Victor Capital Partners, a NYC-based middle market private equity firm that partners with branded businesses in the specialty consumer, industrial technology, and business services sectors, closed Victor Capital Partners Fund II, at $310M.
Fund II targets based on support from both existing and new investors including a diverse group of institutional limited partners.
Led by experienced partners Douglas Korn, David Affinito, and Matthew McLain, the fund will focus on investing in fundamentally strong lower middle market businesses that possess defensive characteristics and the potential to improve value regardless of the market cycle.
The firm, with its substantial institutional backing, is seeking to deploy roughly $25M to $100M of equity capital per transaction. It also completed its first investment in Fund II earlier this year, with its January 2024 acquisition of The Coats Company, a 76-year-old Nashville-based manufacturer and distributor of Coats-branded wheel service, alignment, inspection, lift and shop productivity equipment and services from Vontier Corporation (NYSE: VNT).
FinSMEs
17/10/2024