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Author: Yvonne Studier

I-ADVISE advises Skybrain GmbH on its investment in FinanzRitter

June 2025: I-ADVISE AG advises the family office Skybrain GmbH and CEO Mike Wlach on the investment in FinanzRitter.

As a broker, FinanzRitter offers its clients a digital brokerage platform that relieves brokers of administrative and brokerage activities and thus combines smart technology with personal advice.

With this investment, the Skybrain GmbH family office, acting as sparring partner, mentor and link to the management, strengthens its venture capital portfolio in the DACH region, Mike Wlach, CEO of Skybrain GmbH focuses in particular on AI, e-commerce, tech and insurance structuring the portfolio.

The I-ADVISE team (Frank Berg and Simon Genfeld) supported Skybrain GmbH with the financial due diligence.

Current Base Rate June 2025

Since the beginning of the year yields on quasi-risk-free Bundesbank bonds are rising.

As already indicated, the perpetual base rate in accordance with the IDW recommendation is continuing its trend and is with 3.00 % as of June 1 (rounded to ¼ percentage points, unrounded 2.98%) at its highest level in the past 10 years.

The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.

Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.

Current Base Rate May 2025

Since the beginning of the year yields on quasi-risk-free Bundesbank bonds are rising.

As of May 1, 2025, the perpetual base rate calculated in accordance with the IDW recommendation and rounded to ¼ percentage points is 2.75%!

The unrounded prime rate is 2.86%.

The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.

Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.

Current Base Rate April 2025

Since the beginning of the year yields on quasi-risk-free Bundesbank bonds are rising.

As of April 1, 2025, the perpetual base rate calculated in accordance with the IDW recommendation and rounded to ¼ percentage points will rise again for the first time since January 2024 to a rounded 2.75%!

The unrounded base rate is 2.80 %, or even 3.03 % if the reporting date is March 31.

The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.

Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.

I-ADVISE Dr. Jochen Beumer court-appointed auditor

January 2025: The I-ADVISE AG auditing company team led by Dr. Jochen Beumer has audited the appropriateness of the share exchange ratio and the annual compensation payment under the domination and profit and loss transfer agreement concluded between Deutsche Wohnen SE and Vonovia SE as court-appointed contract auditor.

The Annual General Meetings of Vonovia and Deutsche Wohnen approved the domination and profit and loss transfer agreement on January 23 and 24, 2025. 

I-ADVISE advises EHT Holding GmbH on takeover

February 2025: I-ADVISE AG Wirtschaftsprüfungsgesellschaft advises EHT Holding GmbH on the acquisition of a specialist for replacement batteries and charging technology in Germany.

EHT Holding has taken over the business operations of Axcom GmbH in Willich. Axcom is a leading specialist supplier of replacement batteries and charging technology and develops battery solutions for critical applications in the fields of medical technology, industry and public safety.
EHT Holding strengthens its portfolio in the field of battery technology with this acquisition, being a strategic investor in the fields of mechanical engineering, industrial services, electronics and renewable energies.

The I-ADVISE team (Michael Ferdinand and Simon Genfeld) led by Frank Berg supported EHT Holding with both financial and tax due diligence.

I-ADVISE AG Wirtschaftsprüfungsgesellschaft advises Skybrain GmbH on its investment in REFRESH Internet GmbH

January 2025: I-ADVISE AG Wirtschaftsprüfungsgesellschaft advises the family office Skybrain GmbH and CEO Mike Wlach on the investment in REFRESH Internet GmbH.

REFRESH Internet GmbH is a player of the e-commerce sector and sells riding and horse accessories, horse care products, clothing and cat and dog supplies via its brands/shops Kavalio, WOOF & WAG and WHINNY X BAY riding and horse accessories, horse care products, clothing and cat and dog supplies.

With this investment, the Skybrain GmbH family office, acting as sparring partner, mentor and link to the management, strengthens its venture capital portfolio in the DACH region, Based on his expertise gained as co-founder of the e-commerce platform Apfelkiste.ch, the CEO of Skybrain GmbH, Mike Wlach, is focusing in particular on the AI, e-commerce, tech and insurance segments when structuring the portfolio.

The I-ADVISE team (Frank Berg, Michael Ferdinand and Roberto Schneider) supported Skybrain GmbH with the financial and tax due diligence.

I-ADVISE AG Wirtschaftsprüfungsgesellschaft advises Skybrain GmbH on its investment in Fahrengold

February 2025: I-ADVISE AG Wirtschaftsprüfungsgesellschaft advises the family office Skybrain GmbH and CEO Mike Wlach on the investment in Fahrengold.
Fahrengold offers its customers products for the presentation of their usually very valuable cars and motorcycles. The customer receives a combination of garage and showroom in which the vehicle can be presented visibly and protected from environmental influences.

With this investment, the Skybrain GmbH family office, acting as sparring partner, mentor and link to the management, strengthens its venture capital portfolio in the DACH region, Based on his expertise gained as co-founder of the e-commerce platform Apfelkiste.ch, the CEO of Skybrain GmbH, Mike Wlach, is focusing in particular on the AI, e-commerce, tech and insurance segments when structuring the portfolio.

The I-ADVISE team (Frank Berg and Simon Genfeld) supported Skybrain GmbH with the financial due diligence.

I-ADVISE advises Friedrich Graepel AG in its acquisition of a specialist for perforated metal in Germany

Düsseldorf, December 2023: Friedrich Graepel AG acquired 100 % of the shares of SOLVARO GmbH in Kirchheim unter Teck/Germany. The company is a specialist for customer-specific perforated metal components for agricultural machinery, trucks, buses, IT servers and similar applications.

The strategic acquisition promotes the recently presented repositioning of Friedrich Graepel AG. “The merger will strengthen our market presence in Europe in particular, and we are gaining new customers and segments,” explained Carlo and Felix Graepel, Managing Directors of Friedrich Graepel AG.

Friedrich Graepel AG is an internationally well-known system supplier for innovative metal products and now employs around 1,000 people in the group with its seven subsidiaries in Germany, Hungary, the USA and India.

Led by Frank Sichau (WP/StB), the I-ADVISE team (Axel Schwarzrock, Michael Ferdinand, Nicolas Holt and Simon Genfeld) supported Friedrich Graepel AG with the financial and tax due diligence.

Current Base Rate, November 2023

Perpetual base rate for valuation dates in November 2023 is 2.79 % (not rounded, 3-month averaging, 1 % growth rate). – Non-binding indication as of today –

The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.
Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.