Perusa Partners, a private equity firm that focuses on lower mid-market special situations in Germany and German-speaking countries, has closed its second fund at €207m.
Investors included pension funds and insurance companies from Australia, the Netherlands, Nordic countries and the US.
Perusa Partners Fund 2 will focus on making majority investments as sole or lead investor in companies with a turnover typically between €30m and €500m, which have a strong business and balance sheet in potentially attractive industries, but face problems or issues requiring special expertise to resolve.
Perusa GmbH was founded in 2007 by Dr. Christian Hollenberg, Dr. Christopher Höfener and Dr. Hanno Schmidt-Gothan.
The team includes experienced professionals with investment and operational backgrounds in expansion, turnaround, external growth through acquisition, succession planning, opening up new markets and spin-offs.