– Investindustrial announced the first and final closing of Investindustrial Lower Mid-Market IV at its €1.5 billion hard cap
– Fundraising was completed in under four months
– The predecessor fund, Investindustrial Lower Mid-Market III, raised €1.1 billion in 2023
– The new fund was significantly oversubscribed, with total demand exceeding 150% of the hard cap
– Despite strong demand, Investindustrial maintained strict discipline and capped the fund at €1.5 billion
– The fundraising strategy prioritised existing investors, targeting €1.25 billion
– An additional €250 million allocation was reserved for new investors
– Both pools (existing and new investors) were heavily oversubscribed
– New investors came from North America, Asia, and the Middle East
– European investors remain the core of the investor base
– Long-standing investors, some with over 20 years of partnership, continue to support the franchise
– A majority of Lower Mid-Market investors also participate in the Core Mid-Market programme, enabling deeper co-investment relationships
– Investindustrial brings 36 years of investment experience as an operationally driven mid-market investor
– The firm focuses on European mid-market companies, with a strong position in Southern Europe
– The Lower Mid-Market programme has completed 20 platform investments and 80 add-on acquisitions globally
– Investment strategy targets family-owned B2B and B2C mid-market companies
– Key sectors include industrial manufacturing and healthcare & services
– The firm provides capital, global M&A capabilities, and operational expertise to support international expansion and value creation
– Andrea C. Bonomi, Chairman of the Investindustrial Industrial Advisory Board, highlighted strong long-term investor backing as foundational to building the franchise over 36 years. He emphasised the firm’s ability to scale high-quality mid-market businesses globally, create long-term value, and strengthen its position as a leading mid-market investment platform delivering consistent returns
