Detroit, MI and Toronto, Canada-based private equity firm Huron Capital Partners completed the first and final closing of its fourth investment fund, at $500m.
The Huron Fund IV L.P., which exceedes its original target of $400m, was supported by current and new investors.
Founded in 1999, Huron Capital invests $10m to $70m to sponsor management buyouts, family succession transactions, market-entry strategies, corporate carve-outs, and recapitalizations of niche manufacturing, specialty service, and value-added distribution companies having revenues up to $200m.
The firm invests in a variety of industry sectors, including education & training, healthcare, specialty chemicals, specialty packaging, consumer products, home decor, business services, industrial manufacturing, food & beverage, and marketing services.
FinSMEs
15/01/2013