Last year, Scipio Capital, a Dutch investment company, together with Swanlaab Venture Factory SGEIC SA, a Spanish-Israeli VC management firm, launched a Scipio Swanlaab SF SCR — a fund that will invest in search funds globally.
Recently, the Scipio Swanlaab SF SCR fund announced its first closing with €10M from several institutional investors with extensive experience in this asset class. The fund has a target size of €25M and will invest in 30 searchers and complete 20 acquisitions.
Aitor Sancho, General Partner of Scipio, says, “We are honoured that investors who understand Search Funds, believe in the model, and have real experience acquiring companies through search have trusted us to act as an extension of their activity in this area. There is no greater vote of confidence than when an expert in a field decides to work with you in that field.”
Scipio Swanlaab SF SCR
Operating for six months now, the fund has already completed two strategic acquisitions in Italy and Australia.
The Scipio Swanlaab SF SCR fund’s focus is on buying SMEs that have good growth potential and are facing succession issues in Europe, Asia, the Americas, and Oceania, using a decentralised approach to find unique opportunities.
The second closing is expected within the next nine months, providing a window of opportunity for new investors who wish to participate in this attractive vehicle, managed by teams with proven experience and success.
“With the first closing completed and several acquisitions underway, the fund is already generating value for investors,” says the company in the press release.
Brief about Scipio Capital BV
Scipio Holding BV is an investment company based in the Netherlands focused on investing in Search Funds.
The company has been operating for four years has financed approximately 40 searchers, and has completed 12 acquisitions.
Monte Davis, General Partner of Scipio, adds, “Our goal has always been to seize extraordinary investment opportunities when they arise. We can’t afford to miss a great opportunity just because we haven’t completed our first closing. In this fund, we are personally the largest investor. We have financed the operation with our capital, thus demonstrating
our commitment and long-term focus.”
Brief about Swanlaab Venture Factory SGEIC SA
Swanlaab Venture Factory is a Spanish-Israeli venture capital management firm that began operating in Spain in 2016.
The VC firm aims to be the preferred partner of Spanish entrepreneurs with B2B technology startups, helping them not only with capital but also with a company-building approach that accelerates their scalability and minimises risk factors.
Juan Revuelta, General Partner of Swanlaab, adds, “For Swanlaab, investing in Search Funds is strategic, a natural evolution of our asset management company, and represents a unique opportunity for investors in the Spanish business landscape to participate in a vehicle that, by addressing the succession issues many business owners face, offers solutions with which they will identify.”
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