€450m for Finnish and Swedish buyouts: Intera closes Fund V

Helsinki-based private equity firm Intera Partners has announced the final closing of "Intera Fund V" at its hard cap of €450 million. The initial target had been €375 million. The law firm Loyens & Loeff, which provided advisory services for the fund's launch, has confirmed both the "hard cap" and the original target volume.

The fund makes buyout investments in entrepreneur-led Finnish and Swedish companies within the services and technology sectors, with a focus on growth, scaling, and international expansion.

Intera’s own communications provide details on its three preceding funds:

• "Fund III" closed on December 23, 2016, with a volume of €250 million.
• "Fund IV" reached a volume of €335 million on June 21, 2021.
• "Fund V" has now closed at €450 million.

Each fund is approximately 34% larger than its predecessor.