– 365 Capital, an Amsterdam-based private equity firm focused on the Dutch lower mid-market, announces the final close of its second buyout fund, 365 Capital Fund II, at €255 million in October 2025, exceeding its target.
– The first platform investment of Fund II was completed earlier in 2025.
– Strong backing comes from returning and new investors, including local institutional LPs, family offices, and entrepreneurs.
– Fund II follows approximately four and a half years after Fund I’s final close in April 2021, which raised €165 million.
– Fund I has built a portfolio spanning industrial manufacturing, business services, software, education, and consumer goods.
– Fund II continues Fund I’s strategy: combining local deal access, disciplined underwriting, and hands-on partnerships with founders and management teams.
– The goal is to create long-term, sustainable value by accelerating growth and optimizing profitability.
– Targets majority investments in founder- and management-led businesses headquartered in the Netherlands.
– Equity tickets typically range between €15 million and €40 million, with a sweet spot of €20–30 million.
– Focuses on partnership-driven transactions emphasizing alignment and entrepreneurial collaboration.
– Often addresses management succession during the holding period to ensure sustainable leadership continuity.
– Success attributed to a high-quality, ambitious team driven by intrinsic motivation and a shared commitment to excellence.
– Firm culture emphasizes partnership, energy, and fun as essential elements of long-term success.
– This mindset extends to interactions with management teams, advisors, and long-term partners. Managing Partner: Boudewijn Molenaar and and partners: Reinaert Molenaar, Hayo van Houten, Steven Albers.