We stimulate synergies
that generate long lasting value
Synergia is managed by Hellenic Capital Partners (HCP), a long-established venture capital & private equity management firm with a veteran team comprised of high caliber professionals with complementary skill sets who have been working together for more than 15 years and have established a unique track record in the field of private equity investments.
The fund is to be established as a Greek Venture Capital Closed-end Fund (VCF/AKES of Art. 7 of Law 2992/2002 Gaz) with a 10-year term and a 5-year investment period.
The Key Information Document (“KID”) of the Fund is available here.
Managed by a team with an extensive knowledge and understanding of the Greek business landscape, Synergia aims to address and support the core financing needs of the SMEs in general. We constantly seek to find bespoke solutions to tackle all problems arising and we are committed to achieving the best long-term outcome for our investors, our investee companies and their employees.
Our win-win approach and continuous motivation of all people involved is the key driver for ensuring superior performance. We roll up our sleeves and implement a “hands-on” investment approach positioning Synergia as the partner working hard together with the entrepreneur and the management of the investee companies towards the shared goal of generating long-lasting value and building stronger businesses.
We believe that commitment is the foundation for successful investing and building long-term value, contributing significantly to creating solid, long-lasting relationships grounded on mutual trust and respect. We are committed to understanding and aligning the interests of all our stakeholders since we strongly believe that this is the best possible way to create shared value.
At Synergia, our reputation is of paramount importance, therefore we follow the highest standards of business ethics in all our practices. We have a duty to all our investors, investee companies and stakeholders to constantly act in a transparent way and to apply the highest standards of integrity and corporate governance.
We pay great attention to promoting socially responsible and sustainable investing in our day-to-day operations, by raising internal awareness and providing a common set of expectations for all parties involved. We work to understand the footprint of the companies in which we invest and help them improve their efficiency, preserve their ability to do business in the future and create a positive impact on the environment, the society and the economy.
Synergia is managed by Hellenic Capital Partners (HCP) (www.hellenic-cp.com), an independent, established VC/PE management firm which combines a highly-experienced management team, with deep knowledge and know-how of the domestic VC/PE market and a superior track record.
Α dedicated and cohesive veteran team that has been working together for more than 15 years
High caliber professionals with complementary skill sets, prior experience & successful careers
First-hand knowledge & understanding of the inherent challenges of the Greek business landscape
Successful investments and divestments from corporates across different sectors, investment stages & through multiple economic cycles
A reputable and trusted partner for the investees
Superior returns to its investors since HCP’s Funds returns have been consistently outperforming peer group returns and related benchmarks
Our diverse previous experience across different sectors, investment stages and though all economic cycles has sharpened our investment approach and skills, helped us broaden our perspective and gain deep business insight as well as unique and invaluable experiences beyond those possessed by a typical VC/PE professional.
We have been working together for more than 15 years
We have managed 4 funds with c. €86m aggregate committed capital, 2 are fully liquidated achieving net IRRs in excess of 20%
We have implemented different investment strategies (i.e. generalist /sector focused, equity/quasi equity, equity minority/majority, buyouts) and a variety of successful exit strategies (i.e. IPO, trade sale, secondary sale, MBI, buyback)
We implemented successfully our investees’ Business Plans with the appropriate market driven modifications (i.e. downsizing when deemed appropriate, secured alternative financing)
We pursued investments in businesses that could be grouped (within a sector) and achieve scale, aiming at attracting international investors’ interest and enabling self-engineered type of exit
We proved our ability in successfully navigating through the rough waters of the unprecedented Greek crisis since we managed to keep investment objectives on track, safeguard the unity and the coherence of our funds and restore their positive outlook
We successfully attracted alternative financing when the bank financing window was abruptly closed in Greece, (e.g. international & domestic vendor financing)
Having also handled majority stakes through our previous funds, we have learned to assume and carry over successfully the full spectrum of operational & strategic tasks and responsibilities of the entrepreneur/business owner
Thus, having sat on both sides of the table, we fully understand the entrepreneur’s inherent considerations and challenges
We have mobilized additional funds of over €125m from other financial backers (financial institutions, co-investors, vendors etc) on behalf of our investee companies
EquiFund investment platform (https://www.espa.gr/el/pages/EquiFund.aspx) is an initiative created by cooperation between the Hellenic Republic and European Investment Fund (EIF). It is financed by the Greek ESIF Fund of Funds TAESYM under the European Union / European Regional Development Fund / Operational Programme EPANEK, the EIF and private investors, with the objective to facilitate access to finance, mainly to SMEs, by developing the Venture Capital/Private Equity (“VC/PE”) in Greece in cooperation with selected Financial Intermediaries.