Swiss-German growth investor COI Partners has rolled out €120-million fund to focus on deal-by-deal investments in the DACH region. The COIP DACH Growth II SCSp is a Luxembourg-based fund that will target growth companies.
The company, which was earlier called Co-Investor Partners, will invest between €15 million and €30 million in initial and follow-on investments per company. The firm has historically focused on sectors such as IT and software, consumer and retail, life sciences, technology, and industrials, however, continues to pursue an industry-agnostic approach.
The fund will match each future deal-by-deal investment by COI Partners. This will bring the company’s assets under management to over €300 million and strengthen its mission of partnering with outstanding companies and entrepreneurs. Primarily focussing on DACH, the fund will look at growth companies with a proven business model, and positive unit economics, and are ready to scale.
The majority of the fund’s limited partner base is from the DACH region, a strong signal that there is more capital from domestic investors flowing into Europe.
Its current investments include among others circular economy scale up Grover that just recently surpassed $1 billion in valuation. The company has close to 110 other investments and follow-on investments, as well as 40 exits. Successful exits include casualfood, Euroimmun, Fixatti, Mister Spex, NextBike, and Nordsee. Current notable investments include Freaks 4U, Keller Sports, ResearchGate, and TTTech.
Talking about the newly unveiled fund, Dr Farsin Yadegardjam, deal team partner at COI Partners, said: “The launch of COIP DACH Growth II marks 21 years of growth investing at COI Partners, and is a vote of confidence from our investors and network of entrepreneurs in our investment approach. Through our fund and our deal-by-deal investment platform, we are able to offer the long-term partnership, and capital that founders and management teams require to achieve their growth ambitions.”
David Salim, partner responsible for strategy at COI Partners, added: “Building on our entrepreneurial approach and investment platform, COI Partners offers a unique value proposition: a place where entrepreneurs back entrepreneurs to fuel long-term growth. By broadening our investor universe through the new fund, we will have even more flexibility to partner with companies in a defining stage of their growth journey and help them scale innovation.”