DACH - Finatem reaches EUR 120m for third fund
Finatem has held a first close of its third fund, Finatem III, on EUR 120m, around 80% of the target.
The fund is mainly backed by European institutional investors and German family offices from an entrepreneurial background.
Like the predecessor fund, Finatem III will acquire mid-sized companies in the DACH region with enterprise values between EUR 20m and EUR 50m and turnovers between EUR 25m and EUR 125m.
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