Elikonos Capital Partners

What Elikonos Capital Partners does

Elikonos Capital Partners (legal entity: Elikonos Capital Partners S.á.r.l.) is an independent private equity and alternative-asset manager headquartered in Athens, Greece, with a registered office in Luxembourg. The firm traces its roots to First Athens Corporate Finance, established in Athens in 2010 as a corporate finance boutique; it subsequently rebranded to Elikonos and today operates three distinct fund vehicles: Elikonos Jeremie SCA SICAR, an early-stage technology SMEs fund currently under liquidation; Elikonos 2 SCA SICAR, a later/expansion-stage growth SMEs fund with an €71m final closing (subsequently expanded to €85m including co-investment) that has deployed capital into thirteen Greek portfolio companies; and E3, a hedge fund investing mainly in long-biased stocks.

The business model is fund management: Elikonos raises capital from institutional LPs — notably EquiFund, the European Investment Fund, the European Investment Bank via the European Fund for Strategic Investments (Juncker Plan), and the European Union — and invests it as minority equity in Greek SMEs across food and beverage, packaging, seafood/aquaculture, cold-chain logistics, mobility, cosmetics, and technology. Revenue is generated from management fees on committed/invested capital and from carried interest on successful exits. The firm has completed at least two fully disclosed exits (Eurocatering in August 2024 to Latsco Family Office; Megas Yeeros in April 2025 to EOS Hellenic Renaissance Fund II) and references a third. Distribution is direct, relationship-based enterprise sales targeting Greek growth SMEs; go-to-market relies on active deal-flow sourcing, due diligence, and post-investment value addition through an Investment Committee and Operating Partner bringing multi-sector multinational operating experience. Elikonos Capital AIFM has been licensed as an Alternative Investment Fund Manager by the Hellenic Capital Markets Commission (License No. 18/932/12.10.21), and the firm is a member of the GlobalScope M&A advisory network.

Name

Elikonos Capital Partners

Legal name

Elikonos Capital Partners S.ár.l.

Website

https://elikonos.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Elikonos Capital Partners is an independent Greek private equity firm managing multiple funds — Elikonos 2 SCA SICAR (€71m growth SME vehicle), Elikonos Jeremie SCA SICAR (early-stage, in liquidation), and E3 (long-biased hedge fund) — that invests minority growth capital in Greek SMEs with strong management teams, backed by EU institutional LPs.

Ownership category

akta.pro rank

Product category

Private Equity Fund Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282)

akta.pro primary industry

Multi-Sector / Generalist Growth Equity (FSANACAO)

Keywords

• Private equity investments
• Venture capital management
• Growth capital funding
• SME equity investing
• Fund management services

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Private Equity Fund Management: Elikonos manages private equity funds (Elikonos Jeremie SCA SICAR, Elikonos 2 SCA SICAR, E3 hedge fund) and generates revenue through management fees and carried interest from successful portfolio company exits.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Elikonos Capital Partners is an independent private equity investment firm that manages three fund vehicles — Elikonos Jeremie SCA SICAR (early-stage technology SMEs, under liquidation), Elikonos 2 SCA SICAR (later/expansion stage growth SMEs), and E3 (long-biased hedge fund) — and invests primarily through minority equity stakes in Greek SMEs with sustainable growth strategies and strong management teams. The firm sources deals actively, performs thorough due diligence, structures flexible transaction types, and adds post-investment value, targeting visible exit options at the time of investment.

Product overview

Elikonos Capital Partners operates as an independent private equity and hedge fund investment firm managing three distinct funds targeting the Greek market. The fund family includes Elikonos Jeremie SCA SICAR (early-stage technology SMEs under liquidation), Elikonos 2 SCA SICAR (later/expansion stage growth SMEs with €71m final closing and EquiFund backing), and E3 (hedge fund focused on long-biased stock investments). The firm targets Greek companies with sustainable growth strategies and strong management teams.

Differentiator

Problem solved

Functional benefit

Brands

• Elikonos Jeremie SCA SICAR: Early stage technology SMEs fund (under liquidation).
• Elikonos 2 SCA SICAR
• E3

Products and services

• Elikonos Jeremie SCA SICAR

Quantifiable outcome

• Three successful exits completed (Megas Yeeros, Eurocatering, and others)

Named customers12 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• GlobalScopeminorStrategic or Co-development PartnerMember of GlobalScope - an independent M&A firms network with 10,000 happy clients, 55 independent M&A firms across a global family. First Athens Corporate Finance boutique established in 2010 providing M&A advisory, fund raising, IPO advisory, and corporate development services.

Scale indicators9 records

Recent moves10 records

Expansion highlights4 records

Direct peers

• EOS Capital Partners (Hellenic Renaissance Fund): Greek-focused mid-market PE firm that operates the Hellenic Renaissance Fund. Directly comparable as a domestic Greek growth-equity investor, and is in fact a counterparty Elikonos has transacted with — they bought Elikonos's stake in Megas Yeeros in April 2025.
• Praxi Capital Partners: Greece-based growth/buyout PE firm investing in Greek SMEs with a similar mid-market ticket size, GP structure, and domestic value-add approach. Overlap with Elikonos in target company profile, sector coverage (consumer/industrial), and LP base.
• AGC Equity Partners: Greek private equity manager focused on growth and expansion capital for Greek SMEs. Directly comparable on strategy (mid-market growth equity, minority and majority structures), geography, and target-company size band.
• Global Finance: Greece-based financial services and private equity firm where Elikonos Investment Committee member Takis Solomos previously worked. Comparable as a Greek PE/VC operator targeting domestic SMEs with similar funding sources and ticket sizes.

Broad incumbents

• Vectis Capital: Pan-European PE advisory and investment firm. Comparable as a larger, more diversified mid-market sponsor with overlapping deal-flow in European SMEs; Investment Committee member Takis Solomos previously worked at Vectis, illustrating direct personnel and execution overlap.
• MML Capital Partners: European mid-market PE firm with multi-fund platform and a multi-sector growth/buyout remit across the UK and continental Europe, including selective Greek/SEE exposure. Comparable as a larger mid-market manager whose European footprint overlaps with Elikonos's deal flow on pan-European SMEs.

Regional players

• 3TS Capital Partners: CETE/SEE-focused growth-equity and venture fund manager with active investments in Greek and regional SMEs. Comparable as a regional mid-market investor using EU institutional capital (EIF, EIB) — a similar playbook to Elikonos 2.
• Enterprise Investors: Polish-origin CEE/SEE private equity manager with EIF backing, operating multi-fund growth-equity strategies in the wider Central/South-East European mid market. Comparable as a regional fund-of-funds-friendly growth investor pursuing similar ticket sizes and sector breadth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elikonos Capital Partners