Last year’s closings of EQT VI (€4.75bn) and HitecVision VI ($1.5bn) were not only the largest ever funds raised in their respective countries, but also signs of international interest in the region – both attracted significant global capital.
Austria-based electrical engineering company had filed for insolvency in April 2020
VC house expects to hold a €35-45m first close by the end of July and a final close in around one year
LPs in Exponent III include Aberdeen Standard Investments, Central Pension Fund and CNP Assurances
Company has generated €12m in revenues and has a 25% EBITDA margin