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Eqvitec Partners holds final close of the third mezzanine fund at EUR 103 million

April 2nd, 2009

Eqvitec´s third mezzanine fund, Eqvitec Mezzanine Fund III, reached its target size of EUR 103 million. Eqvitec Mezzanine Fund III has attracted new investors as well as received support from the investors of previous funds. Among the key investors of the new fund are European Investment Fund, Nordic Investment Bank, The State Pension Fund of Finland, Finnish Industry Investment, Suomi Mutual Life Assurance Company and Selected Mezzanine Funds I Ky managed by Pohjola Private Equity Funds Oy. The new fund increases the total capital base Eqvitec advises to EUR 544 million.

Eqvitec Mezzanine Fund III is a mezzanine fund investing in small and medium sized companies in the Nordic countries. As with the previous mezzanine funds, the investment strategy of the new fund will emphasize participations in buyouts, recapitalizations, and financing transactions supporting organic and acquisitive growth.

“Due to the current credit crunch in the banking sector, market conditions are very favorable for mezzanine financing. The fundraising was very successful despite the challenging environment. We are particularly pleased to have a number of new investors in our fund and we even exceeded the original target size of the fund”, comments Pertti Nurmio, Senior Partner and Head of Mezzanine at Eqvitec.

“To deploy the excellent market opportunity for mezzanine we decided to increase the fund size compared to the earlier funds. The sector focus of the fund is also broader. Our new fund is uniquely positioned in addressing the growing demand for mezzanine in small and medium sized buyout transactions. We operate in the Nordic market supporting primarily small and medium sized buyout funds and other equity providers”, says Pertti Nurmio.

“Eqvitec Mezzanine has established itself as one of the leading players in the Nordic market. This is already the third mezzanine fund raised by Eqvitec and demonstrates that earlier funds have been great successes, comments Kimmo Jyllilä, Managing Partner of Eqvitec Partners Oy.

Eqvitec’s previous mezzanine fund, which was closed at EUR 53 million in 2005, is fully invested in eight companies and has completed its investment period.

For further information, please contact:

Pertti Nurmio, Senior Partner, Head of Mezzanine, Eqvitec Partners Oy,
tel. +358 50 5502324,

Kimmo Jyllilä, Managing Partner, Eqvitec Partners Oy,
tel. +358 40 5025105, kimmo.jyllilä

About Eqvitec Partners Oy
Eqvitec Partners Oy is a privately owned and independent Nordic private equity firm. The company was founded in 1997 and employs 15 investment professionals in Helsinki and Stockholm. Eqvitec Partners currently advises six funds with the total capital base exceeding 540 million euros. At the moment the funds have investments in 40 companies and have carried out 40 exits. More information can be found at

Publisher Contact Information:

EQVITEC Partners Oy
+358 50 5502324

Company profile of EQVITEC Partners Oy
Past press releases of EQVITEC Partners Oy.


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