Procuritas completes successful fundraising of Procuritas Capital Investors VII (“PCI VII”), raising over €400 million

Procuritas, a private equity firm with the longest track record in Sweden, has raised its largest fund to-date, with €407 million in capital.

PCI VII will continue Procuritas’ successful investment strategy of partnering with small to mid-sized companies in the Nordic region with significant opportunity for growth. The fund will focus on investing in service consolidation platforms, digital consumer, software and niche industrial companies and will support them through market consolidation, digital growth, ESG enhancement and operational improvements.

To emphasise Procuritas’ commitment to sustainability PCI VII will be an Article 8 fund and will rigorously monitor and actively seek to enhance sustainability development of the portfolio companies.

“We are thrilled to have raised more than €400 million for Fund VII, with significant support from our existing investors, which is a testament to the confidence they have in our team and our investment approach,” said Mattias Feiff, Co-Managing Partner of Procuritas. “We believe there are significant opportunities to support our portfolio companies on transformational growth journeys, and we look forward to partnering with exceptional management teams and entrepreneurs to help them achieve their full potential.”

The successful fundraising was achieved despite the global pandemic and challenging market conditions, highlighting Procuritas’ strong track record and long-standing relationships with investors.

Quest Fund Placement has acted as sole placement advisor.