Beyond AI: Six startup opportunities in Europe
Six sectors where European expertise, needs and regulatory changes are opening up new markets.
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Funds
FundStageHQAs ofAmount €M
- 314.0
Backs growing SMEs in B2B services and technology, mainly in France, driving operational improvement, accelerated growth and ambitious buy-and-build strategies.
- France
- Fund 2
- 7 Oct 2026
- Seven2
Acquire profitable, owner-managed German B2B service companies in succession situations and develop them operationally, including through AI.
- Business Services
- Germany
- 1 Oct 2026
- Generation Tech Partners
- 292.5
Technology and services; both minority and majority positions.
- Technology, Business Services
- United Kingdom and Ireland
- GBP
- Fund 2
- 29 Sept 2026
- Northcote Equity
- GBP 250m; hard cap GBP 250m
- 736.0
Acquires predominantly majority positions in lower-mid-market companies across France, Italy, DACH and Benelux, working with management to accelerate growth and improve performance.
- France, Italy, DACH, Benelux
- Fund 9
- 24 Sept 2026
- Argos Wityu
- 4,400.0
Software, data and technology-enabled services; LP memorandum: 'a mix of majority and minority control positions' (Perplexity quote).
- B2B Software, Technology
- Europe
- Fund 3
- 15 Sept 2026
- PSG Equity
- 370.0
Partners with entrepreneurs and management teams of lower-mid-market businesses in Benelux, Denmark and Germany, accelerating growth through organic initiatives, buy-and-build and international expansion.
- Benelux, Denmark, Germany
- Fund 8
- 10 Sept 2026
- Mentha Capital B.V.
- 135.0
Takes mainly majority stakes in proven SMEs and mid-caps in fragmented sectors across South-East Europe, Türkiye and Poland, building regional platforms through cross-border consolidation.
- Bulgaria, Croatia, Romania, Slovenia, Serbia, Türkiye, Poland
- Fund 3
- 10 Sept 2026
- CEECAT Capital
- EIF, EBRD
- 1,500.0
Makes majority control investments in small-cap healthcare businesses alongside founders and families, driving international expansion, operational scaling and active buy-and-build.
- Health & Bio
- not found
- Fund 4
- 9 Sept 2026
- ARCHIMED
- 2,300.0
Takes control positions in high-growth, asset-light European mid-market businesses in financial services, business services and TMT, applying sector expertise and operational capabilities.
- Fintech, Business Services, Media & Telecom
- Pan-European
- Fund 2
- 8 Sept 2026
- Cinven
- 203.7
Growth fund of listed VC Molten, cornerstoned by British Business Bank
- Generalist
- UK, Europe
- GBP
- Fund 1
- 7 Sept 2026
- Molten Ventures
- GBP 175m first close of GBP 350m target
- British Business Bank
- 67.5
Takes over established businesses; plans to acquire about 25 healthy SMEs.
- Health & Bio, Climate & Energy, Business Services
- Benelux, northern France and western Germany
- 3 Sept 2026
- 400.0
Buys growing mid-market companies in France, Italy, Spain and Benelux, financing acquisitions and executing systematic buy-and-build strategies in healthcare, business services and niche industries.
- Health & Bio, Business Services, Industrial Tech
- France, Italy, Spain, Benelux
- Fund 6
- 3 Sept 2026
- Siparex
- 171.5
Partners with managers and family-business founders; invests in companies with €20–€100 million turnover, with increased focus on technology and digitalisation.
- Technology, Consumer, Business Services
- Poland and Central and Eastern Europe
- Fund 4
- 2 Sept 2026
- Avallon MBO
- 710.0
Takes majority positions in mid-market companies mainly in Spain, Italy and Portugal, expanding their production capacity, markets and product portfolios.
- Spain, Italy, Portugal
- Fund 5
- Sept 2026
- Portobello Capital
- 150.0
Makes thematic buyouts of profitable, founder-led Western European companies, creating value through operational improvement, international expansion and strategic acquisitions.
- Industrial Tech, Climate & Energy, Business Services
- Pan-European (Western Europe); investments so far in Spain and Norway
- Fund 1
- 1 Sept 2026
- MS+PARTNERS
- 2,100.0
Builds market-leading Nordic mid-market businesses in stable sectors, working closely with management to drive profitable growth and operational transformation.
