Aspirity Partners announces final close of over €875 million for inaugural fund

Aspirity Partners, a next-generation pan-European private equity firm focused on Financial and Enterprise Technology Services, has announced the final close of its inaugural fund, Aspirity Partners I (“AP I”), at over €875 million. The fundraise reached its hard cap within six months after formal launch and was significantly oversubscribed, reflecting strong demand for Aspirity’s differentiated strategy and specialist approach.

The Firm is focused on growth buyouts and strategic minority investments in Financial Technology & Services and Enterprise Technology & Connectivity Services, sectors, investing between €50-€150 million per transaction in companies typically valued up to €500 million. Aspirity partners with exceptional businesses headquartered in Europe providing mission-critical B2B technology-enabled services, in sub-sectors benefiting from long-term secular growth trends, and where deep sector insight is differentiating.

Founder and Managing Partner Joseph O’Mara brings over two decades of transatlantic private equity expertise from leading institutions. Joseph is joined by co-founder Ralph Choufani, who brings over a decade of complementary private equity experience. Together, they have built a high-performance team of professionals, blending deep sector investment insight with hands-on operational experience.

The Aspirity ecosystem is supported by a network of Innovators and Leaders - globally recognised founders, entrepreneurs, and senior executives who provide specialist insights and functional support. This partnership-centric engagement model enables Aspirity to drive high-impact initiatives, accelerate internationalisation, and unlock transformative growth for portfolio companies which is invaluable to the Aspirity strategy.

The Fund received strong interest from blue chip investors globally, attracting commitments from highly regarded, institutional investors across North America, Europe, and Asia-Pacific. The investor base includes leading endowments and foundations, pension funds, global family offices, insurance companies, and fund-of-funds.

Joseph O’Mara, Managing Partner, commented, “We greatly appreciate the trust our investors have placed in us and their shared conviction in the significant opportunities within European Financial and Enterprise Technology Services. This is an important moment for Aspirity, and we are energised by the journey and opportunities ahead.” Ralph Choufani, Partner, added, “We look forward to delivering on our strategy, partnering with exceptional management teams, and supporting them reach their full potential.”

Aspirity Partners was supported by Rede Partners as fundraising adviser; Proskauer Rose and Arthur Cox as legal counsel; IQ-EQ as fund administrator; and Standish Management as GP administrator.