Subscribe to unlock this article
Thanks for your support.
Boston-based investment firm Relay Investments, one of the leading players in the SF landscape, has announced the final close of its European fund, with over €50M in total commitments, becoming one of the biggest funds dedicated to this asset class in Europe. This milestone brings Relay’s total assets under management to over $250M globally and reflects continued strong conviction in Europe as one of the most attractive and rapidly developing markets for ETA.
This new vehicle will continue Relay’s strategy of backing exceptional entrepreneurial talent to acquire and grow SMEs across Europe. Relay has been an active participant in the European ecosystem for almost two decades, with acquisitions in France, Germany, Italy, Spain, Portugal, and beyond. Relay has invested in more than 150 acquisitions and backed more than 250 SFs globally. Notable European buyouts include Performer, JD2M, Maillon, Theia, Tikedo, Singu, MotionVFX, Repli, Ctaima, Mapex, Grupo Espiral, Libnova, Leaseir, VeloceIT, among others.
With the launch of this new fund, Relay further strengthens its position as a truly global platform, with an integrated team across Europe and the United States that collaborates closely, sharing expertise, insights, and best practices. It expects to commit more than $100M in the region across both new opportunities and existing investments.
Sandro Mina, Founding Partner at Relay Investments, commented: “We are grateful for the continued trust and support of our investors, both existing and new, who share our long-term vision for ETA. This marks an important milestone for Relay as we continue expanding our global footprint, with dedicated local teams and offices across Europe to better support entrepreneurs on the ground. With this fund, we believe Relay solidifies its reputation as the first truly global investment firm in the SF space.”
Ivan Peña, Partner at Relay Investments Europe, added: “With the launch of this vehicle, we are now the largest platform fully dedicated to supporting the growth of SFs and ETA in Europe. We see Europe as a highly compelling opportunity and remain committed to backing outstanding entrepreneurs and helping them build enduring, high-quality businesses.”
