Bain Capital sells its 6% Galeria stake to NRDC and Bernd Beetz
German department store chain Galeria, which filed for insolvency in October 2026, had its 6% minority stake sold by Bain Capital to its two main shareholders.
According to research by the Börsen-Zeitung, Boston-based Bain Capital has exited its 6% minority stake in Galeria. The stake, held through a Luxembourg holding structure, was transferred to the two main shareholders, NRDC Equity Partners and entrepreneur Bernd Beetz. The change took effect retroactively on 11 August and was registered in the Luxembourg commercial register. Bain Capital declined to comment.
A sale process for Galeria has been launched within the insolvency, with results expected by January. It is unclear whether NRDC Equity Partners and Beetz will bid. Neither party has commented.
Deal facts
- Target
- Galeria
- Business
- German department store chain that filed for insolvency for the fourth time since 2020
- Buyer
- NRDC Equity Partners and Bernd Beetz
- Sponsor
- NRDC Equity Partners
- Seller
- Bain Capital
- Deal type
- Exit
- Status
- Completed
- Announced
- Friday, October 23, 2026
Sources
- Börsen-ZeitungOct 23, 2026
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.