SGT Capital Responds to PGH’s Recent Press Release

The Payments Group Holding GmbH & Co. KGaA’s (“PGH”) recent press release of 14 February 2025 contains numerous false statements against SGT Capital.  SGT Capital will not tolerate the spread of misinformation. BaFin, which oversees PGH’s communications to the market, has been alerted of the false statements in PGH’s press release and will certainly review the matter.

Mr. Christoph Gerlinger, the CEO of PGH, was previously affiliated with SGT Capital whilst SGT Capital was the majority shareholder of PGH. In early 2024, SGT Capital successfully separated from PGH (then SGF), and Mr. Gerlinger was disassociated from SGT Capital at that time. Whilst this complex separation was implemented effectively, a few distinct issues remain unresolved. Specifically, SGT Capital GPs are owed a total of EUR 9,989,792.88 following the separation between SGT Capital and PGH.  SGT Capital GPs have issued default notices for the return of these funds and have initiated legal actions to reclaim said funds – it will now be for the courts to decide on SGT Capital’s claims.  

This matter concerns only the general partners’ personal funds and has no impact on the funds or the operations of the SGT Capital and SGT Capital is currently working with legal advisors to assess further actions.

About SGT Capital

SGT Capital Group is a global private equity firm that generates top decile performance for its investors by driving the internationalisation of mid-cap market leading businesses in combination with more traditional private equity value creation strategies. With offices and portfolio company presence in London (United Kingdom), Zug (Switzerland), Frankfurt (Germany), Dubai (UAE), San Francisco (CA, USA), and Singapore, SGT Capital is led by Joseph Pacini, Carsten Geyer, Dr Marcel Normann, Marianne Rajic and Jens Dino Steinborn. The principals of SGT Capital are seasoned professionals from market leading private equity, asset management, investment banking, and consulting firms, bringing over 100 years of investment experience and experience in managing more than USD$ 35 billion in alternative assets under management.

For further inquiries, please contact:
investor-relations@sgt-capital.com