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Apse Capital Announces Closing of €350 Million Continuation Fund Led by J.P. Morgan Asset Management
Nov 27, 2024•over 1 year ago
Contract Type
partnership
Description
Apse Capital Limited has successfully closed a €350 million continuation fund in partnership with J.P. Morgan Asset Management. The fund was established to acquire three portfolio companies – TerraQuest, Kallidus, and Ultima Business Solutions – from Apse Capital Bridge Fund, with the aim of continuing their organic growth and providing further capital for strategic M&A activities.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months