Vendis Capital raises €300m

The European private equity investor closes third growth fund at target.

Vendis Capital has held a first and final close of its third fund, Vendis Capital III, at its €300 million target. The fund will continue to pursue the same strategy as its predecessors, investing in small to mid-market growth companies operating in the consumer sector in Benelux, France, DACH, and Scandinavia.

Vendis Capital III received support from new and existing institutional investors and family offices.

The firm’s second fund, Vendis II, held a final close at €180 million in May 2016 and is now fully invested.