EUR 40m EIF commitment in Accent Equity 2003

On 1 July 2004, EIF signed a commitment to invest up to EUR 40 million in Accent Equity 2003, a mid-market fund targeting expansion stage and buy-out type investments in companies with proven and scalable business models. The geographic focus of the fund is on the Nordic region with a main emphasis on Sweden.

The management team of the fund is the Stockholm-based Accent Equity Partners AB. Founded in 2003 by the merger of two management teams, Nordico and Euroventures, Accent Equity Partners is a pro-active investor that has developed a solid track record in buyout and expansion capital transactions. With Accent Equity 2003, the team will continue with the proven investment strategy of their predecessor funds. Before merging, Nordico and Euroventures managed a total of six funds, including the Baltic Rim Fund Ltd, managed by the former Euroventures team, in which EIF is an investor.