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Armada Credit Partners

Europe, Southern Finland, Finland, Helsinki

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Armada Credit Partners frequently co-invest with?

Verdane
Europe, Oslo, Norway, Oslo
Co-Investments: 1
Equip Capital
Europe, Oslo, Norway, Oslo
Co-Investments: 1
IK Partners
Europe, England, United Kingdom, London
Co-Investments: 1

What are some of recent deals done by Armada Credit Partners?

Remazing

Hamburg, Hamburg, Germany

International provider of services and software solutions for brands on Amazon and other online marketplaces.

AdvertisingConsultingE-CommerceMarketingSoftware
Series UnknownSep 28, 2022
Cure Media

Stockholm, Stockholms Lan, Sweden

Cure Media is a pioneer in influencer marketing.

AdvertisingMarketing
Private EquityNov 4, 2021
Amount Raised: $23,295,430
ctrl QS

Berlin, Berlin, Germany

Ctrl QS offers rollout management, digital operations consulting, global process management, and technical support services.

ConsultingContentTraining
Debt FinancingAug 1, 2021
Evondos

Salo, Western Finland, Finland

Evondos is a medication robotics company.

Health CareHealth DiagnosticsMedical Device
Series UnknownMay 11, 2020
Global Leisure Group

Malmö, Skane Lan, Sweden

Global Leisure Group provides development, production, and installation services of full leisure and play concepts.

LeisureProfessional ServicesProject Management
Debt FinancingJan 1, 2020
Bastard Burgers

Luleå, Norrbottens Lan, Sweden

Bastard Burgers operates a chain of restaurants that provides meat-based burgers.

Food and BeverageFood ProcessingSnack Food
Debt FinancingDec 1, 2019
Cordel

Ålesund, More og Romsdal, Norway

Cordel provides ERP systems for craftsmen.

Information TechnologySoftware
Debt FinancingApr 17, 2019
SmartCraft ASA

Ålesund, More og Romsdal, Norway

The SmartCraft Group provides modern SaaS solutions to help craftsmen and construction companies become more efficient and profitable.

ComputerSaaSSoftware
Private EquityApr 1, 2019
Pincho Nation

Gothenburg, Vastra Gotaland, Sweden

Pincho Nation is a restaurant concept based on n-house developed app that offers a diverse menu of small dishes.

AppsFood and BeverageRestaurants
Debt FinancingJan 1, 2018
Prosero Security Group

Kista, Stockholms Lan, Sweden

Prosero Security Group provides installation and service of locks, alarms and surveillance solutions.

Information TechnologySecurity
Debt FinancingOct 31, 2017