Intera Partners Closes Fund IV at €335m in three-month fundraise

Intera Partners Closes Fund IV at €335m in three-month fundraise

Intera Partners, the Finnish growth-orientated private equity firm, has today announced the first and final close of its fourth fund (Intera Fund IV) at €335 million. The oversubscribed Fund surpassed its €300m target, closing at the hardcap.

Intera's investment strategy has been developed and refined in response to the significant need for active private equity capital in the Finnish lower mid-market, driven by entrepreneur-led businesses looking for a partner with the ability to drive ambitious growth and internationalisation.

Investors in the new Fund were attracted to Intera’s ability to unlock access to proprietary deal flow and proven approach in scaling businesses. By removing barriers to growth, enhancing leadership resources, and driving value creation through buy and build and internationalisation, Intera creates stronger, larger, and more institutionalised businesses. The Fund will focus on Finnish investments and select Swedish investments targeting attractive service sectors where Intera has built domain expertise and achieved outstanding performance.

Intera Fund IV received strong support from its existing investors alongside substantial new commitments from European investors. This includes public pension funds, government agencies, wealth managers, and family offices. The Fund holds commitments from a diversified pool of investors within the Nordics, France and DACH, further internationalising the investor base.

The closing of Intera Fund IV follows successful exits in early 2021 including the IPOs of Sitowise and Kreate and the sale of Rototec as well as recent investments in Galena Pharma and Midagon.

We are delighted to act as Intera's fundraising advisor, supporting Intera who managed the investor engagement directly.