WCP announces final close of its WCP#3 buyout fund on 295 million euros

Only 10 months after going to market, WCP#3 has completed fundraising above its €250m target and within the range of its €300m hard cap.
WCP#3 has received the support of its existing investors and new investors to almost double the size of the previous WCP#2 vintage.
In line with previous funds, WCP#3 aims to finance the growth of successful French SMEs, taking majority stakes, alongside management in LBO transactions on companies valued between €50 and €200m.
The fund focuses primarily on B2B and B2C distribution, business and health service sectors, building on the past experience of partners, which is now widely shared within the team.
A first acquisition has just been made with the takeover of Besson Chaussures. The team is also in exclusive negotiations on another transaction that could be announced in early September.