# Mentha Capital

Mentha Capital is a Private Equity based in Amsterdam, Netherlands.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Amsterdam, Netherlands
- **Region:** Europe
- **Address:** Nieuwendammerdijk 538, 1023 BX Amsterdam, Netherlands
- **Founded:** 2007
- **Assets under management:** Undisclosed
- **Website:** mentha.eu
- **LinkedIn:** https://www.linkedin.com/company/mentha-capital

## Regulatory record

- **Reports private funds:** No

## About

Mentha Capital is an independent private equity firm founded in 2007 in Amsterdam, Netherlands. The firm invests in established companies with EBITDA of €2 to €20 million in the Netherlands, Belgium, Denmark, and Germany. Mentha Capital has made 18 investments and facilitated 8 portfolio exits, including Brownline on August 26, 2025.

## Sectors

- Advanced Manufacturing
- Business Services
- Consumer
- Health & Wellbeing
- Impact
- Technology

## Offices

- Greater Copenhagen, Denmark
- Antwerp, Belgium

## Questions

### How does Mentha Capital source deals differently from other Benelux private equity firms?

Mentha builds relationships directly with founders and family-business owners, targeting succession-driven transitions rather than broad auction processes. The firm's regional presence across Amsterdam, Antwerp, and Copenhagen gives it local-language, on-the-ground access to privately held companies in the Netherlands, Belgium, and Denmark. Its website states it limits the number of partnerships it enters each year to maintain deep engagement.

### How is Mentha Capital's impact fund structured relative to its buyout fund?

Mentha operates two distinct fund families: a traditional buyout strategy and a dedicated impact strategy. Each has its own committed capital and LP base, with the impact fund required to meet specific sustainability criteria in deal selection and portfolio management. The firm publicly commits 7.5% of annual profits to non-profit initiatives and mandates full carbon offsetting at the firm level.

### What investment stages does Mentha Capital target?

The firm concentrates on established, medium-sized, and profitable companies that require growth capital, succession solutions, or operational transformation. It does not target early-stage startups. Mentha's portfolio includes both mature industrial services companies like SPC and growth-stage digital businesses such as Ciphix and Amsterdam Data Collective.

### Which sectors does Mentha Capital explicitly avoid?

Mentha does not publish an explicit exclusion list. However, its disclosed portfolio and stated focus on sustainability and operational transformation suggest it avoids extractive industries, heavy manufacturing with undifferentiated environmental footprints, and highly regulated sectors such as defense or tobacco. The firm's ESG statement and impact fund further screen for environmental and social alignment.

### Who runs investment decisions at Mentha Capital?

Mentha operates as a collective of professionals without publicly identifying a single CIO or named investment committee on its website. The firm describes a team-based, collaborative decision-making process where specialists from financial and operational backgrounds jointly evaluate and manage partnerships. Specific named principals are not disclosed on the public website.

## Related profiles

- [Menterra Venture Advisors](https://altss.com/profile/menterra-venture-advisors)
- [Mentor's Fund](https://altss.com/profile/mentor-s-fund)

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Last updated: 2026-07-08T22:41:15.229Z

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