Barcelona-based Moonbase Capital has announced that it has achieved the first closing of its €15M fund of search funds, “Search Fund Squared”. The fund has attracted family offices, managers, and entrepreneurs from the Middle East and Europe in just three months since fundraising kicked off.

Moonbase Capital will deploy the funds to invest in Searchers, who will go on to identify and acquire SMEs with a proven track record of growth and revenue stability. The company aims to work with around 40 search funds to identify between 20 to 30 companies with an EBITDA between €1-5 million.

The company's original “Search Fund Squared” model offers unprecedented transparency to LPs, as well as the option of co-investment. Additionally, Moonbase Capital provides LPs with the option to get involved and help steer acquisitions, adding real value to the fund and entrepreneurs.

Search Funds are an established asset class in the US, where search fund investors saw an aggregate pre-tax return of 35.3% IRR and 5.2x ROI in 2021. In Europe, search funds are an emerging asset class, offering investors an alternative investment vehicle that can capture and leverage opportunities in the market. With SMEs making up 56% of Europe’s GDP the market is teeming with opportunities to invest and the Search Fund model is the perfect way to do it. Moonbase Capital is among the companies leading the charge in this space, leveraging its team's extensive experience to identify and support the growth of promising companies.

Moonbase Capital's “Search Fund Squared” model offers investors an exciting opportunity to participate in the growth of promising SMEs and receive higher returns than traditional venture capital investments. The company invites interested investors to reach out on contact@moonbasecapital.com.

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About Moonbase Capital

Founded in early 2020 by three partners, Moonbase Capital invests in SMEs (small and medium-sized enterprises) through Search Funds, an innovative new asset class that combines the stability of Private Equity with the agility and diversification of Venture Capital, in order to yield more consistent returns to our investors, at a lower risk.

Our main focus is on providing our entrepreneurs with hands-on support throughout the search, acquisition, and growth phases of their journey, leveraging our 40 years of combined experience as operators, consultants, CEOs, and CFOs, building and selling businesses globally. Our entrepreneurs are actively searching for SMEs to acquire in Spain, France, Italy, UK, Germany, Ireland, Japan, and more.

For press inquiries, please contact:
Teodora Pantu
PR Manager
pr@moonbasecapital.com