We are pleased to share that Maguar, a Munich-based investor group focused on B2B software companies in the DACH region, has closed Maguar 2 at EUR 306 million, significantly exceeding the EUR 250 million target.
Maguar 2 will see the firm continue its strategy from Fund 1: partnering with and investing in small-cap, profitable and growing software companies in the DACH region and helping them to become “regional and/or sector champions”. The fund close is nearly three times the size of the previous fund and attracted strong demand from existing and new investors.
Asante served as exclusive global placement agent.
About Maguar
Maguar Capital Partners, based in Munich, Germany, was founded in 2019 by Arno Poschik, Gunther Thies and Matthias Ick. It focuses on B2B software investments in the small-cap segment with EBITDA typically in the range of EUR 1-8 million located in the DACH region. Maguar differentiates itself by the entrepreneurial background and long-term management experience of its team in the tech industry. The team has more than 35 years of CEO software experience and more than 20 years of private equity experience. Read Maguar’s press release here.
About Asante
Asante Capital Group is a leading independent private equity placement and advisory group. Founded in 2010, the firm has offices in London, New York City, Hong Kong, and Munich. The team of over 70 professionals has advised on over $80 billion of successful private capital raisings across the globe, raising capital from North American, European, Middle East and Asia-Pacific-based investors. Asante specializes in GP advisory and fundraising support across primary, direct and secondary investments.