Enterprising Finance announces the first close of The Netherlands Unitranche Fund SCSp with close to €78 million in commitments from a diversified group of European institutional and private wealth investors.
The Netherlands Unitranche Fund will provide unitranche facilities to lower middle market businesses active in the Netherlands.
The unitranche facility sizes generally range between €5 million and €30 million to businesses with an EBITDA of €2 million to €10 million across a diverse range of industries. Enterprising Finance will support businesses that seek capital to grow, expand through acquisition, buy out minority or majority shareholders, or are looking to replace existing capital providers that wish to exit.
Enterprising Finance was founded by a team of lower middle market finance professionals. On average, each team member has 20+ years of experience in investment opportunity sourcing, structuring and portfolio management, having collectively completed in excess of €2 billion of capital during their careers to date.
The Enterprising Finance team is delighted to have launched the largest fully independent unitranche facility fund in the Netherlands and greatly appreciates the support of its investors. “We are keen to develop a portfolio of unitranche facilities to high quality lower middle market businesses in the Netherlands. If you look at their innovation, international reach, growth pace and ownership development, Dutch lower middle market businesses are very well positioned amongst their European peers. They are the backbone of the culture of international trade and entrepreneurship of The Netherlands. We are excited to introduce this versatile financing instrument to the capital market for this segment of the economy.”
Active dialogues with investors continue as the team works towards a final closing of the Fund.
For more information about Enterprising Finance, visit https://www.enterprisingfinance.nl/, or contact us at +31 (0)23 302 0455.