One in four German Mittelstand companies is considering closure, and around 186,000 handovers are due by 2030. Vindelici Advisors acquires a stake in alphacento, Moritz Graf becomes Managing Partner alongside Dr. Jan Münch.

Munich/Augsburg, 10 November 2026 - alphacento, a succession advisory firm for owner-managed Mittelstand companies, is expanding its partner group and capacity. Augsburg-based consultancy Vindelici Advisors AG is acquiring a stake in alphacento GmbH, and Moritz Graf becomes Managing Partner alongside Dr. Jan Münch, taking responsibility for transaction advisory.

Demand is growing. According to estimates by IfM Bonn, around 186,000 companies are due for handover between 2026 and 2030, and according to KfW Research one in four Mittelstand companies is considering closure once the owners retire, with 69 percent naming the search for a suitable successor as the biggest hurdle. alphacento accompanies entrepreneurial families as a partner from start to finish: the team makes the company ready for handover, finds a successor who shares the owner's values and intentions, takes the handover to completion and stays until the business runs under new leadership.

Dr. Jan Münch, Managing Partner of alphacento, said in substance that whether a company survives depends on the fit between owner and successor, not only on the price; this requires time, people skills and a team that stays until the business runs, and with Vindelici and Moritz Graf on board alphacento can now do this for significantly more entrepreneurial families (quote rendered in substance).

Vindelici Advisors contributes the breadth of a consultancy with around 70 employees at six locations and a focus on strategy, management and restructuring. Where a succession requires strategy work or a restructuring, alphacento will in future draw on this expertise from within its own shareholder group. Vindelici in turn expands its M&A practice with a team specialised in handovers in owner-managed Mittelstand companies. Leonis Petschmann, CEO of Vindelici Advisors, said in substance that succession and sale are rarely isolated decisions but part of corporate strategy, and that alphacento approaches them from the perspective of the entrepreneurial family, which ideally complements Vindelici's advisory approach (quote rendered in substance).

Moritz Graf is responsible for company sales, acquisitions and succession processes. He joins from the Munich team of M&A boutique Saxenhammer, which regularly ranks among the most active M&A advisers in Germany, and previously managed the investment portfolio of an entrepreneurial family at a Munich family office.

With the entry of Vindelici Advisors and Moritz Graf, alphacento begins its next phase of development under the existing brand, with an expanded partner group and headquarters in Munich. Shareholders are Dr. Jan Münch, Moritz Graf and Vindelici Advisors AG.

This text was automatically translated from the German original.