{"id":2528,"date":"2018-07-18T09:35:22","date_gmt":"2018-07-18T07:35:22","guid":{"rendered":"https:\/\/www.anderapartners.com\/?p=2528"},"modified":"2020-10-07T19:57:19","modified_gmt":"2020-10-07T17:57:19","slug":"winch-capital-4-a-first-closing-of-e360m-for-andera-partners-mid-cap-fund","status":"publish","type":"post","link":"https:\/\/www.anderapartners.com\/en\/winch-capital-4-a-first-closing-of-e360m-for-andera-partners-mid-cap-fund\/","title":{"rendered":"WINCH Capital 4: a first closing of \u20ac360m for Andera Partners mid-cap fund"},"content":{"rendered":"

Andera Partners has closed Winch Capital 4,\u00a0a mid-cap fund,\u00a0surpassing its initial target of 350 million euros. \u00a0\u00a0In its first fundraising as an independent management company,\u00a0 Andera Partners has confirmed its position as a key player in the financing of SMEs and mid-cap companies in France and in Europe.<\/strong><\/p>\n

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Paris, 18 July 2018 \u2013 After successfully completing the recent rounds of financing for Cabestan Capital 2, ActoMezz 3 and BioDiscovery 5, Andera Partners is pursuing the renewal of all of its funds by closing the 1st<\/sup> round of financing for WINCH Capital 4, intended for financing SMEs and mid-caps primarily in France and in Italy.<\/p>\n

This first closing comes only 3 months after the management company becoming independent of its historical shareholder, the Edmond de Rothschild group, and is a vivid display of investors\u2019 renewed trust in WINCH Capital funds. The underwriters present in the previous funds, including EIF, BPI France, Sogecap, BNP Paribas Cardif, UMR or even MACSF took stakes that were in fact significantly higher than those in the previous fund, while new investors are entering the fund for this round of fundraising. Having raised more than 360 million euros<\/strong>, the fund has now surpassed its initial target of \u20ac350m and the size of the previous WINCH Capital 3 fund (\u20ac300m). The final closing should be announced during the second half of the year.<\/p>\n

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\u201cThe WINCH<\/em> Capital team has carried out a remarkably successful fundraising, <\/em>explains Pierre-Yves Poirier, managing director at Andera Partners and one of 5 WINCH Capital partners. It is also extremely encouraging for all of the Andera Partners as they strive to reach their growth objectives.\u00a0<\/em>\u201d<\/p>\n

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The success of this fundraising clearly rewards the performance of the team of 5 partners present on the French market for nearly 20 years, Sylvain Charignon, Antoine Le Bourgeois, Fran\u00e7ois-Xavier Mauron, Pierre-Yves Poirier and Laurent Tourtois. The mission of the WINCH Capital funds is to provide support to the executives-shareholders of growth companies to allow them to scale up quickly. This strategy applies to SMEs\/mid-caps of from \u20ac30m to \u20ac300m in which WINCH Capital has taken either minority or majority stakes, and in which it is investing between \u20ac12m and \u20ac40m, with the capacity to structure additional rounds of financing of up to \u20ac80m. The WINCH Capital funds primarily invest in France, as well as in Italy, with its team based in Milan, and occasionally in other European countries.<\/p>\n

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The team has conducted some 80 investments since its creation and the companies to which it provides support have made over 110 acquisitions over the last 10 years, with one-fourth of them made abroad. In parallel with this fundraising, several WINCH Capital transactions have been making headlines over the past months, including:<\/p>\n