CVC Capital Partners has announced the final close of CVC Capital Partners Catalyst III, its European-focused mid-market private equity fund, at approximately €3.0bn (US$3.4bn) – almost double the €1.75bn target.
CVC Catalyst is a sector agnostic private equity strategy focused on high-quality and growth-orientated mid-market businesses with an equity investment below €250m and predominantly based in Europe.
“This successful fund close marks an important milestone in the continued expansion of our leading Private Equity business,” said Rob Lucas, CEO at CVC. “It not only reflects strong investor confidence in our long-term track record of delivering value across market cycles, but also the trust our investors place in our platform, people and ability to innovate across private markets.”
Catalyst III has already made two investments with the acquisitions of WithSecure in late 2025 and WillowWood in June 2026, and has a strong pipeline of exciting opportunities where it will look to provide operational expertise, strategic guidance and access to CVC’s global network.
CVC is a member of the EHIA. Investors in Healthcare is the official journal of the EHIA.
Press release: CVC raises €3.0bn for CVC Catalyst, its Europe-focused mid-market private equity fund | CVC
