Bravo Invest doubles fund size with €226 million first and final close achieved within six months of launch

Bravo Invest, the Italian lower mid-market buy-and-build specialist, announced the first and final close of its third fund, Bravo Capital Partners III, at €226 million, representing a doubling in size from its predecessor fund.

The fundraise was launched in May 2025 and held its first and final close six months later, reflecting the strong investor appetite Bravo Invest experienced throughout the process. The new fund attracted a 100% re-up rate from BCP II investors, alongside commitments from 11 new institutional LPs across the Nordics, DACH region, UK, and Southern Europe, including fund-of-funds, family offices, and government agencies.

BCP III will pursue the same disciplined strategy as its predecessor, targeting control investments in Italian B2B founder-led and family-owned businesses with strong growth potential, and supporting them through structured buy-and-build programmes. The increased fund size will allow Bravo Invest the flexibility to execute a greater number of platform investments and add-on acquisitions while maintaining its focused approach.

The close follows a period of strong portfolio momentum for Bravo Invest, including the sale of Lodestar, an Italian IT services consultancy, announced in October 2025, which generated a significant return for investors in BCP II.

Rede Partners is delighted to have supported Bravo on this highly successful raise. BCP III marks the first engagement in the Rede–Bravo partnership, which will continue during the off-cycle period.

The speed of the BCP III fundraise is a testament to the strength of Bravo’s strategy, performance, and team, and we look forward to a long and fruitful partnership with Bravo Invest. The close marks the latest of several “first-and-final” fundraises Rede has advised on over the course of 2025, underscoring the continued quality of our client base..