Key Takeaways
- Sector: Technology Software & Gaming.
- Geography: Netherlands.
Analysis
Pride Capital Partners (“PCP”) has announced the first close of its new €150 million Pride Capital Partners Fund III, securing nearly half the target and setting a hard cap of €200 million.
Building on the top-quartile performance of Funds I and II, the Amsterdam-based investor will continue providing flexible, debt-led financing to later-stage B2B software and managed ICT services companies across the Benelux, DACH and Nordic regions. Existing backers, led by the European Investment Fund (EIF), renewed their commitments, while several new LPs joined the vehicle.
Initial Investments
- Tyneso (Belgium) – financing to accelerate organic growth and support a buy-and-build strategy.
- CCIT (Denmark) – capital and operational support to expand nationwide through targeted acquisitions.
“These investments validate our strategy and the trust we’ve earned,” said Lars van ’t Hoenderdaal, Founder and Managing Partner. “Since 1997 I’ve seen how the right capital partner unlocks real value; Fund III lets us help exceptional founders scale on their own terms.”
With offices in Amsterdam, Cologne and Copenhagen, PCP now manages three active funds focused exclusively on founder-led, scalable software and IT businesses.