Tritium Partners, an Austin, TX-based non-public fairness agency investing in progress firms within the decrease center market, raised $684M for its third fund.
Buyers included retirement techniques, non-public pension plans, college endowments, foundations, diversified monetary establishments and insurance coverage firms.
Based in 2013 and led by Managing Companions Matt Bowman, Philip Siegel, and David Lack, Tritium Companions is a personal fairness agency centered on expertise and providers firms with distinctive progress potential. The agency actively companions with proficient founders and executives to attempt to construct firms by means of methods, whereas sustaining capital effectivity. Its strategy emphasizes creating long-term worth by means of each strategic progress initiatives and acquisitions, with specialised experience in web marketplaces, provide chain and logistics, fintech and monetary providers, software program, knowledge and analytics, and tech-enabled enterprise providers firms.
The agency, which has accomplished 24 platform investments throughout Tritium I and II, has additionally accomplished its first three investments in Tritium III.
It now manages practically $1.5 billion of capital commitments throughout its funds.
FinSMEs
28/01/2023
