Amethis Europe Expansion fund reaches first close

Amethis, a partner member of Edmond de Rothschild Private Equity with over €1 billion under management, has completed the first closing of the Amethis Europe Expansion (AEE) small-cap fund at around €75 million. The fund received backing from investors including Edmond de Rothschild, Bpifrance, BRED, and various family offices.

The fund aims to accelerate the growth and profitability of European SMEs by capitalising on opportunities in international markets, particularly Africa.

The team recently acquired a 75% stake in the French company Groupe Office Automation to support its market expansion in France and Africa. A second transaction in Spain’s cosmetics sector is being finalised, with a strong pipeline of potential deals.