Armada Raises Sixth Fund

Armada Raises Sixth Fund to Support Northern European Growth Companies

Armada Credit Partners has successfully raised EUR 139 million to a new fund, Armada Fund VI, which will provide both debt and equity financing to growth-oriented and profitable businesses across Northern Europe. The Fund acts as a long-term financing partner to company owners and financial sponsors. It has a special focus on digital and green transition.

Armada Fund VI received commitments from a high-quality group of European institutional investors, including private and public pension funds, government agencies, institutions, and family offices.

The Fund targets tailor-made investments of EUR 3–20 million in small and medium-sized enterprises (SMEs). It has completed five platform investments and has a strong pipeline of upcoming opportunities.

The Fund’s investment strategy builds on Armada’s long-standing track record. Since 2008, the team has invested EUR 414 million across 39 platform buyout and growth financing transactions, with 18 exits to date. These realised investments have delivered a gross IRR of 23.2% and a cash multiple of 2.0x.

Borenius acted as legal advisor to Armada during the fundraising process.

About Armada Credit Partners
Founded in 2010, Armada Credit Partners is a private debt and equity investor focused on Northern European SMEs. With offices in Stockholm and Helsinki, Armada supports the growth of entrepreneurial businesses while promoting responsible investment and governance practices.

Contacts
Ilkka Santti
Armada Credit Partners, Helsinki
Tel: +358 40 700 2876

Jan Wiklund
Armada Credit Partners, Stockholm
Tel: +46 70 551 4054