WAD Capital

All figures cover the European funds tracked here since 1 January 2025, whether closed or still raising, and are compiled from public sources.

Tracked funds

1

Reported volume

€68m

Latest public closing

3 Sept 2026

Reported volume sums the public fund amounts tracked here, not the manager's firm-wide assets under management, so it may differ from totals on the manager's website.

WAD Capital is a Ghent-based private equity firm acquiring European SMEs facing ownership succession and partnering them with experienced operators.

Focus: Acquisition of established European SMEs, typically with EUR 1 to 5m EBITDA, facing ownership succession.

WAD Capital announced a first close of its debut fund at EUR 67.5m in July 2026, with a EUR 130m target and EIF backing, per the EIF.