- The private equity fund raises its second €175 million fund (Henko Capital Partners II, FCRE) to support Spanish and Portuguese SMEs in growth projects.
Madrid, 7 October 2024. - Less than three years after forming its first fund at the end of 2021, Henko Partners has completed the final closing of its second fund, with a size of €175 million, the maximum amount (hard cap) at which the vehicle was targeted. The EUR 70 million of the firm's initial 2021 vehicle was invested in six companies, which completed fifteen additional acquisitions, consolidating markets in energy, technology and healthcare. Over the past three years, Henko has been one of the most active private equity firms in the Iberian Peninsula's SME market.
Henko has successfully closed its second €175 million fund, after announcing a first €100 million closing in February this year. The new fund will maintain a similar investment strategy, focusing on companies with EBITDA between €2 million and €10 million in four main sectors: energy and sustainability, technology, healthcare and industrial technology. Henko's mission is to back high-growth companies with strong management teams, most often supporting the companies' international expansion. The Henko II fund has already made two investments: Link Consulting, an IT services company based in Lisbon, and Quadrante, a Portuguese leader in engineering. Both companies have already made further significant acquisitions in Spain over the course of 2024.
Lars Becker, Partner at Henko, said: "We are delighted to welcome our new investors and deeply appreciate the trust and continued support of those who have backed us from the beginning. The final closing of our second fund is an important milestone for us and a further step towards building an exciting investment company. We remain committed to identifying exceptional investment opportunities and partnering with high quality management teams."
About Henko Capital Partners:
Henko Capital Partners is an independent private equity firm focused on supporting Spanish and Portuguese SMEs in markets with long-term growth trends. Its strategy is to work with entrepreneurs and management teams to develop high potential businesses. In partnership with companies, the firm drives strategic initiatives and practical operational improvements. As entrepreneurs for entrepreneurs, the firm supports companies to accelerate their growth and transform themselves into more resilient and sustainable businesses. Henko has extensive investment experience and a strong execution track record with over 50 transactions in business services, industrial manufacturing, technology, telecommunications and healthcare. Henko Capital Partners is a responsible investor committed to strict environmental, social and governance principles. Its goal is to contribute to the long-term success of its investors and to foster a sustainable society.