- Nordics
- Fund 8
- Sept 2026
- Axcel
- 270.0
Backs founder-led, mission-critical Nordic B2B businesses in business services, specialised industrials and technology, pursuing buy-and-build and organic development.
- Nordics
- Fund 1
- 28 Aug 2026
- Aspira Partners
- 105.0
Later-stage European technology companies, spin-out of two ex-Wendel Growth partners
- Generalist
- Europe
- Fund 1
- Aug 2026
- IronWave
- 1,100.0
Takes majority stakes in high-potential Italian mid-sized companies within strategic supply chains, supporting internationalisation, new markets and stronger management teams.
- Southern Europe (Italy)
- Fund 2
- 4 Aug 2026
- Nextalia Investment Management
- 1,922.8
Growth fund within Index Ventures' USD 2bn raise (USD 3.5bn investing capacity across seed, venture and growth).
- Technology
- Europe and US (Dealroom also mentions Israel)
- USD
- 31 Jul 2026
- USD 2.2bn total after a USD 700m addition on 2026-07-31 (fund launched in 2024 with USD 1.5bn)
- 1,100.0
Growth fund for European technology scale-ups
- B2B Software
- Pan-European
- Fund 6
- 30 Jul 2026
- Highland Europe
- 310.0
Takes controlling positions in established Benelux and Danish businesses, supporting owner succession, professionalisation, organic growth and buy-and-build expansion.
- Business Services, B2B Software
- Benelux and Denmark
- Fund 3
- Jul 2026
- Foreman Capital
- 7,000.0
- Europe (European mid-market buyouts)
- Fund 8
- Jul 2026
- Bridgepoint
- 11,500.0
Makes controlling and co-controlling investments across Europe and North America in healthcare, technology and tech-enabled services, driving growth through active ownership.
- Generalist
- Fund 11
- 17 Jul 2026
- EQT
- 700.0
Makes primary control investments in fundamentally sound DACH businesses, including succession situations and carve-outs, and develops them through strategic acquisitions.
- Generalist
- Companies headquartered in DACH
- Fund 3
- 13 Jul 2026
- NORD Holding
- 335.0
Backs European lower-mid-market healthcare businesses through primary buyouts, operational improvement, international expansion and buy-and-build acquisitions.
- Health & Bio
- Europe
- Fund 5
- 9 Jul 2026
- Mérieux Equity Partners
- 915.0
B2B software, AI and cybersecurity; both majority and substantial minority investments.
- B2B Software, AI
- Europe
- Fund 3
- 7 Jul 2026
- 3,000.0
Invests sector-agnostically in high-quality, growth-oriented European mid-market businesses, providing operational expertise, strategic guidance and access to CVC's global network.
- Pan-European
- Fund 3
- 6 Jul 2026
- CVC Capital Partners
- 4,000.0
Invests in profitable B2B enterprise software and SaaS businesses, scaling them through organic growth and targeted acquisitions.
- B2B Software
- Primarily Western Europe and the Nordic region; North America also within manager's stated core geographies
- Fund 9
- 24 Jun 2026
- Main Capital Partners
- 1,250.0
Invests in high-growth B2B software businesses, supporting organic growth and scaling through targeted acquisitions.
- B2B Software
- Primarily Western Europe and the Nordic region; North America also within manager's stated core geographies
- Fund 3
- 24 Jun 2026
- Main Capital Partners
- 500.0
Growth-stage dual-use and defence technology (space, air, land, maritime, subsurface); Luxembourg-domiciled fund.
- Defence & Security
- Europe
- Jun 2026
- AVP; Earlybird (advisors, legal manager entity not found)
- 1,500.0
- Fund 12
- 18 Jun 2026
- 50.0
Acquires majority stakes in established DACH service businesses facing succession and builds larger groups through operational development and acquisitions.
- Business Services, Health & Bio
- Germany; Austria; Switzerland
- Fund 1
- 9 Jun 2026
- Gaius Capital
- 221.3
Buys profitable Norwegian lower-mid-market businesses and develops category leaders through organic expansion, operational transformation and strategic acquisitions.
- Generalist
- Norwegian lower mid-market
- NOK
- Fund 4
- 5 Jun 2026
- Longship
- NOK 2400m
- 2,000.0
Builds Nordic mid-market companies into regional champions through operational improvements, organic growth, acquisitions and geographic expansion.
