Hamburg-based Generation Tech Partners launches €50M AI roll-up fund

A new AI roll-up fund is launching in Germany, as investor appetite for trying to yield returns by buying a group of established companies and revamping them with AI continues apace. Generation Tech Partners has raised more than €50 million, with the funds used to acquire German SME service providers, then overhaul them with AI. An AI roll-up strategy can be described as a company acquiring several companies in a sector, such as accounting, IT or insurance, and then leveraging AI to make the acq