At eye level with entrepreneurs



CONSTELLATION is an independent investment company that invests in medium-sized companies at eye level with entrepreneurs and founders. By contributing comprehensive expertise, our network and financial resources, we support entrepreneurs of service companies in developing into sustainable market leaders in the SME market.

Our three pillars

We focus on three essential pillars that support every successful business: Strategy – Finance – Execution.



We develop differentiated strategies for our portfolio companies that help them become market leaders in the medium term through both organic and acquisitive growth.



To implement these strategies, we develop capital-efficient solutions provided by our funds and external financing partners. These contribute to building transparent and resilient financial processes. These contribute to building transparent and resilient financial processes.



Together with the partners of our portfolio companies, we complement the competences and cross-regional presence through our Buy & Build approach.

By combining Strategy, Finance, and Execution, we build sustainable institutions involving multiple generations that participate in the successful outcome. Responsible action is therefore a cornerstone of entrepreneurial design.


The history of CONSTELLATION dates back to 1992. Rainer Fröhlich founded CONSTELLATION CAPITAL AG, which since its beginnings operated as a consulting and investment company.