Eqvitec Mezzanine Fund III raised EUR 103 million
The Eqvitec Partners held a final close on Fund III, which closed at EUR 3 million over target.
The fund attracted commitments from 12 investors from, amongst others, Nordic Investment Bank and European Investment Fund. The fund will support buyouts and recapitalizations in small and medium-sized businesses, as well as provide financing for organic and acquisitive growth. Its focus will be on industrial products and services and technology in the Nordic region, with investment ranging from €5-15 million.
The fund was advised by Andulf Advokat and there has not been disclosed any details regarding management fees, carry or GP contribution.
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