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Scipio Swanlaab SF SCR, a partnership between Scipio Capital BV and Swanlaab Venture Factory SGEIC SA, has announced the final close of its fund at €22.3M, reaching and surpassing its goal. This new vehicle is a global fund focused on acquiring SMEs through the SF model, applying a disciplined investment approach and a decentralized strategy that enables it to capture opportunities across diverse markets worldwide.
A range of institutional investors with deep experience in the asset class, along with many returning investors from Scipio Capital, participated in the fundraise. Their commitment reflects a strong vote of confidence in the management team, led by Aitor Sancho and Monte Davis. Scipio will continue its strategy of backing top entrepreneurial talent addressing succession challenges for business owners, providing both operational and strategic support, and deploying tickets ranging from €0.5M to €1.5M per acquisition.
With this new fund, Scipio has built a portfolio of five operating companies over the past twelve months, including Elti (Italy), Granular Products (Australia), Junsoft (Brazil), AT Safety (Canada), and Pharmacom (Austria). The firm has also backed 15 SFs across Europe, Australia, the USA & Canada, Latin America, and Asia, and plans to continue expanding its portfolio at a pace of three to four new searchers per quarter in the coming years. Over the past five years, including activity through its holding company, the firm has supported more than 45 searchers and completed 16 acquisitions.
Aitor noted: “2025 has been an incredibly busy year, and we expect to add five to seven new companies to our portfolio over the next five to six months. This acceleration underscores the strength of our proprietary deal flow and the maturity of our investment pipeline. Portfolio performance has been encouraging, and we aim to complete approximately 15–20 new acquisitions over the next three years.”
