Miura Partners closes Fund IV at its hard cap of €475 million
– Miura Partners, a Spain-based private equity firm, has closed its fourth flagship fund, Miura Fund IV, at its hard cap of €475 million (US$528 million).
– This year, Miura has raised a total of €800 million, marking a significant fundraising milestone.
– Miura launched its debut impact fund earlier this year, securing €135 million in commitments. They also established Dent&Co, a €200 million single-asset continuation fund aimed at supporting growth in Proclinic Group, a specialized dental distributor.
– The three fundraises received robust backing from new and existing investors, including commitments from institutional LPs across Europe, North America, and Asia.
– Miura Fund IV is 44% larger than its predecessor (€330 million) and attracted over €259 million from new investors to the Miura platform.
– Fund IV will focus on family-owned businesses and SMEs in niche industries in Spain and Portugal. It plans to invest equity tickets ranging from €20-50 million, seeking to acquire controlling stakes in sectors such as healthcare, education, business services, consumer goods, and industrial niches.
– The strategy emphasizes replicable transformation through consolidation, internationalization, and organic strategic initiatives.
– Fund IV has already invested in two companies, including Proclinic Group, in conjunction with Dent&Co.
– Rede Partners LLP advised Miura Partners on the fundraising for Miura Fund IV and Miura Impact Fund.
– Luis Seguí Founding Partner and CEO at Miura, commented: “We are incredibly grateful for the trust our investors have placed in us, especially in a challenging global fundraising environment. These successful closes reflect our proven ability to partner with founders and management teams in the Iberian mid-market space, and to drive sustainable growth and value creation. We are excited about the early successes of Fund IV and look forward to continuing our work with purpose-driven businesses across the region.”