McCarthy Capital has held a closing of McCarthy Capital Fund VI, LP at $213 million. The firm’s earlier fund, McCarthy Capital Fund V, had a final close in June 2011 with $158 million in capital.
McCarthy Capital invests from $10 million to $50 million in middle market companies across a range of industries – the firm is effectively industry agnostic – with annual revenues of at least $15 million and annual cash flows of at least $3 million. McCarthy makes both control and non-control investments.
McCarthy Capital’s most recent transaction was the September 2015 sale of Medical Solutions, an interim clinical staffing company, to Beecken Petty O’Keefe & Company and Heritage Group. During its ownership of Medical Solutions – a portfolio company of McCarthy’s fifth fund – revenue grew by nearly five times through both organic growth and the 2013 acquisition of OA Nurse Travel. Medical Solutions has offices in Omaha, San Diego, Cincinnati, and Tupelo, MS (www.MedicalSolutions.com).
McCarthy Capital was founded by Michael McCarthy in 1986 and has invested in over fifty companies, including Cabela’s, Peak 10, Guild Mortgage Company, and Vornado Air. Today, the firm has approximately $1 billion in capital under management and is based in Omaha with an additional office in Boston (www.mccarthycapital.com).
© 2015 PEPD • Private Equity’s Leading News Magazine • 11-16-15
