Thomas H. Lee Partners has held a final close of its ninth flagship fund, Thomas H. Lee Equity Fund IX LP, at its hard cap with $5.6 billion in capital commitments. Limited partners in Fund IX include new and existing public and private pension funds, sovereign wealth funds, banks, insurance companies, endowments, foundations, family offices,…...
Archives for October 5, 2021
Balance Point Beats Target on Latest Fund
Balance Point Capital has held a final close of Balance Point Capital Partners V LP (BPCP V), the firm’s sixth fund, with capital commitments of approximately $580 million, exceeding the fund’s target of $425 million. The new fund received commitments from both existing and new investors including public and private pension funds, insurance companies and…...
Falfurrias Stays Hot with Buy of Salsa Maker
Sauer Brands, a portfolio company of Falfurrias Capital Partners, has acquired Mateo’s Gourmet Salsa. Mateo’s all-natural line of shelf-stable salsa products – available in mild, medium and hot formats – are sold across the country through Costco, Walmart, Target, Publix, Kroger, and other major retailers. Additional products of the company include beverage mixes (Bloody Mary…...
Quad-C Exits Stanton Carpet
Quad-C Management has completed its sale of Stanton Carpet to Dunes Point Capital. Quad-C acquired Stanton Carpet from Norwest Equity Partners (NEP) in November 2016. Stanton Carpet is a value-added distributor of decorative, self-branded carpet, custom rugs and vinyl plank products. Company-owned brands include Stanton, Antrim, Royal Dutch, Atelier, Rosecore and Crescent. The company sells…...
