Paris-based small and medium-sized enterprise-focused investment firm CAPZA has announced the final close of its CAPZA 5 Flex Equity fund at €700 million. This number doubles the size of the firms’ previous fund at €350 million.
Since 2004 CAPZA Flex Equity has been providing flexible financing, combining majority and minority capital, convertible bonds, and mezzanine. The main aim of CAPZA funding is to support SMEs in growth and buy-out projects in France, Spain, Germany, and Italy.
“We are confident about the prospects of this new Fund in the current economic environment. Its hybrid model allows us to be agile by investing in equity and/or mezzanine, and in companies in resilient sectors on a European scale,” comments Maxence Radix of CAPZA.
To date, CAPZA has led almost 80 transitions, combining equity and mezzanine, and with its fifth installment which began in September of 2020, has performed six transactions and is 21% invested. These SME’s include Spain’s IMF Business Schools, France’s Ynov Campus, Magellan Partners, Winncare, and MT systems, and Italy’s Eidos Media.
“We are pleased with the loyalty of our current investors who have reinvested at more than 100%, and to welcome new investors as well. With the success of this fundraising and now four strategies focused on equity investments (Flex Equity, Expansion, Growth Tech, Transition), CAPZA is positioning itself as a real player in private equity and wishes to reinforce this strategy in the coming years,” sums up executive chairman and founder Christophe Karvelis-Senn.