Jersey (Channel Islands) / London (United Kingdom), 30 July 2018 – Triton Smaller Mid-Cap Fund ("TSM") successfully completed its fundraising at €448 million, ahead of the €350 million target. Fundraising began in 2017. The fund is the first dedicated investment vehicle investing in the smaller mid-market that will be advised by Triton.
TSM seeks to invest in mid-cap companies through a typical equity investment of €20m to €50m. Companies in this market segment represent the economic backbone of the main geographies Triton has been operating in since it was founded in 1997, namely the German-speaking and Nordic regions. Triton has a successful history of investing in and supporting companies in this space. With TSM, Triton operates with a separate fund and a fully dedicated investing team, based in Frankfurt and Stockholm, that focuses on this market segment.
“The TSM fund invests in fundamentally sound companies that either have further growth and/or development potential or are facing temporary challenges. TSM operates in the sectors we know best, i.e. the industrials, business services and consumer / health sectors. We feel and act as entrepreneurs. As such, we partner with management teams, entrepreneurs and other stakeholders, to jointly develop businesses even further. In this partnership, we seek to contribute capital, but also our platform’s resources and expertise, e.g. support for expansion into Asian markets and participation in our purchasing platform. Our fund gained support from both existing and new investors from multiple geographies,” said Andi Klein, TSM Investment Advisory Committee member and Investment Advisory Professional.
About Triton Partners
Founded in 1997 and owned by its partners, Triton Partners is a leading European mid-market sector-specialist investor. Triton Partners focuses on investing in businesses that provide mission critical goods and services in its three core sectors of Business Services, Industrial Tech, and Healthcare.
Triton Partners has over 150 investment professionals and value creation experts across eleven offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.