BID Equity Fund III closes at the hard cap of EUR 310 million – targeting software companies

BID Equity, 18 Sep 2023

In July 2023 BID Equity closed its third and largest fund at the hard cap of EUR 310 million. Albeit the challenging fundraising environment the fund was oversubscribed. BID Equity is proud to have attracted again a diversified institutional investor base from across Europe and the United States.

As with its predecessor funds, the investment focus of the new one is on profitable and growing B2B software firms in Europe with emphasis on the DACH region. BID Equity follows a structured buy and build approach in order to develop market leading software firms in selected industry verticals. The proven software expertise of the BID Equity team as well as the powerful and exclusive advisory ecosystem allows BID Equity to scale its platform companies and generate substantial value.

BID Equity Fund III has already entered into its first platform investment in a cybersecurity software firm, Nextron Systems GmbH.

The fundraising was supported by AXON Partners who acted again as exclusive placement agent, by ORBIT | FUND BOUTIQUE as fund legal counsel and by Hauck & Aufhäuser as AIFM.


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More Funding news

29 Jun 2021

BID Equity announces the successful close of its BID Equity Overflow Fund II at the hard cap volume of €50 million. The fund will provide additional equity to the most promising BID Equity Fund II software platforms to allow continued buy & build.

28 Nov 2019

BID Equity announces the successful final close of BID Equity Fund II. The fund closed at the targeted hard cap volume of €125 million plus a significant commitment by the BID Equity team.