Vortex Buyouts II fund – initial closing
Vortex Capital Partners (“VCP”) is pleased to announce the initial closing of its Growth Stage Buy-out Fund II (the “Fund”). The target fund size is EUR 35 million, this is sourced from entrepreneurs, family offices and institutional investors.
The Fund is focused on buy-outs and growth investments in small to medium sized innovative companies in the Netherlands and Belgium, with a net turnover typically ranging from EUR 5 million to EUR 25 million.
Evert Jan de Groot, Partner at VCP, comments: “We are excited about our high quality investor base that recognises the value of our investment approach and team with deep expertise in scaling technology driven companies. VCP actively supports the management teams of its portfolio companies in realizing their growth ambitions.”
The first investment of the Fund is CarsOnTheWeb, a leading B2B online auctioneer for used cars within Europe.