Solis Capital Partners Closes Second Fund

Solis Capital Partners Closes Second Fund

Solis Capital Partners has held a closing of its second fund, Solis II, L.P., with $61 million in capital commitments.

“Solis’ consistent top quartile performance and fundamentals-based approach were essential for our fundraise success,” said Craig Dupper, Partner at Solis. “In Solis II, we will continue our proven method of generating superior returns through growth and improvement of lower middle-market businesses.”

Solis completed the first investment for its second fund in March of last year, acquiring an interest in gen-E, an information technology process automation software and services company based in San Clemente, CA (

Solis Capital Partners invests from $2 million to $25 million in companies with revenues between $15 million and $150 million that operate in the business services, niche manufacturing, and software sectors. Target companies are typically headquartered in the Western United States. The firm has offices in Newport Beach and San Diego (

“We are pleased with the success of Solis II, especially in this challenging fundraising environment,” said Daniel Lubeck, Managing Director and Founder of Solis. “We are encouraged by the support and strong interest from new institutional investors, and are gratified that so many of our Solis I investors have committed to Solis II. This is great validation of our team, strategy and processes which have consistently created value independent of economic cycles.”

© 2013 PEPD • Private Equity’s Leading News Magazine • 5-3-13

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