
Armada Credit Partners
Description
Armada Credit Partners, formerly known as Armada Mezzanine Capital, is a prominent independent private credit provider headquartered in Helsinki, Finland. The firm specializes in delivering flexible debt financing solutions, including senior debt, unitranche, and mezzanine debt, to small and medium-sized enterprises (SMEs) across Northern Europe. Their strategic focus is on supporting various corporate actions such as management buyouts, growth initiatives, and recapitalizations, providing an alternative or complementary funding source to traditional equity or bank financing.
The firm targets companies that typically demonstrate an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) ranging from EUR 2 million to EUR 20 million. Within these parameters, Armada Credit Partners' typical investment size per transaction is substantial, falling between EUR 5 million and EUR 30 million. Based on recent exchange rates, this translates to approximately USD 5.4 million to USD 32.4 million, indicating their commitment to significant debt capital injections rather than smaller venture-style equity rounds.
Established in 2000, Armada Credit Partners boasts a long-standing presence and deep expertise in the Nordic private credit market. Their operational history includes the successful raising and management of multiple funds, reflecting strong investor confidence and a proven track record. For example, their Armada Mezzanine Fund IV, which closed in 2022, secured EUR 220 million in commitments, building upon the success of the EUR 170 million Armada Mezzanine Fund III closed in 2017. The firm operates under the regulation of the Finnish Financial Supervisory Authority, ensuring adherence to stringent financial standards and practices.
Investor Profile
Armada Credit Partners has backed more than 26 startups, with 0 new investments in the last 12 months alone. The firm has led 15 rounds, about 58% of its total and boasts 14 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Debt Financing, Private Equity rounds (top funding stages).
- Majority of deals are located in Sweden, Norway, Finland.
- Strong thematic focus on Software, Health Care, Information Technology.
- Typical check size: $5.4M – $32.4M.
Stage Focus
- Series Unknown (50%)
- Debt Financing (38%)
- Private Equity (12%)
Country Focus
- Sweden (46%)
- Norway (19%)
- Finland (12%)
- Germany (8%)
- Denmark (8%)
- Portugal (4%)
- United States (4%)
Industry Focus
- Software
- Health Care
- Information Technology
- Food And Beverage
- Computer
- Security
- Logistics
- Manufacturing
- Consulting
- Food Processing
Frequently Asked Questions
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