PRESS RELEASE
4 December 2025

Macfarlanes Advises Expedition On Close Of $375m Expedition Growth Capital III

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Macfarlanes LLP

Contributor

We are a London-based law firm, built and shaped around the needs of our clients. Our blend of expertise, agility and culture means we have the flexibility to meet our clients’ most challenging demands and to champion innovation. We operate in three broad areas: assisting clients with their major transactions, from complex M&A and real estate transactions to the creation of sophisticated financial products; aiding our clients with their most consequential litigation and investigations; and advising on all aspects of our clients’ private capital needs, working with asset managers, family offices and individual entrepreneurs. The scope of our services is distinct, and we are a foremost firm in each of these areas.
Macfarlanes has advised Expedition Growth Capital (Expedition), the leading software-specialist growth equity firm, on the successful first and final close of Expedition Growth Capital III at its $375m hard cap.
United Kingdom

Macfarlanes has advised Expedition Growth Capital (Expedition), the leading software-specialist growth equity firm, on the successful first and final close of Expedition Growth Capital III at its $375m hard cap.

The fundraise was completed four months after launch, reflecting strong support from new and existing limited partners for Expedition across Europe and the US. Fund III also saw a measured increase from Expedition's €250m Fund II in 2022.

The Macfarlanes team was led by Private Funds Partner Harriet Miller. Tax advice was led by Tax Partner Sophie Donnithorne-Tait.

Harriet Miller comments: "We are pleased to have advised Expedition on the successful close of Expedition Growth Capital III at $375m. It is testament to Expedition's strategy and track record achieving an oversubscribed, first-and-final close in this fundraising environment."

Contributor

We are a London-based law firm, built and shaped around the needs of our clients. Our blend of expertise, agility and culture means we have the flexibility to meet our clients’ most challenging demands and to champion innovation. We operate in three broad areas: assisting clients with their major transactions, from complex M&A and real estate transactions to the creation of sophisticated financial products; aiding our clients with their most consequential litigation and investigations; and advising on all aspects of our clients’ private capital needs, working with asset managers, family offices and individual entrepreneurs. The scope of our services is distinct, and we are a foremost firm in each of these areas.

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