Fortino Capital is on track to raise its fourth fund. With the Dutch team on full strength, Fortino expands offices in Amsterdam
Fortino Capital is on track to raise its fourth fund. With the Dutch team on full strength, Fortino expands offices in Amsterdam.
Amsterdam, October 4th 2022 - Over the past few years, Fortino Capital has seen significant expansion and is currently raising its fourth fund. The Antwerp office was the start of its accelerated growth as leading B2B SaaS venture capital and private equity and it continues by opening a new office in the Netherlands.
Fortino Capital already invested in 12 companies in the Netherlands and now opened its own offices in Amsterdam. This reinforces Fortino’s strategy to grow its presence in the Dutch SaaS and Tech services market. The team has been recently expanded.
Expansion of Dutch team
Ida Kuijken joined Fortino Capital as Partner, bringing 15 years of expertise in mergers and acquisitions, private equity, and strategic investments. Additionally, Frank van Vliet joined as an Operating Advisor. He is a seasoned executive with a successful track record in transforming and growing businesses in (inter)national SaaS environments for multiple industries. Finally, we welcome Adine Tjeenk Willink, former founder of Nimbles and Cowlinq, as Investment Associate in the venture capital team.
“Opening our own office in Amsterdam is a natural extension of our effort, especially after Antwerp’s success”, Duco Sickinghe, Managing Partner at Fortino Capital. “We are really excited to be part of the Dutch ecosystem. A fresh and expanded presence will give Fortino Capital many opportunities to supplement and strengthen our existing network of entrepreneurs and advisors. We look forward to engage with Dutch entrepreneurs and fast growing and ambitious SaaS companies.”
“It is our passion to help ambitious founders grasp and execute opportunities that help them continuously accelerate their growth in a fast-evolving market”, comments Ida Kuijken, Partner at Fortino Capital.
“The goal of Fortino's operating team is to leverage our international network, C-level, and entrepreneurial experience. We stimulate sharing the in-depth SaaS experiences and best practices amongst our exceptional portfolio of B2B SaaS companies to supercharge their business growth and learnings", adds Frank van Vliet, Operating Advisor at Fortino Capital.
Raising a fourth fund
Fortino Capital is currently raising its second private equity fund, with commitments today for more than 310M Euros, coming close to its final target. To date Fortino has raised across 4 funds, a total of 740M Euros.
Fortino Capital has invested in 40 businesses in the past 9 years. With a Dutch team of more than 10 people, Fortino Capital is ready to strengthen its presence and awareness in the Netherlands. The Amsterdam-based team will play a key role in the firm’s efforts to expand the network across Northern Europe.
About Fortino Capital
Fortino Capital Partners is a European investment company with a focus on high-growth B2B software solutions managing two private equity funds and two venture capital funds. With offices in Belgium and the Netherlands, Fortino backs exceptional and ambitious entrepreneurs in North-Western Europe. Fortino Capital’s private equity portfolio includes BizzMine (BE) MobileXpense (BE), Efficy CRM (BE), Tenzinger (NL), Maxxton (NL), among others. Fortino's Venture Capital portfolio includes TechWolf (BE), Timeseer.ai (BE), Salonkee (LUX), Zaion (FR), Sides (DE), D2X (NL), Peers (DE), Reveall (NL), Merkely (NO), among others.