Luminate Closes Second Fund

Luminate Closes Second Fund

Luminate Capital Partners has closed Luminate Capital Partners II LP with $425 million of committed capital. The firm’s earlier fund closed in June 2017 with more than $265 million of capital commitments. Luminate makes control investments in companies operating in the software and software-enabled services sectors. Specific areas of interest include vertical applications, SaaS, back […]

Campbell Lutyens Opens Charlotte Office

Campbell Lutyens Opens Charlotte Office

Campbell Lutyens, a fund placement agent and secondaries advisor, has opened a new office in Charlotte, NC led by Principal Matt Flynn who joined the firm earlier this year. The opening of the Charlotte office brings Campbell Lutyens’ US office total to four and is an example of the continued growth of its activities in […]

Key Banc Chemicals Pro Joins SK Capital

Key Banc Chemicals Pro Joins SK Capital

SK Capital Partners has added Mario Toukan to its investment team as a new Managing Director. Mr. Toukan has over 20 years of mergers and acquisitions experience focused on the chemicals sector. He has been with KeyBanc Capital Markets since 2004 and in 2012 he became the firm’s Global Head of Chemicals and Materials. “Our […]

Sole Source Hits Hard Cap

Sole Source Hits Hard Cap

Sole Source Capital has closed its inaugural funds, SSC Partners I LP and SSC Partners I-A LP, at the combined hard cap of $160 million. Sole Source is an operationally-focused lower-middle market private equity firm that targets controlling interests in manufacturing, distribution, and industrial service companies that have from $50 million to $200 million of […]

Geneva Glen Promotes and Hires

Geneva Glen Promotes and Hires

Geneva Glen Capital had added Jack Kelly to its investment team as a new Associate and has promoted Greg Irons to Senior Associate. Geneva Glen invests in US and Canadian based lower middle-market companies that have EBITDAs between $3 million and $25 million. Sectors of interest include business and consumer services; consumer products; environmental services; […]

ParkerGale Hits Fund II Hard Cap

ParkerGale Hits Fund II Hard Cap

ParkerGale has closed the firm’s second buyout fund at the hard cap of $375 million and above the target of $300 million. Chicago-based ParkerGale makes control investments in profitable, founder-owned technology companies and corporate carve-outs in the small end of the middle market. The firm generally commits $30 million to $50 million of equity in […]

Monroe Closes Latest Fund

Monroe Closes Latest Fund

Monroe Capital has held a final close of Monroe Capital Private Credit Fund III (Fund III) with $1.33 billion of limited partner commitments. When combined with targeted leverage, Fund III will have more than $2.5 billion of capital available for investment. Fund III will invest in private credit transactions originated and underwritten by Monroe including […]

Main Post Closes Sophomore Fund

Main Post Closes Sophomore Fund

Main Post Partners has held a final closing of its second fund, Main Post Growth Capital II LP (Fund II), with $700 million of capital commitments. The new fund was oversubscribed and closed at its hard cap less than three months after the launch of fundraising. Main Post makes both control and non-control investments in […]

New Banker at Raymond James

New Banker at Raymond James

Raymond James has added John Barrymore to its consumer investment banking practice as a managing director. Mr. Barrymore will focus on the firm’s efforts in the food, nutrition and consumer health sectors, areas in which he has worked exclusively during his 22-year career. “John is a highly regarded professional with an exceptional understanding of his […]

Abacus Backs Frontenac Add-on

Abacus Backs Frontenac Add-on

Abacus Finance Group served as Administrative Agent and Lead Arranger for senior secured credit facilities to support the add-on addition of Drew’s Organics by Schlotterbeck & Foss, a Frontenac portfolio company since September 2017. Drew’s Organics is a manufacturer of organic and non-GMO dressings, marinades and salsas based in Chester, VT (drewsorganics.com). Schlotterbeck & Foss […]