you to nothing, and nobody is told you asked.

Request a confidential valuation

For investors

Is this Alpina?

Claim this profile to correct anything wrong and tell us what you are looking for. We will send matching opportunities as they arise.

Claim or correct this profile

Targeted buyer search

Which hundred of these would actually buy your business?

A researched shortlist with a verified deal-team contact for each, and the reason it is on the list. Fixed fee, from $1,450 - or we make the approach for you and hand you the conversations.

See how it works

Comparable investors

Similar mandates

Other buyout pe investors active in software & internet.