- Generalist
- Nordic region
- Fund 10
- 4 Jun 2026
- Norvestor
- 808.0
Acquires majority stakes in mid-sized businesses, using organic development and buy-and-build strategies to create international leaders.
- Generalist
- Primarily France, Benelux and DACH
- Fund 3
- 21 May 2026
- Naxicap Partners
- 1,000.0
Targets fast-growing European technology and services companies, supporting international expansion, operational transformation, and selective buy-and-build.
- Technology, Business Services
- Continental Europe; feeder target assets primarily in France, Benelux, DACH, Spain, and Italy
- Fund 5
- 20 May 2026
- Eurazeo
- 520.0
Healthtech 'growth-buyout and growth equity firm'; Fund II invests 'as both minority and majority investors', EUR 20m to 50m per investment (Lauxera release).
- Health & Bio
- Europe
- Fund 2
- 19 May 2026
- Lauxera Capital Partners
- 175.0
Mid-market buyouts in Europe, sourced off-market through independent sponsors.
- Generalist
- Europe
- Fund 1
- 15 May 2026
- Eighteen48 Partners
- 215.0
Capital-transmission, majority or minority stakes in value-added industry and industrial services.
- Industrials
- France; international expansion of portfolio companies
- Fund 3
- 6 May 2026
- InnovaFonds
- 160.0
Report says the fund took control of Novaem; tourism/leisure, healthcare, testing and inspection.
- Consumer, Health & Bio, Business Services
- European SMEs
- Fund 5
- 5 May 2026
- Ekkio Capital
- 1,500.0
Takes majority or control positions in European lower mid-market businesses, supporting operational improvement and international expansion.
- Generalist
- Europe, with a dominant position in Southern Europe
- Fund 4
- 30 Apr 2026
- Investindustrial
- 600.0
European buy-and-build described jointly with Waterland; WPF II-specific control wording not found.
- Generalist
- Europe; separate WPF II mandate not found
- Fund 2
- 24 Apr 2026
- Waterland Private Equity
- 4,000.0
Builds European businesses in fragmented, growing markets through organic development and buy-and-build acquisitions.
- Generalist
- Europe
- Fund 10
- 24 Apr 2026
- Waterland
- 75.0
Takes controlling stakes in established industrial SMEs and supports decarbonisation, operational improvement and growth across France and selected European markets.
- Climate & Energy
- Primarily France; broader Europe including Italy and Benelux
- 21 Apr 2026
- Abenex
- 500.0
Makes primary buyouts of DACH Mittelstand businesses, addressing founder succession and supporting professionalisation and international growth.
- Technology, Health & Bio, Industrial Tech, Consumer
- DACH
- Fund 10
- 13 Apr 2026
- Afinum Management GmbH
- 400.0
Cross-sector small-cap fund with industrial and carve-out exposure; fund-wide majority requirement not found.
- Generalist
- France and Europe
- Fund 1
- 2 Apr 2026
- Latour Capital
- 808.0
Acquires market-leading, often family- or founder-owned European companies providing essential products or services, scaling them into multinational platforms through pan-European consolidation.
- Pan-European
- Fund 2
- 30 Mar 2026
- Fremman Capital
- 75.0
Back high-growth SMEs in consumer and retail, healthcare, and technology-enabled services with equity or quasi-equity and hands-on growth support.
- Consumer, Health & Bio, Technology
- Bulgaria; Romania; Serbia; wider Western Balkans selectively
- Fund 3
- 26 Mar 2026
- Invenio Partners
- 240.0
Capital-transmission and capital-développement in SMEs; manager-level scope.
- Generalist
- France / Western Europe
- Fund 4
- 17 Mar 2026
- Initiative & Finance
- 5,500.0
Acquires European mid-market businesses in industrial technology, business services and healthcare, supporting operational transformation and corporate carve-outs.
- Industrial Tech, Business Services, Health & Bio
- Europe
- Fund 6
- 16 Mar 2026
- Triton Partners
- 180.0
Takes majority or controlling minority stakes in high-growth SMEs in France, Benelux and Italy, supporting development and transformation plans through buy-and-build.
- France, Benelux, Italy
- Fund 2
- Mar 2026
- Abenex
- 4,500.0
Acquires majority stakes in high-growth, high-margin Northern European mid-market companies, supporting them with M&A, international expansion, digital and commercial expertise.
