References/15 Dec 2021
Borenius advised Vaaka Partners on raising a new EUR 250 million buyout fund
We advised Finnish private equity firm Vaaka Partners on the formation of Vaaka Partners Buyout Fund IV. This fund is Vaaka Partners’ fourth buyout fund.
The fund raised EUR 250 million of commitments, reaching its maximum size in a swift fund-raising process that lasted less than three months. In addition to existing Vaaka investors, the oversubscribed fund attracted interest also from new international investors. Like its three predecessor funds, this fund will invest in companies that have a strong market position and significant growth potential with a controlled level of risk.
Vaaka Partners focuses on medium-sized Finnish companies and emphasises collaboration with portfolio companies in achieving growth. Vaaka’s portfolio companies have, on average, more than tripled their revenue during Vaaka ownership with half being achieved through organic growth. Current portfolio companies include e.g. the AINS Group, Staria, Framery and Jungle Juice Bar.