Zurmont closes €165m fund

Zurich-based private equity firm Zurmont Madison has reached a final closing on its latest fund, Zurmont Madison Private Equity, exceeding its €135m target.

The latest fund closed on €165m, and is focused on the financing of succession solutions and buyouts of established small to medium-sized industrial consumer goods companies in Switzerland, Germany and Austria.

Zurmont Madison Private Equity makes controlling investments in the course of successions of family-owned enterprises and of management buyouts/buyins, as well as corporate spin-out situations.