- Business Services, B2B Software, Fintech
- Pan-European (focus Northern Europe)
- Fund 7
- Mar 2026
- Inflexion
- 100.0
Builds profitable European consumer businesses through active ownership, international expansion, selective acquisitions and structured sustainability improvements.
- Consumer, Food & Agri, Mobility
- Benelux; France; DACH; Nordics
- 20 Feb 2026
- Vendis Capital
- 70.2
Controlling or significant minority equity stakes; BBB describes it as part of a new growth equity strategy.
- Technology, Health & Bio, Business Services
- UK nations and regions
- GBP
- Fund 4
- 19 Feb 2026
- NorthEdge Capital
- GBP 60m British Business Bank commitment
- British Business Bank
- 400.0
Acquires majority stakes (manager-level wording).
- Generalist
- Nordic region; lower mid-market
- Fund 6
- 18 Feb 2026
Makes majority buyouts of established European SMEs and turns them into consolidation platforms through operational development and acquisitions.
- Generalist
- Europe
- Fund 1
- 6 Feb 2026
- Cervinvest Capital
- 275.0
Majority and significant minority shareholdings; succession, growth capital and carve-outs in SMEs.
- Generalist
- Central Europe, including Germany
- Fund 5
- 4 Feb 2026
- Genesis Capital
- 170.0
Partners with founders and management teams of Dutch lower-mid-market companies, supporting growth initiatives, operational improvement and buy-and-build acquisitions.
- Benelux (Netherlands), lower mid-market
- Fund 3
- 3 Feb 2026
- NewPort Capital B.V.
- 144.3
Makes mainly majority investments in French SMEs undergoing succession, strengthening operations and supporting organic growth and acquisitions.
- Generalist
- France
- Fund 4
- 27 Jan 2026
- LT Capital
- 1,600.0
Makes control investments in operationally complex European lower middle-market businesses, using local origination and hands-on operational improvement.
- Generalist
- European lower middle market
- Fund 4
- 15 Jan 2026
- H.I.G. Capital
- 1,250.0
Makes majority buyouts of lower mid-market companies in Core Europe, partnering with families, founders and entrepreneurs across healthcare, services, consumer and niche industrials.
- Health & Bio, Consumer, Industrials
- Benelux; France; Germany; Italy; Spain
- Fund 6
- 12 Jan 2026
- Apheon Management S.A.
- 230.0
Backs Benelux mid-sized businesses through buyouts, carve-outs, succession situations, operational improvement and buy-and-build strategies.
- Generalist
- Benelux
- Fund 5
- 19 Dec 2025
- VE Partners
- 323.3
Minority growth equity investments in domain-expert software and AI companies (wording from Perplexity quote; press release text not read).
- B2B Software, AI
- Europe
- USD
- Fund 3
- 2 Dec 2025
- USD 375m (first and final close, equal to hard cap)
- 700.0
Established B2B SaaS and mission-critical enterprise software; control wording not found.
- B2B Software
- Benelux and DACH
- Fund 3
- Dec 2025
- Fortino Capital
- 600.0
Growth-stage deeptech scaleups in Europe: semiconductors, medical devices, advanced materials, applied AI, energy management.
- Deep Tech
- Europe
- Fund 5
- 27 Nov 2025
- Jolt Capital
- EIF
- 60.6
Early-growth fund investing in quantum technology companies at Series A and B.
- Deep Tech
- Global
- USD
- 24 Nov 2025
- Firgun Ventures
- USD 70m (target USD 250m)
- 5,700.0
Makes majority investments in non-cyclical growth companies in healthcare, technology and payments and financial services, driving business transformation and earnings growth.
- Generalist
- Fund 12
- 20 Nov 2025
- Nordic Capital
- 335.0
Buyout investments in profitable, founder-led B2B companies (IT & business services, engineered components).
- Business Services, Industrials
- Netherlands
- Fund 1
- 18 Nov 2025
- Nyver Capital Partners
- 400.0
Buys French SMEs and mid-cap companies with solid fundamentals and transformation potential, supporting operational improvement and development.
- Generalist
- France
- Fund 3
- 6 Nov 2025
- FCDE
- 875.0
Growth buyouts and strategic minority investments in European B2B technology-enabled services across financial and enterprise technology.
