Intera announces EUR 450 million buyout fund Intera Fund V with focus on growth investments
Intera Partners has today announced its fifth fund at the hard cap of EUR 450 million, exceeding its target of EUR 375 million. Intera Fund V attracted a diverse and international investor base and represents the largest Finnish buyout fund to date.
The new fund will continue Intera’s strategy of investing in Finnish and Swedish entrepreneur-led services and technology companies with significant potential to scale and internationalize. Intera’s distinctive strength lies in helping these businesses achieve sustainable growth and become large, internationally successful companies. Intera’s portfolio companies have on average quadrupled their sales during Intera’s ownership. Building on nearly 20 years of experience, 37 investments and a strong track record with companies such as Cervi, Kreate, PHM Group, Rantalainen, Renta and Roima, the increased fund size will enable Intera to support even more ambitious growth journeys.
Intera Fund V welcomes a range of international investors comprising foundations, pension funds, insurance and institutional funds of funds, while maintaining strong support from Finnish investors who increased their commitments from Fund IV. The fund includes a mix of existing long-term investors and new institutional partners, with a majority of commitments coming from existing investors.
Driven by strong demand, the fund reached its hard cap at an oversubscribed final close swiftly after its launch in March, reflecting Intera’s strong historical performance, long-standing investor relationships and attractive positioning in the Nordic mid-market buyout segment. Intera is widely recognised by international investors as a leading private equity firm in Finland.
“We are extremely grateful for the strong interest in Intera Fund V. We would like to thank both our existing and new investors for their support. Our strategy remains unchanged – we continue to partner with ambitious growth companies and help them scale and expand internationally. With the larger fund, we can further strengthen our role in accelerating the growth of Nordic market leaders,” says Juhana Kallio, Managing Partner of Intera Partners.
Intera has built a proven and repeatable platform for scaling local Finnish and Swedish companies into Nordic leaders, with around 500 add-on acquisitions completed, 70% of portfolio companies having expanded internationally, and 4x total portfolio sales growth under Intera’s ownership. Going forward, Intera will continue to focus on building leading companies through active ownership, leveraging its proven value creation approach.
The Intera Fund V fundraise was advised by Piper Sandler and Borenius Attorneys.
Further information:
Juhana Kallio
Managing Partner, Intera Partners
+358 40 526 6629