Project detail - MEDITERRA CAPITAL PARTNERS II LP

MEDITERRA CAPITAL PARTNERS II LP

Status: Approved investment
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Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

Mediterra Capital II (MCPII) with a target size of €300 million is the successor fund of the €164 million size Mediterra Capital I, to which FMO has committed €15 million in 2012. MCPII will be managed by Mediterra Capital Partners , a longstanding partner of FMO.

What is our funding objective?

MCPII will pursue the same investment strategy as MCPI, which is to invest in lower middle market companies in Turkey in a broad range of sectors with attractive risk-return dynamics in terms of growth, consolidation and regional expansion opportunities. Mediterra intends to make 10-12 investments in the range of €15 - €30 million in the form of control oriented buyouts and growth capital.

Why do we fund this investment?

FMO is supporting a well established and experienced Fund manager in Turkey. The Fund will contribute to enabling access to equity financing for the underserved mid-market space in Turkey. In particular, the Fund will target broader Turkey including to some extent the whole Anatolia region where other private equity funds are less active.

Region
Europe & Central Asia
Country
Türkiye
Sector
Infrastructure, Manufacturing and Services
Effective date
9/1/2016
Total FMO financing
EUR 15.00 MLN
Funding
FMO NV
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)
B