International private equity firm Cinven has announced the appointment of Dr. Michael Weber as Partner, effective October 1, 2024. Dr. Weber joins from Riverside, a European mid-market firm, where he served as Senior Partner and was involved in investment activities in the DACH region, focusing on software and technology sectors.

Before Riverside, Dr. Weber worked at Auctus Capital Partners, specializing in buy-and-build investments, and began his career at The Boston Consulting Group as a strategy consultant. At Cinven, he will leverage his extensive experience to pursue investments in the European mid-market, particularly in technology, tech-enabled services, and financial services.

Cinven views the European mid-market as a promising area for investment, aligning with its strengths in technology and business services. The firm has been active in the DACH region, recently investing in Fressnapf Group, a leading pet supplies business, and co-leading acquisitions of TK Elevator and Arxada.

Bruno Schick, Co-Managing Partner at Cinven, expressed enthusiasm about Dr. Weber's appointment, highlighting his expertise in software and technology as a valuable asset for the firm's growth in these sectors. Dr. Weber himself expressed excitement about joining Cinven, aiming to identify new investment opportunities and enhance value across the portfolio.

Overall, Dr. Weber's addition to Cinven underscores the firm's commitment to expanding its presence in the European mid-market, particularly in sectors where it has established expertise and networks.