September 26, 2023

Orbit advises BID Equity Fund III on its EUR 310m final closing.

BID Equity Fund III closed in July 2023 as the largest @BID Equity fund to date with EUR 310m at the hard cap. The fund was oversubscribed.

The fund focuses on investments in profitable, growing B2B software companies primarily in Europe with a focus on the DACH region. BID Equity follows a buy & build approach to develop market-leading software groups in selected market segments from successful software SMEs.

Institutional investors from Europe and the USA have participated. BID Equity Fund III has already made its first investment in the cybersecurity sector.

Orbit advised BID Equity on all legal aspects of the fund structuring and investor negotiation.

Team

Dr. Christian Hillebrand (Partner, Fund Structuring), Dr. Philip Mostertz (Partner, Fund Structuring), Lisa Riedelsheimer (Fund Associate, Fund Structuring), Francesc Lloveras Calvo (Fund Associate, Fund Structuring).

Related links

BID Equity Fund III closes at the hard cap of EUR 310 million – targeting software companies

About BID Equity

BID Equity specializes on investments in successful B2B software companies. Investment focus is the acquisition of majority shareholdings in the context of company successions and shareholder buy-outs of small to medium sized software companies in Europe and North America.

BID Equity pursues an active investment approach that focuses on scaling its investments through international acquisitions and organic professionalization. As an active partner, BID Equity partners with management teams to optimize product offerings, business models and processes. Visit the website for more information: BID Equity

About Orbit

Orbit offers client-centered legal advice in all areas of fund law and investments in alternative assets. Fund managers and investors rely on Orbit and its team of experienced fund advisors. Orbit covers structuring, regulatory, tax, investment advice, compliance, and fund due diligence as well as secondary transactions.

Orbit | All. About. Funds.

Responsible Orbit Crew

Dr. Christian Hillebrand

Founder and Partner
Lead
,
Fund Structuring
,

Dr. Philip Mostertz

Founder and Partner
Fund Structuring
,

Lisa Riedelsheimer

Fund Associate
Fund Structuring
,

Francesc Lloveras Calvo

Fund Associate
Fund Structuring
,

Reach out to Orbit.

Orbit offers client-centered legal advice in all areas of fund law and investments in alternative assets. Profound and pragmatic. Fund managers and investors rely on Orbit and its team of experienced fund advisors.

We got you covered on structuring, regulatory, tax, investment advice and fund due diligence. Client-centered fund advisory. Become our gravitational focus!

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