{"id":9089,"date":"2025-07-21T10:38:25","date_gmt":"2025-07-21T08:38:25","guid":{"rendered":"https:\/\/ariva.ag\/glossary\/secondary-purchase\/"},"modified":"2025-07-21T10:38:25","modified_gmt":"2025-07-21T08:38:25","slug":"secondary-purchase","status":"publish","type":"glossary","link":"https:\/\/ariva.ag\/en\/glossary\/secondary-purchase\/","title":{"rendered":"Secondary Purchase"},"content":{"rendered":"<p>&#x201C;Beim Secondary Purchase handelt es sich um die &#xDC;bernahme von Investments aus dem <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Portfolio<\/span> einer Venture-C<span class=\"\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>api<\/span>tal-Gesellschaft durch eine andere K<span class=\"\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>api<\/span>talbeteiligungsgesellschaft. Auf diesem Weg trennen sich Venture-C<span class=\"\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>api<\/span>tal-<span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Fonds<\/span> von Beteiligungsunternehmen, deren Entwicklung nicht planm&#xE4;&#xDF;ig verl&#xE4;uft und die sonst komplett abgeschrieben werden m&#xFC;ssten. Teilweise werden auch ganze (Rest-)<span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Portfolio<\/span>s von Venture-C<span class=\"\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>api<\/span>tal-Gesellschaften ver&auml;u&szlig;ert, bei denen eine Anschlussfinanzierung nicht gesichert ist. Generell &uuml;bernimmt der K&auml;ufer meist Beteiligungen, die schon in einem reiferen Stadium sind, und vermeidet somit die risikoreichere Fr&uuml;hphase der Finanzierung. F&uuml;r das Startup ist ein Secondary Purchase meist mit erheblichen Risiken verbunden, zuweilen aber gleichzeitig die einzige &Uuml;berlebenschance. <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Exit<\/span>, Venture C<span class=\"\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>api<\/span>tal-Gesellschaft&rdquo;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#x201C;Beim Secondary Purchase handelt es sich um die &#xDC;bernahme von Investments aus dem <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Portfolio<\/span><\/span> einer Venture-C<span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>api<\/span><\/span>tal-Gesellschaft durch eine andere K<span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>api<\/span><\/span>talbeteiligungsgesellschaft. Auf diesem Weg trennen sich Venture-C<span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>api<\/span><\/span>tal-<span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Fonds<\/span><\/span> von Beteiligungsunternehmen, deren Entwicklung nicht planm&#xE4;&#xDF;ig verl&#xE4;uft und die sonst komplett abgeschrieben werden m&#xFC;ssten. Teilweise werden auch ganze (Rest-)<span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Portfolio<\/span><\/span>s von Venture-C<span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>api<\/span><\/span>tal-Gesellschaften ver&#xE4;u&#xDF;ert, bei denen eine Anschlussfinanzierung nicht gesichert ist. [&#x2026;]<\/p>\n","protected":false},"author":7,"featured_media":0,"menu_order":0,"template":"","meta":{"content-type":"","footnotes":""},"glossary-categories":[],"glossary-tags":[],"class_list":["post-9089","glossary","type-glossary","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Secondary Purchase - ARIVA: Finanzdaten sind unser Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ariva.ag\/en\/glossary\/secondary-purchase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:locale:alternate\" content=\"de_DE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Secondary Purchase\" \/>\n<meta property=\"og:description\" content=\"&#x201C;Beim Secondary Purchase handelt es sich um die &#xDC;bernahme von Investments aus dem Portfolio einer Venture-Capital-Gesellschaft durch eine andere Kapitalbeteiligungsgesellschaft. 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