Fremman Capital closes its second European buyout fund above target, surpassing €850m and taking AUM to over €3.6bn

Fremman Capital (“Fremman”) is pleased to announce the final closing of its second midmarket buyout fund, Fremman II MM (the “Fund”), raising €808m and a further €45m of associated managed accounts and surpassing its €750m target in under 18 months.

Commitments to the Fund were secured from a diverse group of renowned institutional investors from 5 different continents (Europe, the Americas, Middle East and Asia) including Pension Funds, Banks, Insurance Companies, Fund of Funds, and Family Offices. Fremman received strong support from existing investors, achieving a high level of re-ups, while also attracting significant new capital from new geographies.

In parallel, Fremman continues to operate an active co-investment programme, with 14 co-investment vehicles raised to date across Funds I and II.

The Fremman II MM close also coincides with the successful closing of Fremman’s Special Opportunities Fund I (SOF I), bringing total Assets Under Management to over €3.6bn. Fremman SOF I is a continuation vehicle for the Fremman I MM portfolio company, Kids Planet. The oversubscribed transaction represents Fremman’s second exit and underscores its ability to generate attractive returns and distribute meaningful capital to investors.

“We are very grateful for the continued trust and support of investors. In today’s environment, closing above target is a clear validation of our strategy, reflecting investors’ trust in the strength of our team and in our ability to consistently create value for them” said Ricardo de Serdio, Founder & CEO of Fremman Capital.

Fremman aims to partner with ambitious management teams to scale businesses from strong local positions into leading multinational platforms. It focuses on investing in market-leading companies—often family or founder-owned—that provide essential products or services and offer a strong foundation for pan-European consolidation strategies.

Fremman’s differentiated sourcing strategy is supported by its local presence across six European offices, extensive network, reach and access, and its deep sector expertise. With a team of close to 60 professionals from 16 nationalities, Fremman combines a strong on-the-ground approach with a true pan-European presence. Fremman has built a reputation of being an active, value-adding shareholder and build-up specialist that helps management teams drive sustainable, long-term growth in their companies.

Fremman II MM is classified as Article 8 under the EU’s Sustainable Finance Disclosure Regulation. The firm continues to integrate ESG considerations throughout the investment lifecycle, supported by a dedicated ESG team, with the objective of building more responsible and sustainable businesses. The Fund has completed five platform investments to date, including:

• Rehaneo, a leading German provider of outpatient rehabilitation, prevention and occupational health services;
• DIESSE, an Italian specialist in in-vitro diagnostics instruments and reagents;
• Stingray Healthcare, a pan-European radiotherapy platform focused on cancer treatment;
• AGQ Labs, a global provider of high value-added testing, inspection and analysis services;
• Bertin Technologies(1), a European leader in advanced instrumentation and measurement systems for critical and scientific applications across sectors including defence, life sciences and nuclear.

Jefferies served as exclusive global placement agent for the Fund II capital raise, whilst Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel.

About Fremman Capital

Fremman is a pan-European, mid-market investment firm with offices in London, Luxembourg, Madrid, Munich, Paris and Milan that looks to partner with successful management teams to help transform businesses from local champions to multinational sustainable leaders. Its senior Partners have a long history working together, with over 100 years of combined investment experience. Fremman’s goal is to build better, more sustainable businesses that have a positive impact on society.

More info:https://fremman.com