02/04/2024

Henko raises its second fund and increases the size of its first fund to support fast growing Spanish and Portuguese SMEs

  • Henko Partners successfully completes the €100 million first closing of its €150 million second fund (Henko Capital Partners II, FCRE)
  • In parallel, the firm increases the fund size of its first fund (Henko Capital Partners I, FCR) from €70m to €100m to further support the inorganic growth of its portfolio companies
  • The private equity firm aims to provide financial and operational resources to support Spanish and Portuguese lower middle market companies in industries with long-term growth trends 

 

Madrid, April 2nd 2024. – Founded in 2021, Henko Partners is a Spanish private equity firm focused on supporting the growth and internationalisation of companies in the lower middle market segment in Spain and Portugal. The firm focuses on partnering with ambitious entrepreneurs and management teams and Henko provides both financial and operational support.

In less than three years, Henko Partners has established itself as a relevant player in the Spanish and Portuguese private equity markets. The firm has successfully invested its €70 million first fund across six platforms including nine add-on acquisitions. In March 2024, Henko secured a €30 million extension of its first fund growing to €100m to continue to support the inorganic growth of its portfolio companies.

Simultaneously, Henko reached a €100 million first closing for its second fund, with a hard cap of €150 million. This second fund will pursue a similar investment strategy as fund I, focusing on companies with EBITDA from €2 to €6 million across four strategic verticals: healthcare, technology, sustainability, and industrial automation. Its objective is to support high growth businesses with strong management teams and international ambitions.

Lars Becker, partner at Henko, said: “We are delighted to welcome our new investors and appreciate the trust and continued support of our existing investors. The extension of our first fund and the first closing of the second fund are major milestones for us. We remain committed to identifying exceptional investment opportunities and partnering with high-quality management teams”.

 

About Henko Partners:

Henko Partners is an independent private equity investor focused on supporting outstanding Spanish and Portuguese mid-cap companies in markets with long-term growth trends. The firm partners with strong entrepreneurs and management teams to develop successful businesses and actively engages with its portfolio companies to execute long-term growth plans. As entrepreneurs for entrepreneurs, Henko aims to support companies with accelerating growth and transforming them into more resilient and sustainable businesses. Henko is a responsible investor committed to strict environmental, social, and good governance principles. We aim to contribute to the long-term success of our investors and to a sustainable society.

For further information please visit www.henkopartners.com

 


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· Private equity experience across Spain, Portugal, UK and Germany.

 

· Previously partner at Sherpa Capital, Spanish Private Equity with > €350m of assets under management (2020) focused on SMEs in Spain and Portugal.

 

· Partner at DPE Deutsche Private Equity, private equity fund targeting SMEs with €1.2bn of assets under management (2017).

 

· Morgan Stanley Capital Partners.

 

· MPA Harvard University, BSc from LSE London School of Economics.

Lars Becker

Partner

· Former EY Strategy and Transactions Analyst, providing corporate finance solutions in strategic advisory, valuation, m&a, financial restructuring and due diligence.

 

· Previous experience at UBS and Deutsche Bank.

 

· Master in Finance from IE Business School.

 

· Double degree in Business Administration and Actuarial Science from URJC.

Daniel Largo
Analyst

· Previously Investment Associate at Sherpa Capital.

 

· Previous experience at BBVA and Amazon.

 

· Master's Degree in Industrial Engineering from ICAI (Universidad Pontificia Comillas)

Pablo Fernández
Associate

· Extensive experience in finance and management control.

 

· Previous experience as CFO and Client Operations Director at Jones Lang Lasalle, Bouygues and Carrefour, proven ability to implement action plans and process reengineering to improve the company performances.

 

· Degree in Business Administration from Universidad Autónoma de Madrid and MBA by IE.

Vanesa Valentín
CFO

· João has a strong background in M&A advisory services in the Portuguese and Spanish markets.

 

· João started his career at KPMG Portugal providing corporate finance and M&A advisory services and he has also worked at Alantra´s Credit Portfolio Advisory division. 


· João has a MSc in Management and Finance from Cass Business School and a BSc in Business Administration from Católica Lisbon School of Business and Economics.

João Oliveira
Associate

· Extensive private equity experience.

 

· Previously Investment Executive at Sherpa Capital.

 

· Previous experience at Ferrovial and Clearwater.

 

· Business Administration and Management Degree from Universidad de Navarra.

Íñigo Urbón

Director

· Extensive private equity experience.

 

· Previously Investment Associate at Sherpa Capital.

 

· Previous experience at H.I.G. Capital and McKinsey & Company.

 

· Business Administration Degree and MSc in Finance from ESADE Business School.

Jules de Meeûs
Associate

· Extensive private equity experience.

 

· Previously Investment Executive at Sherpa Capital.

 

· Previous experience as an Assistant Manager at Deloitte Corporate Finance, participating in M&A transactions, debt raising and restructuring transactions; and Garrigues, leading Spanish law firm.

 

· Double degree in Law and Business Management (taught in English) from Universidad Pablo de Olavide.

Ricardo Mellado
Vice President