Ufenau VI closes at hard cap of 560 million euros
Zug (Switzerland) — The funds Ufenau VI German Asset Light (incl. co-investment funds) advised by Ufenau Capital Partners with a volume of EUR 560 million have been successfully closed. Like their predecessors, the funds were heavily oversubscribed.
In addition to more than 50 well-known entrepreneurial personalities who belong to the network of Ufenau Industrie Partner, the circle of investors could again be supplemented by further institutional “blue chip” investors from the USA, Europe (including England) and Asia.
Ufenau VI follows the identical investment strategy as its successful predecessor funds. The focus is again on majority investments in “asset light” service companies in Germany, Switzerland and Austria with revenues of 15 — 150 million euros and profitable business models, active in the 5 sectors: Business Services, Education & Lifestyle, Healtcare, IT and Financial Services. A systematic buy & build strategy supports the organic growth of the companies.
In total, the new fund is aiming for a further 10 — 12 investments in the D/A/CH region over the next few years. In parallel with the expansion of the business activity, the team has been greatly enlarged and now comprises five partners and a total of over 20 investment professionals.
Ralf Flore (photo), Managing Partner: “We are very pleased that due to the pleasing developments of our portfolio companies, the development of our team and sustainably successful investment strategy, existing and also renowned new investors have placed their trust in us. On this basis, we will remain the preferred partner for, among other things, succession situations in German-speaking countries in the future.”
AXON Partners, based in Zug and London, again acted as exclusive placement agent for the fundraising.