Kreos Capital, a provider of growth debt financing to high-growth companies in Europe and Israel, recently closed its latest growth debt fund, at €400m.
Kreos Capital V, which received commitments from a diverse group of top-tier institutional investors, including a wide range of public and private pension funds, insurance companies, endowments, asset managers, funds of funds and family offices from Europe and the US, will continue the firm’s strategy of supporting the growth ecosystem in Europe and Israel with debt financing solutions.
Alongside equity investors, Kreos provides direct lending solutions to growth companies, across all stages of a company’s development, to address the different needs of growth capital, working capital, acquisition financings, lower mid-market buy-outs, roll-up strategies, banks refinancings
as well as pre- and post-IPO financings.
Kreos V will invest €150-200m per annum from its fund platform to back an additional 100 companies, with direct lending of up to €30m in single transactions and larger total funding as a company develops.
Led by Mårten Vading and and Ross Ahlgren, Kreos has invested more than €1.4 billion in over 400 companies over the last 18 years. Its current portfolio of companies and exits include Altair, Delivery Hero, Bookatable, Westwing, Gett, Heptagon, Mister Spex, Kaminario, ReWalk, Wahanda, Crytek, Fyber, Symetis, Nabriva, Kreditech and SolarEdge.
The firm has offices in London, Tel Aviv and Stockholm.