Swiss buyout firm Madison Private Equity is raising CHF50m to continue its strategy of offering succession solutions to family businesses. The extra capital will be used to back new acquisitions and support the existing portfolio.
Madison target companies are profitable, medium-sized firms with annual sales of between CHF50m and CHF150m. The firm focuses on investments in Switzerland, Germany and Austria.
Madison shareholders include Swiss pension funds (about 70%) and Swiss private individuals or family offices (about 30%.)