Endurance Equity Partners announces the launch of Endurance Fund III, F.C.R.E., its third European private equity fund, aimed at continuing to support the growth and transformation of SMEs in the Spanish market.
Endurance Fund III will focus its strategy on investing in small and medium-sized enterprises, primarily in Spain, with a sectoral focus on industrial, manufacturing, services, distribution, and retail sectors. The fund targets companies with potential for operational and financial improvement, with a clear aim to take control positions.
During its investment period, the fund expects to invest in a minimum of five portfolio companies. The estimated average holding period for investments ranges from three to ten years, with flexible exit strategies including IPOs, sales to funds or strategic buyers, MBOs, among other mechanisms. To date, Endurance has invested in Guadalimp Suministros, based in Madrid, and Suministros Esmeralda, based in San Sebastián.
Lexcrea, S.L.P. has been appointed as legal advisor to the fund, while CGM Auditores, S.L. will serve as the fund’s auditor. The vehicle is managed by Endurance Equity Partners, S.G.E.I.C., S.A., a management company registered with the CNMV under number 110, with extensive experience in supporting and professionalising SMEs in growth and generational transition scenarios.
Endurance Fund III represents a natural evolution of Endurance Equity Partners' ongoing commitment to the Spanish business fabric, offering a value proposition focused on sustainable growth, job creation, and operational excellence.
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