- Fintech, B2B Software, Business Services
- Pan-European; European-headquartered businesses
- Fund 1
- Nov 2025
- Aspirity Partners
- 255.0
Buyout investments in founder- and management-led businesses; Dutch lower mid-market.
- Generalist
- Netherlands
- Fund 2
- 4 Nov 2025
- 438.8
Professional services, data and information services, high-growth B2B; control wording not found.
- Business Services, Technology
- UK and Ireland
- GBP
- Fund 1
- Nov 2025
- GBP 375m; hard cap GBP 375m
- 497.3
Technology and life sciences; control wording not found in reviewed close report.
- Technology, Health & Bio
- not found
- GBP
- Fund 4
- Nov 2025
- GBP 425m; hard cap GBP 425m
- 226.0
Targets control investments in Italian founder-led and family-owned businesses, supporting them through structured buy-and-build programmes.
- Business Services
- Italy
- Fund 3
- Nov 2025
- Bravo Invest
- 459.0
Invests in Nordic lower-mid-market technology, business-services and healthcare companies through Axcel’s private-equity ownership model.
- Technology, Business Services, Health & Bio
- Nordics
- Nov 2025
- Axcel
- 105.0
Acquires predominantly controlling stakes in established Italian SMEs and supports strategic focus, professionalisation, organic growth and acquisitions.
- Generalist
- Italy
- Fund 3
- 31 Oct 2025
- Arcadia SGR S.p.A.
- EIF
- 625.0
Partners with entrepreneurs and management teams in Benelux and DACH mid-market businesses to improve operations and support sustainable growth.
- Generalist
- Benelux and DACH
- Fund 7
- 31 Oct 2025
- Bencis Capital Partners B.V.
- 2,500.0
Invests in healthcare opportunities under a strategy focused on better, faster, and more accessible healthcare.
- Health & Bio
- Pan-European and transatlantic; Europe and the United States
- Fund 4
- 28 Oct 2025
- GHO Capital Partners
- 280.0
Acquires majority stakes in growing French SMEs facing ownership or management transitions and drives value through durable operational transformation.
- Business Services
- France
- Fund 3
- Oct 2025
- Sparring Capital
- 275.0
Acquires majority positions in French defence and security SMEs and mid-caps through LBO transactions and supports their growth.
- Defence & Security
- France
- 23 Oct 2025
- Weinberg Capital Partners
Backs established UK small businesses through management buyouts and buy-and-build strategies, supporting management-led ownership transitions and growth.
- Generalist
- United Kingdom
- GBP
- Fund 2
- Oct 2025
- Coniston Capital Management LLP
- GBP 32m
- 250.0
Takes majority stakes in Spanish lower-mid-market companies and builds larger platforms through international growth and sector consolidation.
- Health & Bio, Business Services, Food & Agri
- Spain: 95% of investment allocations; up to 5% other OECD jurisdictions
- Fund 3
- Oct 2025
- Buenavista Buyout, S.G.E.I.C., S.A.
- CDTI Innvierte, FondICO Global
- 410.0
Majority or significant minority stakes; sector-agnostic.
- Generalist
- Baltics, Poland, Romania and broader EU
- Fund 2
- 16 Oct 2025
- INVL Asset Management / Invalda INVL Group
- 409.5
Technology, compliance, education, healthcare; explicit majority wording not found in close announcement.
- Technology, Health & Bio, Business Services
- not found
- GBP
- Fund 6
- Oct 2025
- GBP 350m; hard cap GBP 350m
- 2,000.0
Verdane calls itself a 'specialist growth buyout investment firm' and invests as 'a majority or minority control investor'; Freya XII plans a mix of majority buyouts and larger minority stakes in European growth leaders (tech-enabled businesses, digitalisation and decarbonisation).
- Technology
- Europe
- Fund 12
- 30 Sept 2025
- 114.0
Growth fund backing best portfolio companies and selective external scale-ups in AI-driven business software
- B2B Software, AI
- Europe
- USD
- Fund 3
- 30 Sept 2025
- Notion Capital
- 300.0
Late-stage deeptech financing (health, climate, agriculture, semiconductors, AI, microelectronics).
- Deep Tech
- Europe
- 29 Sept 2025
- Supernova Invest
- 1,375.0
Scales Nordic B2B software businesses through operational support, networks, and add-on acquisitions.
