Capidea Management raises DKK750m

The Danish buyout shop will continue to target SMEs in western Europe.

Capidea Management held a first close on its third institutional fund at DKK750 million. The Danish buyout firm has already surpassed the size of its predecessor vehicle, which raised DDK725m in 2015.

Capidea Kapital III will continue the firm’s strategy of targeting small to medium-sized companies in Western Europe, preferring investments with hold periods of 3 to 7 years. Elm Capital was the placement agent for the fundraise.