Inverness Graham, a Philadelphia, PA-based buyout firm, closed the Inverness Graham Green Light Fund, at $238m.
The Green Light Fund was specifically formed to pursue control buyouts of high-growth, lower middle market businesses delivering “Environmental Sustainability Now” – focused on meeting the rapidly growing demand for decarbonization and improved environmental outcomes today.
The fund strategically targets companies that provide products, software or services that improve efficiency and support environmentally sustainable solutions across a range of industries. At present, the vehicle is actively pursuing businesses in segments including Energy Monitoring & Management, Sustainable Packaging, Data Center Technology & Services, Supply Chain Software & Services and Managed IoT Services.
To date, the Fund has completed three investments, including Concord Servicing, a software-enabled platform for specialty loan servicing, with a focus on the solar and energy efficiency markets; Custom Agronomics, a manufacturer of innovative nutrient use efficiency, micronutrient and soil health products; and My Yield, a direct-to-grower specialty provider of integrated seed treatment solutions, application systems and agronomic support.
Led by Ken Graham, Founder & Chairman, Inverness Graham is a buyout firm that acquires innovative companies where technology is transforming traditional industry. The firm’s Flagship strategy focuses on high-growth businesses in Healthcare, Tech-Enabled Services / Software and Advanced Manufacturing. The firm’s Green Light strategy targets tech-enabled businesses where Environmental Sustainability is a key driver of accelerating growth.
FinSMEs
29/10/2024