Romania’s Banca Transilvania joins new PE fund specialized in financing SMEs

Morphosis Capital, a newly-established Romanian private equity firm, announced on Tuesday, February 12, that Banca Transilvania will back its first investment fund, MC Fund I (MCFI), in a move aimed at financing Romanian small and medium-sized enterprises (SME), according to Romania-Insider.com.

MCFI was launched in 2018, with the European Investment Fund (EIF) as an anchor, through the Regional Operational Program co-financed by the European Regional Development Fund.

Morphosis Capital aims to invest at least EUR 5 million per transaction in successful Romanian SMEs active in consumer goods, medical services, technology, and B2B services. The fund is looking for companies with earnings before interest, depreciation, and amortization (EBITDA) of at least EUR 1 million, according to a press release.

Banca Transilvania joined Morphosis Capital Fund I to finance companies in Romania in a joint venture with the four Romanian entrepreneurs, founders of the investment fund.

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