Chequers Capital Closes $1.23B Fund

Paris-based buyout shop Chequers Capital has closed its newest fund, Chequers Capital XVI, with 850 million euros ($1.23 billion). The firm exceeded its initial 800 million euro target for the fund. Chequers focuses on buyouts of French mid-market companies across a range of sectors. The firm typically backs companies with between 30 million euro and 300 million euro enterprise value, with typical equity investments of 20 million to 100 million euros.

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