The Rothschild-backed private equity fund, Kennet VI, has successfully raised £225 million. It targets high-growth SaaS technology firms across Europe.
This substantial capital will fuel investments in tech companies like Screendragon and Fluid Topics, spearheading meaningful technological evolution.
The Kennet VI fund, led by private equity specialist Kennet Partners, aims to amplify growth within the business-to-business SaaS sector. Garnering financial support from significant entities, including Edmond de Rothschild and British Patient Capital, this fund exemplifies a strategic collaboration focused on investing in companies that are pivotal to technological advancements in various European regions.
Such investments align with Kennet’s philosophy of nurturing established, founder-owned technology companies. These businesses typically possess high capital efficiency and are embarking on their first external funding stages.
The fund’s consistent focus on sustainable and scalable technology solutions attracts various investors interested in long-term growth prospects, reinforcing the partnership’s robustness.
Elias emphasizes the market’s evolving view that ‘growth at any cost’ is an outdated strategy, underlining Kennet’s appeal with its conservative, sustainable approach.
Vucekovic’s insights suggest a positive outlook for sectors involved in advancing economic and societal transformations.
Such resilience demonstrates the viability of investing in established technology firms that prioritize long-term value over short-lived growth.
The fund continues to seek transformative technology firms with growth potential. By investing strategically, Kennet VI plans to expand its portfolio, fostering innovation and development in the SaaS sector.
The successful capital raise by Kennet VI highlights the effectiveness of its strategic approach amidst challenging market conditions. Its focus on sustainable growth and technological innovation stands as a testament to its enduring appeal among investors.
