Paris, France-based growth private equity firm Keensight Capital closed its new fund at €250m.
Keensight IV, which was subscribed up to 90% by institutional investors, including pension funds, insurance companies and banks, will continue to back the growth projects of profitable and rapidly growing companies across Europe with revenues of between €15m and €150m. Focusing on Internet and Media, Information Technology, Healthcare, and Services, the fund will invest amounts ranging from €10m to €30m and take both majority and minority shareholder positions by structuring operations with or without leverage.
Led by Jean-Michel Beghin, Managing Partner, the Keensight Capital team has completed investments in Smile, a provider of open source solutions, Menix, a French developer of dual mobility hip prostheses, and Labelium, an international player in performance-based online marketing, sold its stake in Octo Telematics, a global leader in telematics services for the automotive market, in FircoSoft, the world leader in software solutions for filtering banking transactions, and supported LDR Medical, a manufacturer of spinal implant devices, in its flotation on the Nasdaq.
FinSMEs
15/10/2014