• Pantheon co-led an about EUR 750 million single-asset continuation vehicle for Exponent to extend its investment in H&MV Engineering.
• The deal valued H&MV at EUR 1.4 billion, nearly 12x Exponent’s 2022 entry valuation.
• The oversubscribed vehicle, led by Apollo S3, Pantheon, and SQ Capital, will fund H&MV’s international growth, with a focus on US expansion.
• Exponent’s continuation vehicle, alongside Exponent Fund V, will acquire H&MV from Exponent Fund IV, subject to regulatory approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pantheon Ventures HK LLP published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.