About Us
Your Senior Partner
for entrepreneurial situations of change, transactions and value enhancement
With over 80 years of proven success, we provide expert advice and strategic insights for the future of your business.

Entrepreneurial experience. Transactional precision. Actionable value enhancement.
DHM Advisory is an independent executive advisory partnership with profile and traction for family businesses, shareholders, private equity investors and family offices. We combine corporate finance and M&A expertise with real management and transformation experience, from strategic positioning through the transaction to measurable value creation.
Advisory at eye level with responsibility for impact.
We do not work from a distance, but closely with owners, advisory boards and management teams. Our partners bring structure to complex situations, create robust decision-making bases and accompany implementation with the necessary clarity, commitment and speed.
Three distinct differentiating features:
Seniority: Direct access to experienced partners at every project phase.
Entrepreneurial Perspective: We know the reality of leadership, change, financing, and accountability from our own experience.
Continuity: We connect strategy, M&A, corporate finance, and operational value enhancement into a consistent approach.
The DHM Impact Model
Personalities who understand responsibility.
DHM Advisory stands for the experience, perspectives, and working methods of its partners. We bring together different areas of expertise, yet share a common goal: to transform complex entrepreneurial challenges into viable decisions and measurable progress.
Detlef Dahlenburg
Partner M&A, Corporate Finance
dahlenburg(at)dhm-advisory.com
"In the middle of difficulties lie opportunities."
[Einstein]
Lutz Happich
Partner M&A, Value Creation
happich(at)dhm-advisory.com
"Unhappy is he who fears the future."
[Seneca]
Michael Merz
Partner M&A, Value Creation
merz(at)dhm-advisory.com
"The business enterprise has two basic functions: Marketing and Innovation. All the rest are costs."
[Peter F. Drucker]
We connect perspectives and create actionability.
In family businesses, investment situations and transformation processes, different interests, expectations and languages come together. DHM Advisory mediates between shareholders, investors, capital providers, management and organisation with the ability to translate economic logic into understandable terms and enable joint implementation.
- Clarity about goals, roles and decision-making processes
- Independent and discreet perspective in critical situations
- Translation between corporate reality, capital market and owner interests
- Viable decisions instead of isolated individual measures
From setting the course to realising value.
We do not think in isolated mandates, but in entrepreneurial value creation chains. DHM Advisory accompanies clients throughout the entire process: from strategy and preparation to transaction and financing, to operational transformation and sustainable increase in company value.
- Pre-Deal:
Strategic positioning, succession and growth options, equity story, company preparation and target image - Deal:
M&A process, financing, buyer or investor dialogue, decision documents and negotiation support - Post-Deal:
Value creation agenda, transformation, performance management, buy-and-build and governance - Continuously:
Sparring for shareholders, advisory board and management in strategic or operational situations of change
Understanding the mid-market. Shaping industry.
Our focus is on industrially shaped, technology-oriented and complex B2B business models. It is precisely there that we combine analytical depth with a pragmatic understanding of operational value creation, customer relationships, investment cycles and established organisational structures.
Exemplary focus areas:
Mechanical and plant engineering
Technology and B2B services
Specialised production companies such as MedTech, Food & Beverage, water technology, textile technology, packaging technology
Family businesses in succession, growth or transformation
Investment companies and carve-outs
Access to relevant expertise and capital.
If a situation requires additional expertise, specialised resources or access to capital, we strategically activate our network. This connects clients with suitable investors, financing partners, industry experts and specialised implementation partners, always based on the specific business challenge.
Let us talk about your next decision point.
Whether succession, growth, financing, transaction or transformation: In a confidential initial conversation, we clarify your starting position, possible courses of action and the specific value contribution of DHM Advisory.