- B2B Software
- Nordic region
- Fund 5
- 29 Sept 2025
- Monterro
- 350.0
Scale Nordic B2B software businesses with hands-on operational support.
- B2B Software
- Nordic region
- Fund 2
- 29 Sept 2025
- Monterro
- 100.0
Advanced manufacturing, robotics, automation, software; preference for majority stakes.
- AI, Industrial Tech
- Europe
- 26 Sept 2025
- Quadrivio Group
- 1,500.0
Takes controlling interests in European middle-market financial and business services companies, supporting revenue growth and active operational development.
- Business Services
- Europe
- Fund 5
- Sept 2025
- Pollen Street Capital
- 70.0
Mid-market PE in Italian SMEs; control wording not found.
- Generalist
- Italian mid-market SMEs
- 8 Sept 2025
- Komplementa Investment Partners SGR
- 130.0
Takes majority or co-control positions in established regional businesses and scales them through professionalisation, acquisitions and cross-border expansion.
- Health & Bio, Business Services, Consumer
- Romania; Bulgaria; Croatia; Czechia; Poland; Slovakia
- Fund 2
- 3 Sept 2025
- Morphosis Capital Partners BV
- EIF, EBRD
- 88.0
Traditional buyout strategy in sustainable seafood value chain.
- Food & Agri
- not found
- USD
- Fund 2
- 18 Aug 2025
- Bluefront Equity
- more than USD 100m
- 90.0
Majority or significant minority stakes in software, e-commerce and tech-enabled services.
- Technology
- Primarily Poland; wider CEE
- Fund 1
- 12 Aug 2025
- 2,000.0
Invests in European small-cap businesses across services, healthcare, consumer and industrials, with a dedicated pool for smaller development-capital investments.
- Business Services, Health & Bio, Consumer, Industrials
- Benelux; DACH; France; Nordics; United Kingdom
- Fund 4
- 24 Jul 2025
- IK Partners
- 335.0
Buyouts of Italian entrepreneurial companies; Fund IV agreed to acquire a 74.12% stake in Spindox.
- Generalist
- Italy
- Fund 4
- 16 Jul 2025
- Progressio SGR
- 650.0
Growth fund scaling European AI champions
- AI
- Pan-European
- Fund 4
- 16 Jul 2025
- Eurazeo
- 235.0
Management buyouts (MBOs), growth and succession capital.
- Generalist
- Ireland
- Fund 3
- 15 Jul 2025
- MML Growth Capital Partners Ireland
- 303.9
Series B and growth-stage B2B companies, AI and tech infrastructure.
- AI, B2B Software
- Transatlantic (Europe and US); technically a US-registered fund
- USD
- Fund 1
- 14 Jul 2025
- USD 355m secured as of 2025-07-14 (USD 350m external per US filing, USD 5m internal; USD 45m still being raised); target USD 400m (FT report via TechCrunch)
- 160.0
Acquires established Spanish B2B businesses and builds sector platforms through operational transformation, technology adoption, acquisitions and international expansion.
- Business Services, B2B Software
- Spain
- 11 Jul 2025
- Kibo Ventures Partners, S.G.E.I.C., S.A.
- CDTI Innvierte
- 1,069.9
Takes control positions in established corporate, family and founder-owned mid-market businesses, using revenue-led growth to improve profits.
- Generalist
- United Kingdom; Ireland; Benelux
- GBP
- Fund 5
- Jul 2025
- Exponent
- GBP 900m
- 1,000.0
Backs owner-managers; explicit control requirement not found.
- Generalist
- Europe and US
- Fund 8
- 2 Jul 2025
- MML Capital
- 1,000.0
Backing owner-managers in European and US mid-market businesses with tailored solutions for growth and international ambitions (MML release).
- Generalist
- Europe and US
- Fund 8
- 2 Jul 2025
- MML Capital Partners
- 478.6
Partners with founder-led high-growth businesses in the knowledge economy, providing strategic support to accelerate growth.
- Technology, Business Services
- GBP
- Fund 6
- 1 Jul 2025
- Growth Capital Partners
- GBP 411m (final)
- 1,000.0
Software, technology and services in Europe; control wording not found in reviewed extract.
- Technology, Business Services
- Europe
- Fund 3
- 24 Jun 2025
- Marlin Equity Partners
- 830.0
Mid-market corporate carve-outs, platform build-ups and complex buyouts of established companies with operational improvement potential.
