Key Strategic Differentiators
Our Fund seeks to enhance and augment the Up-Rise (Ep-Anodos) of Greek SME ‘Hidden Jewels’.
We aim at producing superior risk-adjusted returns for its investments by:
- Ensuring a path for return of capital that is independent of future capital market conditions.
- Preferring to work directly with existing shareholders to maximize value creation.
- Focusing on enterprise growth, enhancement of operations and financial deleveraging.
- Actively participating in operational efficiencies, expansion initiatives and strategic development activities.
Investment Objectives
Our Fund invests critical capital into Greek SMEs which face temporary financial stress situations and need capital to grow exponentially or restructure/reorganize and rebound/turnaround their financial position to return to profitable growth.
Our Fund seeks to spread its investment exposure (geographically and by sector) with average ticket sizes of €2-3M per investee target, through strong minority participations. Majority equity participations may be considered on an extremely selective basis in companies where balance sheet strengthening is required to achieve their potential growth prospects.
Investment Focus / Strategy
Targeted investee companies are mainly non-listed, export orientated Greek SMEs, with a clear country competitive edge and international prospects. Additionally, a few selective cases may be considered where consolidation would create sectoral champions with improved margins, in need of capital for restructuring/reorganization or expansion-growth purposes.
Target investees are engaged mainly in the following key strategic sectors:
- Health and Pharma
- Food and Beverage
- Information & Communication Technology
- Consumer Goods & Services
- Energy and Recycling
- Logistics and Transportations
- Chemicals and Export manufacturing
- Cosmetics and Toiletries
Overall, target investee companies should present an attractive valuation (pre-money and post-money), amenable to active management support in adding strategic and operational manpower over leadership roles in transforming companies and creating upside potential, over an average holding period of 3-5 years.
Responsible Investing
Pertinent ESG principles and factors (Environmental, Social and Governance) are considered throughout our investment process, as per relevant Invest Europe Guidelines.
During pre-investment (screening and due diligence), investee companies are assessed for their sustainability governance, regarding maturity of ESG systems and processes, resources (roles & responsibilities), competence and training, ESG committee/ steering group, corporate risk register, monitoring / reporting, and memberships.
During post-transaction stage, investee companies are monitored and evaluated for their ESF/Sustainability Governance, regarding their ESG policy, improvement program, materiality assessment, ESG risk register, standards and certifications, member associations, ESG audit and reviews, as well as reputation risk assessment.
