Tritium Partners, an Austin, TX-based private equity firm investing in growth companies in the lower middle market, raised $684M for its third fund.
Investors included retirement systems, private pension plans, university endowments, foundations, diversified financial institutions and insurance companies.
Founded in 2013 and led by Managing Partners Matt Bowman, Philip Siegel, and David Lack, Tritium Partners is a private equity firm focused on technology and services companies with exceptional growth potential. The firm actively partners with talented founders and executives to strive to build companies through strategies, while maintaining capital efficiency. Its approach emphasizes creating long-term value through both strategic growth initiatives and acquisitions, with specialized expertise in internet marketplaces, supply chain and logistics, fintech and financial services, software, data and analytics, and tech-enabled business services companies.
The firm, which has completed 24 platform investments across Tritium I and II, has also completed its first three investments in Tritium III.
It now manages nearly $1.5 billion of capital commitments across its funds.
FinSMEs
28/01/2023