TLDR:
- Kennet, a growth equity firm based in London, raised €266m for Kennet VI
- The fund focuses on capital efficient B2B SaaS companies across Europe
London-based growth equity firm Kennet has successfully closed Fund VI at €266 million. The fund has already started deploying capital into capital-efficient B2B SaaS companies across Europe, with investments in companies like Screendragon in Ireland and the UK, and Fluid Topics in France. Kennet’s investment model targets bootstrapped companies with €3-€50 million in revenue, often founder-managed and with minimal external funding. The firm has seen successful exits in recent years, including Nuxeo, Dext, CrossBorder Solutions, Rimilia, and Impartner.
Kennet’s focus on capital-efficient B2B SaaS companies and their track record of successful exits highlights their expertise in the market. The firm’s ability to support founder-managed companies and provide strategic guidance for growth has been key to their success. With the closing of Fund VI, Kennet is poised to continue investing in promising European companies and driving their growth in the coming years.
