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Founded in 2021 by Enrico Arietti, SFClub is the first Italian-based professional search fund investment vehicle. Operating as a holding company, it is backed by numerous investors who decide deal by deal in which they want to participate (with a diversified approach). Its first club focused solely on the European market. To date, they have participated in about 20 SFs, being involved in the acquisition of 17 companies with a total investment of around €12M. Among their recent investments are the French companies CW Group and ASP Group, the Italian Caris Servizi and Link.it, the German EQ Photonoics, the Spanish Provis and AutoMatic, the Hungarian FF Fémfeldolgozó, or the Polish ForMeds and Adex Cosmetics.
The firm is currently launching its second “Club”, aiming to secure approximately €25M-€30M and planning to invest in about 25 companies. This time, the primary focus remains on Europe, constituting 80% of their future investment, but they are open to investing up to 20% in other countries worldwide, excluding the US market. SFClub 2 has already entered a dozen new SFs, including a couple in Australia (Origo Capital and SME Ventures – Jason Hew) and the first one established in Dubai, Gulf Succession Partners.
