Brockhaus Private Equity has announced it will not raise another fund, as newly formed holding company Brockhaus Capital Management is aiming to raise €150m and is ultimately planning an IPO.
Charcoal and natural additives company saw final bids from two banks and one direct lender
VCs including the Swiss Entrepreneurs Fund, BtoV and Ringier Digital Ventures also participated
Around 40 existing and new LPs, including British Patient Capital and the EIF, participated
Fund will invest in buyouts, recapitalisations and carve-outs of both profitable and underperforming businesses