– Morphosis Capital Partners BV announces final closing of Morphosis Capital Fund II at €130 million
– Fund II oversubscribed beyond hard cap, size increased with investor consents
– Backed by European Investment Fund (EIF), EBRD, IFC – International Finance Corporation, institutional asset managers, and €50+ million in entrepreneurial capital from Romanian and Western European founders
– Managing Partner Andrei Gemeneanu highlights the achievement of closing €130m amid global volatility, validation of regional growth opportunities despite uncertainty, and commitment to performance, reputation, and ecosystem responsibility
– Fund II will invest in SMEs in healthcare, B2B services, consumer products and retail, and niche manufacturing
– Target companies with EBITDA between €1–5 million
Investment tickets between €10–15 million
– Preference for majority stakes or co-control positions, with or without co-investors
– Geographic focus on Romania, plus Bulgaria, Croatia, Czechia, Poland, and Slovakia
– Fund II investments so far: Romania Education Alliance (K12 education), La Cocos (hard discounter hypermarket), EnduroSat (satellites and space services, first investment outside Romania)
– Anticipates 2–3 new investments annually over the next 2–3 years
– Selection focus on businesses in growing, fragmented markets with scaling potential, strong financials, solid culture, and clear M&A exit opportunities
– Morphosis Capital is the only Romania-focused PE firm with EIF, EBRD, and IFC backing
– EIF’s participation supported through NRRP and InvestEU Fund of the EU
– Additional support from local and international family offices including Vybros Capital Partners and Inspire Asset Management
– Operation funded by EU – NextGenerationEU, backed by Government of Romania under Romania Recovery Equity Fund, with additional support from EU InvestEU Fund
