Agilitas raises € 565m for its third fund
The pan-European personal fairness agency Agilitas has reached the ultimate shut of its third fund with 565 million euros in commitments. The fundraising, principally carried out within the midst of the pandemic, allowed the corporate to surpass the preliminary goal of € 425 million, an individual aware of the state of affairs mentioned. Personal Fairness Information.
The automobile will comply with the corporate’s technique of investing in corporations which have restricted cyclical publicity and are defensible and sustainable. It means specializing in belongings that may climate occasions of turbulence and carry out nicely no matter what’s going on on the planet.
The principle targets of the corporate are mid-sized corporations with enterprise values between 50 and 300 million euros in Western Europe in a variety of sub-sectors reminiscent of environmental applied sciences and companies, l training or important infrastructure.
The fund has attracted capital commitments from a variety of buyers in Europe, North America, the Center East and Asia, the corporate mentioned.
“The robust demand now we have seen is a testomony to the energy of Agilitas’ funding technique. We look ahead to seizing the super alternatives we’re at present seeing within the Western European mid-market, ”mentioned Martin Calderbank, Managing Accomplice of Agilitas, in a press release.
The agency, created in 2011, has concluded current agreements in sectors thought of immune to the pandemic.
In November, it acquired TenCate Superior Armor, a Dutch specialist within the safety of troopers and army automobiles, from textile producer Royal TenCate, in a deal anticipated to be concluded by the top of the month.
Earlier final yr, in March, Agilitas recruited training and coaching specialist Studying Curve Group from MML Capital.
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