The Private Investment Funds team advised Longship on the first and final closing for Longship Fund III LP, hitting it’s hard cap of NOK 2.1 billion (c. €200 million). The fund closed in four months with a 100% re-up rate from investors.
Based in Norway, Longship is a leading private equity company investing in the Norwegian lower mid-market. Since its establishment in 2015, Longship has made 14 platform investments, 45 add-ons and exited four businesses delivering top quartile performance.
The Goodwin team was led by Ed Hall, Ben Yeoh, Jack O’Callaghan and Laura Kelly with support from Laura Charkin and Lisa Pearson.
For additional details, please read the press release.