Amsterdam-based HPE Growth (website), a prominent growth investor specializing in European technology firms, unveiled that PPRO founder Philipp Nieland and his Nieland Family Office, known for its expertise in global technology investments with digital business models spanning two decades, is making a minority GP investment into HPE Growth. This strategic partnership will facilitate the expansion of HPE Growth‘s technology investment platform.
The Nieland Family Office‘s involvement will offer not only capital but also a wealth of expertise and connections within the tech entrepreneur community. Philipp Nieland, a tech entrepreneur behind ventures like PPRO and Dock Financial, brings his extensive experience to this collaboration. The bond between Nieland and HPE Growth has thrived for over a decade, with PPRO being HPE Growth‘s inaugural fintech investment, demonstrating the lasting partnership between the two entities.
Nieland highlighted, “The aligned partnership between HPE Growth and our family office is a perfect fit. Our long-standing association with HPE Growth, along with their investment philosophy and thorough value creation approach, gives us unwavering confidence in their future endeavors as a true investment platform.“
This move not only supports shareholder group realignment and succession planning but also capitalizes on the trend of GP stake partnerships. By welcoming the Nieland Family Office, HPE Growth gains the ability to fortify its platform, further elevating its standing in the market alongside other notable collaborations.
HPE Growth, established in 2010, specializes in offering growth capital investments to early to mid-stage technology companies throughout Europe. With a robust asset base exceeding €500M, HPE Growth employs a comprehensive strategy across diverse product offerings in the digital technology domain.The Nieland Family Office‘s involvement is set to bolster HPE Growth‘s operational capabilities, innovative investment approaches, and tech industry insights.
The partnership also facilitates an increase in GP commitment per fund, benefiting ongoing products like “HPE Growth Fund III” and the impactful “Digital Climate Fund.”This alliance reinforces HPE Growth‘s stature as a premier digital technology investment platform in Europe and enhances its scope for expansion.