Entrepreneurial
commitment.
For growth and succession situations.
Achieving goals
and growth together.
Future-oriented. Committed. Sustainable.
Mastering challenges
together.
Reliable. Partnership-based. Flexible.

What we do

Acorda supports entrepreneurs and established SMEs with equity capital and in achieving strategic growth targets. We enable business successions, growth financing, add-on acquisitions, and the achievement of entrepreneurial independence (MBI/MBO/Carve-Out). Our focus is on operational companies with core business in Germany, Switzerland, and Austria (DACH) and sectors where we can create strategic, sustainable value with our expertise.

How we work

As a strategic partner, we collaborate with ambitious founders and management teams by investing in their companies, whether through majority or minority stakes, with the shared goal of achieving growth objectives. In our key sectors of focus, we provide extensive industry and methodological expertise, offering strategic support in collaboration with a network of seasoned experts and executives. We respect the autonomy of management teams, contributing our expertise through an advisory board as a collective platform. Our commitment is founded on principles of partnership, pragmatism, and an open-ended timeframe.

Who we are

Acorda was established in 2018 by a team of seasoned entrepreneurs who possess extensive knowledge acquired from over 50 corporate investments. Our four senior partners each have over 20 years of experience in leadership positions in private equity, growth and succession situations, and operational management. From our office in Munich, we work together with a large network of external industry experts and executives. We are independent, entrepreneurially driven, and flexible.

Jochen Brellochs

Jochen Brellochs

Partner
  • 20 years of experience focusing on corporate investments and serving as an advisor to growth companies
  • Transaction experience from > 25 investments in SMEs in Germany, Austria, and Switzerland
  • Sector focus on business services, software/IT, and industrial technology
  • Previously with DPE Deutsche Private Equity, Gimv, VM Capital, and Deloitte
  • Dr.rer.oec., TU Berlin/IMD and Dipl.-Kfm., University of Mannheim
  • Enjoys spending time with his daughter, playing basketball, and being active in the mountains (skiing/hiking)
Max Winterling

Max Winterling

Partner
  • 27 years of experience in management positions with a focus on value enhancement and optimization
  • Previously COO, APCOA (5,500 employees, €900m turnover) and successful exit in 2023 despite difficult market conditions
  • Previously held various management roles at Bosch and Alix Partners, with a focus on optimization and interim management
  • Dr.rer.pol., University of Cologne and Dipl.-Kfm., University of Bayreuth
  • From an entrepreneurial family background, married, 2 children, and enjoys playing soccer
Gernot Wunderle

Gernot Wunderle

Partner
  • 30 years of experience as an M&A advisor and investor in SMEs
  • Served as Managing Partner at goetzpartners (now Fortlane Partners) until 2018, with prior experience at Communications Equity Associates and Roland Berger
  • Extensive transaction experience from > 100 M&A and investment projects
  • Dr.rer.soc.oec., University of Innsbruck and Dipl.-Kfm., LMU Munich
  • He enjoys spending time with his two children, traveling, ski touring, and sailing.
Christophe Spanier

Christophe Spanier

Partner
  • 22 years of experience in leadership positions in Finance and Investment Banking
  • Previously Global Head of Sales/Stakeholder, Leonteq Securities, with successful IPO in 2012
  • Experienced Advisory Board member and Investor, incl. for Horus Energy and UENI
  • Master in Finance, ESCP-EAP (Paris, Madrid, London)
  • Born in Karlsruhe, German nationality, speaks 4 languages, and enjoys private time with his 3 children or playing padel tournaments

We want to get to know you

For Entrepreneurs

You are an ambitious management team seeking equity financing to achieve your growth targets, acquire a company, or spin off from a corporate group. You are considering a leadership succession or want to bring in a long-term minority investor. You are facing strategic challenges in your industry and would benefit from a strong partner.

For Industry Experts

Your extensive experience in management positions has equipped you with valuable expertise and a wide network and you are eager to contribute these to growth companies and medium-sized business. As a valued member of our expert network, you collaborate with us to support ambitious companies through advisory board or project mandates, respecting the autonomy of the management team.

You would like to join our team

We are growing and you could contribute to shaping our future. We are looking for entrepreneurial personalities with a professional background in Private Equity, Corporate Finance/M&A, Strategy Consulting, or operational management in growth companies. Your work philosophy is collaborative, analytical and focused on results and you are intrigued by achieving growth in dynamic market environments.

Contact

info [at] acorda.de

Acorda GmbH
Schleißheimer Str. 25
80333 Munich
Germany