Press Release
July 1, 2020

Andera Partners Completes The Single Closing Of Its Sponsorless Fund, Actomezz IV

The Paris Private Equity team assisted Andera Partners on the single closing of its ActoMezz IV sponsorless mezzanine fund, exceeding its initial hard cap of €500 million. This new fund, raised in record time despite the COVID-19 crisis, is the largest completed to date by Andera Partners and 60% bigger than the previous ActoMezz vehicle, which also saw a single closing above its initial hard cap in July 2017 at €315 million.

The fund, which targets unit investments of between €5 million and €70 million, enables company managers to (re)take control of their company through the backing of a financial partner who provides them with all the know-how of private equity while leaving them in control of the capital. ActoMezz IV mainly targets French small and mid-caps but, like Andera’s other investment strategies, does not exclude cross-border transactions, in particular in the Benelux countries, Italy or Spain, all in the context of ambitious growth projects.

The Goodwin team was led by partner Arnaud David on funds aspects and partner Marie-Laure Bruneel on tax aspects.

For more details, read the press release.