Post by Carlo Schmid

LINEAGE - Deal Announcement 📈 I’m very excited to share that one of our Search Teams has reached a major milestone: Wolfram Krauss and Daniel Missethon, of Konkordia Unternehmensnachfolge, have successfully acquired KKD Fleet Management GmbH, a leading fleet management provider based in Essen. We partnered with Wolfram and Daniel in 2024, and over the past year they reviewed and evaluated countless opportunities before finding KKD, a company that perfectly aligns with their vision and capabilities. This acquisition represents not only the next chapter in their entrepreneurial journey, but also an important milestone for LINEAGE - Fund of Searchers. 🚘 About KKD GmbH KKD has built a strong reputation as a full-service fleet management provider, covering the entire vehicle lifecycle, from procurement and maintenance to decommissioning and remarketing. With robust growth, high customer retention, and a rare fully in-house service model, KKD is an exciting platform for the future. Together with strong co-investors, we’re thrilled to support Wolfram and Daniel as they embark on this next chapter! And in case you (or someone you know) is thinking about outsourcing their fleet, you now know who to contact! 📈 🚗 Please find the link to the official announcement in the comments below and if you like to get to know Wolfram better and see the two of us in action explaining the Search Fund model, please find a podcast of us also below in the comments (German only unfortunately). Cc: John Schanbacher #SearchFund #ETA #Entrepreneurship #Lineage