PX3 Partners, a London-headquartered private equity firm, announced that it has held a final close of its inaugural PX3 Partners Fund I at its hard cap of €500 million. The successful conclusion of the fundraising brings PX3 Partners’ total assets under management to €1.1 billion.
PX3 Partners Fund I also received commitments from a broad and diverse group of institutional investors worldwide, including those from North America, Europe, the Middle East, and Asia-Pacific. The fund’s investors include asset managers, endowment and foundations, global family offices, insurance companies, and pension funds, as well as prominent business founders and executives.
PX3 also invests behind transformative themes and targets companies operating within select segments of the business services, consumer & leisure, and industrials sectors with strong business fundamentals. And PX3 identifies and develops companies with the potential to lead their sectors globally.
With an extensive network of relationships and expertise in helping businesses grow internationally across Europe, North America, and Asia, PX3 helps its portfolio companies’ growth ambitions through its Connected Acceleration value creation model.
PX3 Partners Fund I has already made investments in three globally leading businesses
— Com Laude, a specialist in internet domain name management, online brand protection, and online security
— Cofimco, a provider of engineered cooling systems and services for AI data centres and industrial applications
— Cleanova, a manufacturer of industrial filtration systems.
In March 2025, PX3 also announced Cleanova’s transformative acquisition of Micronics Engineered Filtration Group, creating one of the world’s largest privately held industrial filtration businesses, with an enterprise value of $1.3 billion.
Agents/Counsel: PX3 enlisted the support of Piper Sandler’s private capital advisory group Aviditi Advisors as placement agent; Weil, Gotshal & Manges as international legal counsel; Carey Olsen as Guernsey legal counsel; and Langham Hall as fund administrator.
KEY QUOTE:
“We thank all of our investors for their support and for placing their trust in PX3. We are focused on delivering on our strategy through our proven value creation model and are excited by the opportunities we see to develop and grow international leaders in our target sectors. Through PX3 Partners Fund I, we look forward to partnering with many more ambitious companies, dynamic leadership teams, and entrepreneurs to achieve their goals.”
The Managing Partners of PX3
