Sound Growth Closes Fund I
Search

Sound Growth Closes Fund I

The firm's inaugural fund was over subscribed and closed at its hard cap with $275 million of capital

Sound Growth Partners (SGP) has held an oversubscribed and hard cap closing of its inaugural fund with $275 million in capital commitments, including anticipated leverage from the SBA.

SGP was founded in October 2023 by its managing partners Kyle Largent and Peter Roushdy, and its partners David Glazer and Travis Steele. All four founders are former investment professionals of Gladstone Investment Corporation and have extensive experience investing in, supporting, and growing lower middle market companies.

SGP invests in companies with $2 million to $10 million of EBITDA that are active in consumer products or services, business products or services, distribution, or light manufacturing. SGP’s investment strategies include its “One-Stop Buyout” program which provides all the capital necessary to close an acquisition.

Joining the founders at SGP are CFO Vera Feinhaus and Associate Chris Casamassima. Ms. Feinhaus, who has 20 years of experience, is responsible for all financial and operational functions, and Mr. Casamassima is active with transaction execution, due diligence, and portfolio management.

Sound Growth Partners has offices in Seattle, Washington DC, and Dallas.

© 2024 Private Equity Professional | June 6, 2024

To search in site, type your keyword and hit enter