POELLATH advises Afinum on the final closing of fund X at EUR 500 million

Afinum Management GmbH ("Afinum"), one of the leading mid-market private equity firms in the German-speaking region, has successfully completed the final closing of its latest fund generation, Afinum X, with total commitments of EUR 500 million. This makes Afinum X the largest fund in the firm's more than 25-year history. The fund exceeds the size of its prede-cessor by approximately 20%.

The fundraising was strongly supported by both existing and new institutional investors. With the new fund, Afinum will continue to pursue its proven investment strategy of partnering with high-growth mid-sized companies in the German-speaking region, with a particular focus on succession situations.

Afinum primarily invests in the sectors of Software & Tech Services, Healthcare, Industrial Technology, and Consumer & Internet. Since its inception, the firm has completed more than 100 platform and add-on acquisitions. In the past year alone, Afinum X has already completed three platform investments in Germany and Switzerland.

POELLATH provided comprehensive legal and tax advice to Afinum in connection with the structuring and launch of the fund, including contractual, tax, and regulatory aspects, distribu-tion matters, and negotiations with investors. The Berlin-based POELLATH team included:

• Amos Veith (partner, investment funds, legal and tax)
• Dr. Robert Eberius (associated partner, investment funds, legal and tax)
• Pascal Erler (senior associate, investment funds, legal and tax)