
Perwyn opens Paris office, eyes more investment on the continent
UK buyout and growth investor Perwyn has opened a permanent office in Paris, in order to make further investments in France and neighbouring countries.
This marks the first office opened by Perwyn outside the UK. The firm has already made two investments in France: it backed food business Isla Delice in 2018, followed by an investment in digital accountancy business Keobiz in 2020.
The French team will be headed by partner Antoine Vanderhulst, who joined Perwyn in April 2020 and whose background includes a five-year stint leading the grocery channel business at Coca-Cola France. He will be joined full-time in Paris by investment director John Gallagher and associate Julie Pelcener – who have been with the firm since 2014 and 2020, respectively.
Perwyn said in a statement that it was actively looking for new private equity opportunities both in France and Europe more broadly.
The firm relies on evergreen funding and invests across two strategies: Perwyn Growth Capital looks to invest €5-50m per deal in the form of minority equity, flexible debt and venture capital, while Perwyn Private Equity targets buyouts of businesses with enterprise values of €50-250m in the UK and western Europe, where the firm will be the first or second private equity investor.
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