Finnish private equity firm Intera Partners Oy has closed its Intera Fund II Ky with 200 million euro ($291.3 million). Intera said it will continue to invest primarily in Finnish companies with growth potential in their domestic market, or the potential to expand abroad. The firm typically targets profitable companies with turnover between 10 million euro and 100 million euro. The firm closed its first fund in 2007.
Intera Partners Oy (“Intera”) today announces the closing of Intera Fund II Ky at €200 million. Investors in the Fund include leading Nordic and European institutional investors. Intera will continue to invest primarily in Finnish companies that possess substantial growth potential in their domestic market or potential to expand abroad.
Intera aims to invest primarily in Finnish companies that possess growth potential either in their domestic market or abroad. The most common limitations for growth faced by Finnish mid-sized companies are lack of capital needed for expansion as well as limited experience in executing acquisitions and managing international growth. Intera aims to add value in its portfolio companies by removing these limitations through leveraging its expertise in finance and M&A, as well as its industrial and international experience.
Intera’s typical investment targets are profitable companies with turnover of €10-100 million that have not yet reached their full capacity. Intera’s strategy is built on a strong partnership with entrepreneurs and the management teams of its portfolio companies. Intera is generally a majority owner in its portfolio companies and prior owners have often retained a significant minority interest after selling their company to Intera.
From its first fund, Intera Fund I established in 2007, Intera has successfully invested in seven companies, among others Consti, Orthex and Trafotek.
For more information contact: Managing Director Tuomas Lang, tel. +358 40 545 1240, tuomas.lang_a_interapartners.fi, www.interapartners.fi
Intera Partners Oy is a Finnish private equity firm focusing on majority investments in Finnish and Scandinavian companies. We aim to maximise the value of the companies we invest in through growth and improved profitability. Intera is an active owner who works in close co-operation with the management of its portfolio companies to develop them further.