Rabo Capital and Friesland Bank Investments officially entered into a partnership on 1 December 2012. The new partnership will operate under the name Rabo Capital. The newly merged company aims to further expand its strong position in the mid-market private equity industry. The strategy will remain all but unchanged: Rabo Capital focuses on acquiring majority stakes in sustainable, fast-growing Dutch companies with a proven track record and operating profit of at least EUR 3 million. Although Rabo Capital is a generic investment company not specialising in any particular sector, it has tended to favour the food, health and services industries.