Amsterdam, 11 June 2025
365 Capital Fund II First Close Milestone
365 Capital, the Amsterdam-based private equity firm focused on the Dutch lower mid-market, today announces the first close of its second buyout fund, 365 Capital Fund II, with current total commitments exceeding €235 million. The team has also recently completed the first platform investment of Fund II, Vandaglas.
This milestone reflects strong backing from returning and new investors, including local institutional LPs, family offices, and entrepreneurs. It comes around four years after the final close of 365 Capital Fund I, which raised €165 million and has since built a portfolio of nine platform investments across sectors such as industrial manufacturing, business services, software, education, and consumer goods.
Fund II will build on the exact same strategy that has delivered strong momentum in Fund I – combining local deal access, disciplined underwriting, and hands-on partnerships with founders and management teams to jointly create long-term value.
Focused Strategy in the Dutch Lower Mid-Market
365 Capital targets majority investments in founder- and management-led businesses headquartered in the Netherlands, with equity tickets typically between €15 and €40 million (sweet spot €20 to 30 million). Its edge lies in sourcing deals where alignment and partnership dynamics are central.
365 Capital differentiates itself through a dual sourcing strategy (bottom-up sector mapping and network-led origination), institutional quality deal rigor, trustworthy way of working, and consistent execution.
Fundraising and Investment Outlook
365 Capital aims to complete fundraising at circa €250m in the coming months. The firm will continue to pursue 2 to 3 new platform investments per year, with focus on selectivity and value creation engagement.
About 365 Capital
365 Capital is an independent private equity firm focused on the Dutch lower mid-market. It partners with ambitious founders and management teams to help accelerate growth, scale operations, and build lasting businesses. Founded in 2019, the firm applies institutional rigor, a partnership mindset, and entrepreneurial energy to every investment.