Tioopo Capital is pleased to announce the first close of its inaugural fund, TP1, targeting a total size of €80 million.

The first close was completed at 40% of the target size, marking a significant milestone in Tioopo's evolution from a multi-family backed investment platform to an institutional private equity firm.

TP1 will continue Tioopo's investment thesis of acquiring established, profitable small and mid-sized companies in niche industrial markets across France and the United Kingdom. The fund will partner with founder-led businesses through strategic transitions, providing both capital and operational expertise to support their next phase of growth.

Tioopo has already completed two investments through TP1, Tecniq in the ultra-luxury automotive sector, and Vectayn in engineering consultancy, both of which exemplify the firm's focus on technically excellent teams and businesses with strong defensive moats.

About TP1