- Technology, Business Services, Consumer
- Europe and North America; broader strategy page also mentions the UK, continental Europe, North America and Asia
- Fund 5
- Jun 2025
- AURELIUS
- 205.3
Invests in Nordic lower-mid-market companies and supports profitable growth and business transformation through active ownership.
- Generalist
- Nordic lower mid-market
- SEK
- Fund 7
- 16 Jun 2025
- Accent Equity
- SEK 2250m
- 2,120.0
Acquires majority stakes in profitable founder-owned European service companies with established, scalable business models and pursues buy-and-build growth.
- Business Services, Health & Bio
- DACH; Benelux; Spain; Portugal; United Kingdom; Poland
- Fund 8
- 12 Jun 2025
- Ufenau Capital Partners
- 194.0
Takes majority or controlling minority positions in established Iberian lower-mid-market businesses, supporting operational improvement, expansion and sector consolidation.
- Generalist
- Spain and Portugal
- Fund 2
- 10 Jun 2025
- Queka Real Partners
- 600.0
Supports Benelux founder-led businesses through management buyouts, succession transactions, international expansion and buy-and-build strategies.
- Generalist
- Companies headquartered in the Netherlands and Belgium
- Fund 6
- 6 Jun 2025
- Gilde Equity Management Benelux
- 700.0
Acquires majority stakes in Nordic healthcare businesses across pharmaceuticals, medical technology, specialist pharmaceutical services and related healthcare services.
- Health & Bio
- Nordic lower mid-market
- Fund 2
- 3 Jun 2025
- Impilo
- 1,800.0
Invests in middle-market European software companies and supports founders and management teams in scaling businesses into regional leaders.
- B2B Software
- Dedicated European software markets
- Fund 1
- 3 Jun 2025
- Thoma Bravo
- 500.0
Sector and control wording not found in reviewed announcement extract.
- Generalist
- not found
- Fund 1
- 15 May 2025
- 296.1
Buys established, profitable UK lower-mid-market businesses, using sustainability initiatives, operational improvement and acquisitions to create value.
- Business Services, Technology
- United Kingdom, predominantly regional lower mid-market companies
- GBP
- Fund 5
- 23 Apr 2025
- Palatine
- GBP 254m
- 1,250.0
Partners with entrepreneurs and management teams in Benelux and DACH mid-market businesses, supporting succession, organic growth and acquisitions.
- Generalist
- Benelux and DACH
- Fund 6
- 17 Apr 2025
- Egeria
- 1,500.0
Late-stage and growth-stage technology companies, part of the European Tech Champions Initiative (ETCI).
- Technology
- Europe and North America, European growth-stage tech
- Fund 1
- 15 Apr 2025
- AVP (Atlantic Vantage Point, formerly AXA Venture Partners)
- EIF
- 58.0
Independent European audiovisual production, distribution and broadcasting; manager structures buyout and growth capital, control wording not found.
- Media & Telecom
- EU-27 and EFTA
- 14 Apr 2025
- Axio Capital
- EIF
- 180.6
Makes control investments in founder-led, mission-critical Nordic businesses with asset-light models and strong buy-and-build potential.
- Generalist
- Nordics
- SEK
- Fund 3
- 9 Apr 2025
- MVI Advisors AB
- SEK 2000m
- 4,000.0
Takes majority or control positions in mid-market businesses, primarily in Southern Europe, supporting operational improvement and international expansion.
- Generalist
- Primarily Southern Europe, with selective investments outside the region
- Fund 8
- 3 Apr 2025
- Investindustrial
- 250.0
Growth fund for sustainable tech scale-ups from Series B to IPO
- Climate & Energy, AI, Defence & Security
- Pan-European
- Fund 2
- 2 Apr 2025
- Revaia
- EIF, Bpifrance
- 3,300.0
Backs established European mid-market companies across business services, healthcare, consumer and industrials, supporting growth alongside management.
- Business Services, Health & Bio, Consumer, Industrials
- Benelux; DACH; France; Nordics; United Kingdom
- Fund 10
- 1 Apr 2025
- IK Partners
- 500.0
Builds Nordic lower-mid-market leaders through organic growth and acquisitions, focusing on technology services, business software and scalable business models.
