Ergon, a Luxembourg-based mid-market investor in Europe, closed Ergon Capital Partners IV, SCSP, with capital commitments in excess of €580m.
ECP IV, which exceeded its target of €500m, attracted investors including blue-chip financial institutions, asset managers, funds of funds, family offices and foundations among others, alongside Sienna Capital, the fully-owned subsidiary of Groupe Bruxelles Lambert, who remained as cornerstone investor.
ECP IV will continue the firm’s strategy of making buyout investments in midmarket companies primarily in the niche industrials, healthcare, retail/consumer goods/luxury and media, services & leisure sectors, located in the Benelux, France, Germany, Italy and Iberia.
It makes equity investments from €25 million up to €75 million.
Led by Wolfgang de Limburg, Managing Partner, and Emanuele Lembo, Managing Partner, Ergon is a mid-market private equity investment company with in excess of €1.0 billion under management. It is advised by Ergon Capital Advisors which has offices in Brussels, Paris, Munich, Milan and Madrid.
Since its inception in 2005, over successive investment programs, Ergon has raised approximately €1.6 billion, invested in 20 companies (of which 6 have been in the Benelux, 2 in France, 3 in Germany, 7 in Italy and 2 in Spain) and completed 43 add-on acquisitions for a total aggregate transaction value in excess of €3.5 billion. The current portfolio consists of 9 companies across its target sectors.