[Funding alert] Belgium’s Fortino Capital Secures Second PE Fund at €377M
Dec 9, 2023 | By Team SR
Belgium’s Fortino Capital Secures Second PE Fund at €377M. Fortino Capital’s new PE II fund has made 4 investments in software companies including Van Roey (BE), Speak Up (NL), Symbio (DE) and Addactis (FR/BE) and has already realized one early exit.
This fund is looking to establish long term partnerships with passionate entrepreneurs who have the ambition to accelerate the scaling of their businesses.
Read also - Paris-based Generative AI Start-up Kleep Secures €1.8 Million in Funding
The Software As A Service market is very dynamic, offering lots of opportunity. Multiple forces of change and innovation are at play. As specialists in the domain, Fortino is well equipped to underwrite valuations with insight and bring the operating support to accelerate growth.
RECOMMENDED FOR YOU
[Funding alert] London-based Anima Secures €11 Million in Series A Round Funding
Team SR
Mar 19, 2024
[Funding alert] Berlin-based Yendou Raises €1.2 Million in Pre-Seed Funding
Team SR
Feb 28, 2024
Fortino Capital aims to make a positive contribution by leveraging its international network, C-level and entrepreneurial experience and by sharing best practices amongst its portfolio of B2B SaaS companies. It also grants access to its own talent acquisition resources that help its portfolio attract the right talent.
Read also - Munich-based Scalable Capital Secures €60M in Series E Extension Round Funding
Duco Sickinghe, Executive Chairman of Fortino Capital: “We are pleased to announce at the occasion of our 10th anniversary, that we have successfully closed our second PE fund. We are grateful for the trust and support of so many loyal investors that have extended their commitment to Fortino and we are warmly welcoming our new Belgian, Dutch and German investors.”
Renaat Berckmoes, CEO of Fortino Capital: “This fund will allow us to accompany more founders and management teams on their quest for growth and building better companies. We are targeting investing in at least 15 B2B software platforms across Europe. We have a well filled pipeline and expect to be able announcing some further investments early next year.”
About Fortino Capital
Fortino Capital is a European investment company with a focus on high-growth B2B software solutions managing two private equity growth funds and two venture capital funds. With offices in Belgium, the Netherlands and Germany, Fortino backs exceptional and ambitious entrepreneurs in Europe.
Read also - London-based atla Secures $5M in Seed Round Funding