Seven2’s strategic move into German wealth management with HRK LUNIS acquisition

Seven2, a European private equity firm, has signed a definitive agreement to acquire a majority stake in HRK LUNIS, one of Germany’s leading independent wealth management platforms, from private investment firm J.C. Flowers & Co. This transaction, which remains subject to regulatory approvals, is expected to be finalized by the fourth quarter of 2025. While financial terms have not been disclosed, the deal marks Seven2’s first investment in Germany and signals its broader ambitions in the European wealth management sector.

The acquisition reflects the growing consolidation trend in independent wealth management, where firms seek to scale operations and enhance their investment offerings. With the backing of Seven2, HRK LUNIS is poised to accelerate its expansion, further strengthening its market position in the DACH region, which comprises Germany, Austria, and Switzerland.

How Has HRK LUNIS Positioned Itself as a Market Leader?

HRK LUNIS was established as a result of a strategic merger between LUNIS Vermögensmanagement and Hubert, Reuss & Kollegen in 2023. Since then, the firm has pursued an aggressive growth strategy, including its acquisition of ProVidens in 2024. These moves have positioned HRK LUNIS among the top five independent wealth managers in Germany, with over 100 employees overseeing more than €6.6 billion in assets under management and administration (AuM/AuA) across eight locations.

The company provides a broad range of services, including discretionary wealth management, advisory solutions, private equity investment, and family office services through its Wertiq brand. Its integrated business model, supported by a central investment office and advanced IT infrastructure, allows it to deliver seamless wealth management solutions to a diverse client base.

Why Is Seven2 Investing in HRK LUNIS Now?

Seven2, formerly known as Apax Partners, has been actively investing in high-potential small and mid-sized companies across Europe. Its portfolio spans multiple sectors, with a strong focus on financial services, technology, and telecommunications. The acquisition of HRK LUNIS aligns with its long-term strategy of supporting businesses that demonstrate robust growth potential and operational scalability.

This investment represents a significant step in Seven2’s European expansion, particularly in Germany—a market known for its sophisticated wealth management landscape and a strong demand for independent advisory services. By acquiring HRK LUNIS, Seven2 is tapping into a well-established platform that has successfully navigated industry shifts and regulatory complexities, making it a valuable addition to its investment portfolio.

How Will HRK LUNIS Benefit from Seven2’s Backing?

Under Seven2’s ownership, HRK LUNIS plans to pursue both organic and inorganic growth initiatives. The firm aims to expand its client offerings, particularly within alternative asset classes, while enhancing its digital capabilities to deliver a more seamless client experience. Additionally, HRK LUNIS intends to continue its acquisition-driven strategy, offering potential partners access to its robust investment office, regulatory expertise, and scalable IT infrastructure.

HRK LUNIS CEO and co-founder Andreas Brandt, who will retain a significant ownership stake, highlighted the value of Seven2’s financial backing and sector expertise in driving future growth. He acknowledged J.C. Flowers’ role in shaping the company’s trajectory over the past eight years and emphasized the new opportunities that lie ahead with Seven2.

What Are the Implications for the Broader Wealth Management Industry?

The acquisition of HRK LUNIS comes at a time when independent wealth managers in Germany face increasing pressure to scale operations and diversify service offerings. The wealth management industry is evolving, driven by regulatory changes, technological advancements, and shifting client expectations. Firms that fail to adapt risk losing competitiveness in an increasingly digital and globalized marketplace.

Private equity interest in wealth management has surged in recent years, with firms seeking to invest in businesses that can generate stable, recurring revenue streams. Seven2’s move underscores the attractiveness of independent wealth managers, particularly those with a strong regional presence and a scalable business model.

Industry experts suggest that this deal could trigger further consolidation in the German wealth management space, as firms look for strategic partnerships to strengthen their market positioning. Seven2’s investment also signals growing confidence in the DACH region as a key area for wealth management expansion.

What’s Next for HRK LUNIS and Seven2?

As the transaction moves toward completion, HRK LUNIS and Seven2 will focus on integrating their operational strategies while exploring new avenues for expansion. Seven2 has expressed confidence in HRK LUNIS’s leadership team and its entrepreneurial culture, emphasizing its commitment to fostering long-term growth.

With a strong foundation in place, HRK LUNIS is set to solidify its position as a market leader in Germany, leveraging Seven2’s resources to enhance its service offerings and expand its regional footprint. The coming months will be crucial in shaping the trajectory of this partnership, with industry observers closely monitoring the firm’s next moves in the wealth management sector.