CVC has held the final close of CVC Strategic Opportunities III with total commitments of €4.61bn, matching the size of its predecessor fund, CVC Strategic Opportunities II, and significantly increasing the number of investors committed to the strategy.
CVC’s Strategic Opportunities platform invests in high-quality, stable businesses that present an attractive risk-return profile over a longer investment horizon relative to traditional private equity mandates. Focused on Europe and North America, CVC Strategic Opportunities typically invests for a longer period compared to the broader private equity industry’s average hold period.
Through the platform’s long-term approach, CVC seeks to maximise value creation initiatives on behalf of its investors and portfolio companies, according to a press statement. The team often partners with founding families or foundations seeking long-term capital and operational resources to take their business to the next stage of development.
Since inception, the platform has committed over €7.5bn to 18 businesses offering long-term strategic development opportunities across sectors and geographies. Examples of CVC Strategic Opportunities investments include: Asplundh, the market leader in vegetation management and other services to major utilities in North America, Australia, and New Zealand; Sebia, a world-leading provider of diagnostic testing equipment; and most recently, Hempel, a leading international supplier of coating solutions.
