Bluegem announces €340M final close of Bluegem III

18th FEBRUARY 2022

Bluegem III has today closed at €340 million in commitments, a third of the fund is already deployed in three seed investments.

Building on the strategy of Bluegem II, the Fund is focused on European consumer brand companies in resilient sub sectors benefiting from secular megatrends. The invested amount ranges from €20m to €60m per transaction, in companies with EBITDA ranging from €5m to €20m.

Over the past year, Bluegem has enhanced its artificial intelligence and digital expertise to support in the implementation of its three key value levers across the existing and future portfolio: internationalisation; digital enhancement and new product development.

About Bluegem Capital Partners

Bluegem is a specialist consumer-focused private equity firm that partners with management teams and founders to accelerate growth of strong consumer brands. With a track record of investing across Europe through different economic cycles, industry and market conditions, Bluegem have refined their investment strategy to focus on resilient consumer segments benefiting from secular megatrends, including Beauty and Personal Care; Household Care; Food and Beverage; Baby Care; Pet Care; Home Décor; and Hobby and Craft. More information about Bluegem can be found at www.bluegemcp.com.