With its mix of family-led firms, hidden champions and mighty SMEs, the European middle market — firms with roughly €15-€150m in EBITDA — is the continent’s top segment for buyout activity.
But competition is fierce, and not every fund that takes on this segment will come out a winner.
The difference between the annual net returns of first- and third-quartile funds in this space in Western Europe is more than 15 percentage points, according to private equity data provider Cobalt. It’s one reason we at Moonfare take our commitment to only offering top-tier funds to our clients very seriously.
To learn more about the European middle market as a territory for buyout funds, please download our latest specialist article. It takes a macro and firm-level view of the category and offers some analysis of the early impact from Covid-19.
Interested in opportunities to invest in European middle market buyouts funds? please contact our team or complete your profile on Moonfare.com.