Trive Capital, a Dallas, TX-based private equity firm, closed Trive Capital Fund V, LP, with total commitments of $2.7 billion.
Trive’s predecessor program closed in April 2022 on $2.0 billion.
Led by Conner Searcy, and Chris Zugaro, Trive Capital is a private equity firm with more than $8 billion of regulatory assets under management. Trive focuses on investing equity and debt in strategically viable middle-market companies with the potential for transformational upside through operational improvement.
Fund V will continue to invest in middle-market companies with a sector-agnostic but situation-specific approach.
The vehicle has already made seven investments. Over the last twelve months across all funds, Trive has executed 10 platform investments and 19 add-on investments and completed three exits and dividend recapitalizations, most recently completing the successful IPO of Karman Space & Defense.
FinSMEs
03/04/2025