About Us
Unlocking the unrealized value of Greek SMEs
SMERC
- Unlocking Potential, Realizing Results
A Private Equity Fund Management Firm focused on helping ambitious SMEs grow.
SMERC is a corporate mid-market alternative investment fund manager aiming to unlock the unrealized value and true potential of small and medium-sized enterprises, which form the backbone of the Greek economy.
We invest time, capital, and expertise in a socially responsible manner, partnering with management teams to build stronger, more resilient businesses with long-term growth prospects.
We invest responsibly to strengthen Greek mid-market companies, enhance resilience, and generate sustainable value for all stakeholders.
INVESTMENT STRATEGY
What We Do
We bridge the equity gap in Greek SMEs, focusing on 5 key value-creation pillars:
Sector Consolidation
Creating market leaders through active sector consolidation strategies.
Ownership Transition
Supporting the transition from family ownership to institutional control.
Capital Mobilization
Mobilizing funding to restructure balance sheets and accelerate sustainable growth.
Financing the Resilience Gap
Supporting the green energy transition, governance enhancement, inclusivity and gender equality, and digitalization and AI adoption.
Strategic & Management Enablement
Bridging strategic and management skills gaps to enable successful turnarounds.
Our investment strategy combines active ownership with hands-on operational involvement.
By working closely with management teams, we address structural inefficiencies, strengthen governance frameworks, and position companies for scalable growth and value creation.
How We Invest
Investment Criteria
We focus on SMEs with solid fundamentals, long-term growth potential, and responsible financial management.
Investment Size
€10–25 million
per industry cluster
Larger investments are possible in cooperation with co-investors.
Industries
Generalist fund with focus indicatively on:
- Light Manufacturing
- Food & Beverage
- Health
- Hospitality
- Business Services
Investment Horizon
Typical exit within three to seven years from initial investment.
Sectors outside Fund's scope
- Opportunistic Real Estate
- Shipping
- Gambling
- Tobacco Products
- Spirits
Our Funds
Our investment activities are carried out through dedicated fund structures.
SMERC I
SMERemediumCap SICAV RAIF
Year of closing:
2020
Assets Under Management:
€142m
Investment focus:
Turnaround & Restructuring
SMERC II
SMERemediumCap II SICAV RAIF
Year of closing:
2025
Assets Under Management:
€200m
Investment focus:
Growth Equity