Case Studies, News
Peryton advises KKD on the sale to Konkordia
26.08.25 by Konstantin Kottutz
We advised the shareholders of KKD GmbH, one of the leading independent providers of integrated fleet management solutions in Germany, as exclusive sell-side advisor on the sale to Konkordia Unternehmensnachfolge GmbH. The transaction not only secures the succession but also implements a search fund model in practice: Konkordia’s founders, Wolfram Krauss and Daniel Missethon, will take on operational management responsibilities at KKD and focus entirely on the company’s further development.
Entrepreneurial responsibility through operational focus
As a Search Fund, Konkordia does not act like a traditional financial investor but instead assumes direct entrepreneurial responsibility. Krauss and Missethon will actively support KKD, with a particular focus on strategy, digitalization, and business development. Their strong operational involvement ensures that expertise, capital, and personal commitment are directly channeled into the company’s ongoing development. Market leadership through specialization and technological scalability
KKD is excellently positioned in a rapidly growing market segment and, as the only independent provider, offers a fully integrated full-service platform for fleet management. The company covers the entire lifecycle of corporate vehicles – from digital procurement and operational control to claims management and lease returns. Thanks to its proprietary infrastructure, IT systems, and vehicle diagnostics centers, KKD is able to deliver all services entirely in-house – a clear competitive advantage in a fragmented market. Succession as a growth driver
With Konkordia, KKD has found a partner that understands its business model and values, while also driving its operational development. The uniqueness of the Search Fund model lies in combining the entrepreneurial energy of a founding team with the experience and financial strength of an investor network. This gives KKD not only a solid succession solution but also the entrepreneurial dynamism and resources required to successfully enter its next phase of growth.
As a Search Fund, Konkordia does not act like a traditional financial investor but instead assumes direct entrepreneurial responsibility. Krauss and Missethon will actively support KKD, with a particular focus on strategy, digitalization, and business development. Their strong operational involvement ensures that expertise, capital, and personal commitment are directly channeled into the company’s ongoing development. Market leadership through specialization and technological scalability
KKD is excellently positioned in a rapidly growing market segment and, as the only independent provider, offers a fully integrated full-service platform for fleet management. The company covers the entire lifecycle of corporate vehicles – from digital procurement and operational control to claims management and lease returns. Thanks to its proprietary infrastructure, IT systems, and vehicle diagnostics centers, KKD is able to deliver all services entirely in-house – a clear competitive advantage in a fragmented market. Succession as a growth driver
With Konkordia, KKD has found a partner that understands its business model and values, while also driving its operational development. The uniqueness of the Search Fund model lies in combining the entrepreneurial energy of a founding team with the experience and financial strength of an investor network. This gives KKD not only a solid succession solution but also the entrepreneurial dynamism and resources required to successfully enter its next phase of growth.
About KKD
KKD, headquartered in Essen, is a specialized provider of comprehensive fleet management solutions. The company manages several thousand vehicles for clients. Its services span the entire vehicle lifecycle – from procurement and integration to ongoing operations as well as incident and settlement management. All processes are managed via proprietary systems, ensuring high service quality and fast turnaround times. About Konkordia Unternehmensnachfolge
Konkordia Unternehmensnachfolge GmbH, headquartered in Tübingen, is a Search Fund focused on succession solutions for mid-sized companies in German-speaking markets. Founded by Wolfram Krauss and Daniel Missethon, Konkordia takes a long-term approach and assumes an operational role in the businesses it acquires. The aim is to strengthen existing structures, provide strategic and digital impetus, and lay the foundation for sustainable growth.
KKD, headquartered in Essen, is a specialized provider of comprehensive fleet management solutions. The company manages several thousand vehicles for clients. Its services span the entire vehicle lifecycle – from procurement and integration to ongoing operations as well as incident and settlement management. All processes are managed via proprietary systems, ensuring high service quality and fast turnaround times. About Konkordia Unternehmensnachfolge
Konkordia Unternehmensnachfolge GmbH, headquartered in Tübingen, is a Search Fund focused on succession solutions for mid-sized companies in German-speaking markets. Founded by Wolfram Krauss and Daniel Missethon, Konkordia takes a long-term approach and assumes an operational role in the businesses it acquires. The aim is to strengthen existing structures, provide strategic and digital impetus, and lay the foundation for sustainable growth.
