CIM Capital raises €42M for second turnaround-focused fund
What's the deal? CIM CapitalDealroom has a profile for this one. Try Dealroom →, an Antwerp-based private equity firm, has raised €42 million for its second fund, which targets companies in financial difficulty. The fund follows the same strategy as its predecessor.
What's the endgame? Known locally as a bedrijvendokter , or "company doctor," CIM Capital specialises in acquiring and restructuring struggling businesses.
The signal: A dedicated turnaround fund of this size points to steady demand for restructuring capital, as firms in distress look for buyers willing to take on the risk of a rescue.
Read more: tijd.be
Image credit: dkpto
