Vendis Capital surpasses fundraising target of €450m for fourth fund with expectations to reach hard cap by year-end

Vendis Capital surpasses fundraising target of €450m for fourth fund with expectations to reach hard cap by year-end

 

Vendis Capital, the European specialist consumer industry private equity firm, is pleased to announce that it has surpassed its initial fundraising target of €450 million for Vendis IV in less than twelve months since initiating its capital raising activities.  Following the most recent closing round, Vendis IV has secured aggregate commitments of more than €500 million, with strong confidence that it will reach its hard cap of €525 million before the end of the year.

This significant fundraising milestone reflects robust re-commitment from Vendis’ existing investor base, alongside notable participation from new investors. Vendis IV includes commitment from entrepreneurs and reputable family offices  as well as from blue chip asset managers, pension funds, insurance companies and fund of funds underscoring the growing institutional interest in Vendis’ unique investment strategy.

Strategic Growth in Core Markets
Vendis Capital partners with  ambitious consumer-focused businesses, providing growth capital and strategic support to facilitate their international scaling, their channel as well as category extension through organic and buy-and-build growth. The firm’s investment approach emphasizes the development of high-quality companies across selective consumer sub-sectors, within Western Europe, with a specific focus on Belgium, the Netherlands, France, the DACH region, and the Scandinavian countries.

Vendis IV has already allocated ca. 25% of its capital to three transactions and is experiencing a strong pipeline of attractive opportunities. The fund is positioned as an Article 8 fund under the EU SFDR reflecting Vendis’ continuous focus on ESG aspects and active support to its portfolio companies in this field.

Managing Partners Michiel Deturck and Cedric Olbrechts stated, “We are thrilled to receive such overwhelming support from both our existing and new investors. This strong endorsement of our investment strategy reinforces our ability to create value in the consumer space. As we continue to identify compelling opportunities in our core markets, we remain dedicated to delivering strong returns and nurturing leading consumer brands.”

Vendis partnered with PJT Park Hill on this fundraising. Allen & Overy Shearman Sterling LLP acted as fund counsel.