365 Capital, the Amsterdam-based private equity firm specializing in the Dutch lower mid-market, announced the final close of its second buyout vehicle, 365 Capital Fund II, at €255 million in October 2025. The fund surpassed its initial target, approximately four and a half years after the first fund, which closed in April 2021 at €165 million. Earlier this year, the team completed the first platform investment for Fund II.
The close reflects support from both returning and new limited partners, including institutional investors, family offices, and entrepreneurs. Since the close of Fund I, the firm has built a portfolio that spans industrial manufacturing, business services, software, education, and consumer goods. The performance of Fund I helped reinforce the strategy that Fund II will continue to pursue.
Fund II will focus on majority investments in founder-led and management-led companies headquartered in the Netherlands. Typical equity investments will range between €15 million and €40 million, with a preferred range of €20 million to €30 million. The firm places emphasis on partnerships characterized by alignment and collaborative value creation. Leadership and succession transitions are often integrated into the investment approach to ensure stability and continuity within portfolio companies.
The firm attributes its growth to the strength and culture of its team. 365 Capital describes its professionals as ambitious and intrinsically motivated, working within a culture centered on partnership, focus, energy, and long-term orientation. This mindset is reflected in how the firm interacts with management teams, advisors, and other partners.
Founded in 2019, 365 Capital applies institutional discipline and entrepreneurial collaboration to help companies accelerate growth and scale sustainably. Business owners, management teams, and M&A advisors interested in future collaboration opportunities are encouraged to contact the firm. Further information can be found at www.365capital.com.
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(No direct quotes were included in the original announcement, so none are listed here.)