- B2B Software, Technology
- Nordic lower mid-market
- 26 Mar 2025
- Norvestor
- 4,500.0
Backs founder-led European mid-market businesses in technology, digital consumer, education and business services, including buy-and-build strategies.
- Technology, Consumer, Business Services
- Europe
- Fund 6
- 24 Mar 2025
- Oakley Capital
- 440.0
Majority or controlling minority stakes across sectors.
- Generalist
- Primarily Western Europe; United States
- USD
- Fund 3
- 20 Mar 2025
- Quilvest Capital Partners
- over USD 500m
- 3,000.0
Mid-sized companies; flexible solutions for founders and management; control wording not found.
- Generalist
- Western Europe
- Fund 2
- 20 Mar 2025
- 525.0
Consumer businesses; fund-wide control wording not found.
- Consumer
- Netherlands; France; DACH; Belgium; Nordics
- Fund 4
- 14 Mar 2025
- Vendis Capital
- 430.0
Controls or co-controls European mid-market healthcare, consumer and services companies, using an operator-led model to support growth.
- Health & Bio, Consumer
- Pan-European
- Fund 2
- Mar 2025
- bd-capital
- 3,000.0
Targets mid- and upper-middle-market businesses in tech-enabled business services, financial services, and healthcare and life sciences.
- Business Services, Health & Bio
- Europe and North America; allocation by region not stated
- Fund 5
- 5 Mar 2025
- Eurazeo
- 1,616.0
Growth-oriented mid-market businesses; Fund IV majority acquisition documented separately.
- Generalist
- Nordics; DACH
- Fund 4
- 3 Mar 2025
- 2,800.0
Lower mid-cap strategy combining buyouts and growth investments in businesses typically valued between €100m and €300m.
- Generalist
- UK and Europe
- Fund 5
- Mar 2025
- Bridgepoint
- 24.1
Later-stage growth rounds for UK deep tech and life sciences companies.
- Deep Tech, Health & Bio
- UK
- GBP
- 24 Feb 2025
- GBP 20m British Patient Capital cornerstone commitment (Committed); fund size GBP 100m (not labelled target or committed in sources)
- British Business Bank
- 115.0
Growth investor in energy transition: grid tech, installers, sustainable buildings, home energy and industrial decarbonisation.
- Climate & Energy
- Europe
- Fund 1
- 11 Feb 2025
- Junction Growth Investors
- EIF, PMV
- 300.0
Minority or majority growth LBOs and development capital in profitable technology and digital businesses.
- Technology
- France; Southern Europe; Switzerland; Benelux
- Fund 3
- 6 Feb 2025
- 585.0
Digital and technology-enabled businesses; fund-wide control requirement not found.
- Technology
- not found
- GBP
- Fund 3
- 5 Feb 2025
- Mayfair Equity Partners
- GBP 500m
- 191.4
Targets control investments in UK and Irish technology and business-services companies, supporting founder-led growth through flexible ownership structures.
- Technology, Business Services
- Primarily UK and Ireland in the manager's stated strategy; counsel additionally permits Channel Islands and Isle of Man and companies with substantial local business interests or revenues.
- GBP
- Fund 1
- Feb 2025
- Northcote Equity
- GBP 160m (final)
- 300.0
Uses buy-and-build control transactions to scale profitable European companies providing environmental solutions.
- Climate & Energy, Food & Agri, Mobility
- European OECD countries, including Switzerland, the UK and Nordics
- Feb 2025
- Eurazeo
- 337.0
Acquires European businesses and accelerates measurable decarbonisation to improve competitiveness, targeting annual carbon-intensity reductions of at least 7.5 percent.
- Climate & Energy
- European SMEs and mid-sized businesses
- 22 Jan 2025
- Argos Wityu
- 3,200.0
Partners with entrepreneurs to help high-growth mid-sized European companies expand, including through strategic acquisitions.
- Technology, Business Services, Health & Bio
- Major Eurozone economies and Switzerland
- Fund 6
- 21 Jan 2025
- Ardian
- 250.0
Growth equity fund for European B2B tech after product-market fit
- Fintech, B2B Software, Climate & Energy
- Pan-European
- Fund 3
- 9 Jan 2025
- Smartfin
- EIF
- 120.0
Majority and primary LBO and OBO transactions in regional SMEs.
- Generalist
- not found
- Fund 3
- 6 Jan 2025
- ARLANE (formerly Vespa Capital)
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