Focusing on cybersecurity and FinTech
In brief:
- Investcorp manages $52 billion in assets and has 14 offices in the US, Europe, GCC and Asia, including India, China, Japan and Singapore. Its previous $400 million fund drove the sucesses of softgarden, Avira, Ageras and Impero.
- The fund will look to take controlling stakes in companies with around $10 million or more in revenues and positive EBITDA that require equity investments of between $30-75 million, often as the first institutional investor.
- Investments from the newest fund have already started with its recipients including VEDA, HWG Sababa, Zift Solutions and NetRom.
What does this mean?
Gilbert Kamieniecky, Head of European Private Equity at Investcorp, said: “We are excited to announce the final close of ITP V today. Over the past 20 years, we have developed a proven formula for investing in B2B technology businesses in the lower middle market that has enabled us to consistently achieve attractive returns for our investors.
