Trending...
- Adostics & Genmega Announce the Introduction of A-POD
- Robin Launches Legal Intelligence Platform to solve intelligence gap in Fortune 500 legal teams
- Heritage at South Brunswick Offers Immediate Townhome Appointments and Special Mortgage Incentive Fast-Moving Sales
BETHESDA, Md.--(BUSINESS WIRE)--Rotunda Capital Partners ("Rotunda" or "RCP"), an operationally focused, lower middle market private equity firm, announces the successful final closing of its debut institutional private equity fund, Rotunda Capital Partners Fund II, L.P. (together with its parallel investment vehicle, "Fund II"). The fund closed on over $195 million of commitments, exceeding its original target of $175 million.
The new fund will allow RCP to continue backing family and founder owned companies in the value-added distribution, asset light logistics and the industrial/business services sectors. RCP was founded in 2009 as an independent sponsor and with Fund II, RCP now manages over $350 million in equity capital.
Fund II attracted strong interest, resulting in a diverse institutional investor base composed of leading insurance companies, hospital systems, foundations, funds of funds, family offices, as well as executives of companies where Rotunda professionals had previously invested.
More on Marylandian
"We are grateful for the strong investor support we received in closing our debut institutional fund above our target in an uncertain market environment," said John Fruehwirth, managing partner of Rotunda Capital Partners.
"We are excited to work with a great group of investors and appreciate their support of our team and strategy," said Bob Wickham, partner at Rotunda.
Dan Lipson, partner at RCP, noted that "Our investors have provided guidance and support as we seek to expand and implement the RCP thematic sourcing and operational improvement model. We are excited to continue to find management teams to support and great companies to buy."
INC. magazine recently named Rotunda as one of the top 50 best private equity firms for founders. Rotunda's tagline – "Real growth is a journey, and we'll navigate it with you" – reflects Rotunda's commitment to working together with families and founders to grow their businesses.
More on Marylandian
Corey Whisner, partner at RCP, said, "Rotunda will continue to build great companies by implementing our operational improvement system and data-driven approach to create a scalable infrastructure and accelerate growth."
UBS Securities, LLC advised as exclusive global placement agent on the Fund II fundraise. Kirkland & Ellis LLP serves as legal counsel to Rotunda.
About Rotunda Capital Partners
Rotunda Capital Partners is a private equity firm that invests equity capital in established, lower middle market companies. Rotunda partners with management to build data-driven growth platforms within its targeted sectors, including value-added distribution, asset light logistics and industrial/business services. Founded in 2009, the firm has a long history of helping management teams achieve their goals for growth. The Rotunda team actively provides guidance and draws on deep industry and financial relationships to contribute to the successful execution of Rotunda's companies' strategic plans. For more, visit www.rotundacapital.com
The new fund will allow RCP to continue backing family and founder owned companies in the value-added distribution, asset light logistics and the industrial/business services sectors. RCP was founded in 2009 as an independent sponsor and with Fund II, RCP now manages over $350 million in equity capital.
Fund II attracted strong interest, resulting in a diverse institutional investor base composed of leading insurance companies, hospital systems, foundations, funds of funds, family offices, as well as executives of companies where Rotunda professionals had previously invested.
More on Marylandian
- Maryland: Pesticide Advisory Committee Meeting Notice
- Maryland Horse Industry Board Meeting Notice
- Smart Resnse Unveils Smart Resnse(SRMS) Token-Powered AI Orchestration Platform to Revolutionize Multi-Billion Dollar Market
- Josh and Heidi Follow Up the Much Anticipated and Successful Launch of the "Spreading the Good BUZZ" Podcast with a Personal Request
- Local Filmmaker Brings Folklore and Film to Her Own Backyard in Silver Spring
"We are grateful for the strong investor support we received in closing our debut institutional fund above our target in an uncertain market environment," said John Fruehwirth, managing partner of Rotunda Capital Partners.
"We are excited to work with a great group of investors and appreciate their support of our team and strategy," said Bob Wickham, partner at Rotunda.
Dan Lipson, partner at RCP, noted that "Our investors have provided guidance and support as we seek to expand and implement the RCP thematic sourcing and operational improvement model. We are excited to continue to find management teams to support and great companies to buy."
INC. magazine recently named Rotunda as one of the top 50 best private equity firms for founders. Rotunda's tagline – "Real growth is a journey, and we'll navigate it with you" – reflects Rotunda's commitment to working together with families and founders to grow their businesses.
More on Marylandian
- Revolutionary Blockchain Platform Okh Finance Announces Okh Finance(OKKH) Token Launch to Transform Global Asset Leasing Market
- Cover Girl Finalist Teisha Mechetti Questions Legitimacy of Inked Originals Competition, Demands Transparency
- Easton & Easton, LLP Files Suit Against The Dwelling Place Anaheim & Vineyard USA Over Abuse Allegations
- AI Visibility: The Key to Beating Google's AI Overviews and Regaining Traffic
- Stuck Doing Math or Figuring Out Life's Numbers? Calculator.now Makes It Stupidly Simple
Corey Whisner, partner at RCP, said, "Rotunda will continue to build great companies by implementing our operational improvement system and data-driven approach to create a scalable infrastructure and accelerate growth."
UBS Securities, LLC advised as exclusive global placement agent on the Fund II fundraise. Kirkland & Ellis LLP serves as legal counsel to Rotunda.
About Rotunda Capital Partners
Rotunda Capital Partners is a private equity firm that invests equity capital in established, lower middle market companies. Rotunda partners with management to build data-driven growth platforms within its targeted sectors, including value-added distribution, asset light logistics and industrial/business services. Founded in 2009, the firm has a long history of helping management teams achieve their goals for growth. The Rotunda team actively provides guidance and draws on deep industry and financial relationships to contribute to the successful execution of Rotunda's companies' strategic plans. For more, visit www.rotundacapital.com
Filed Under: Business
0 Comments
Latest on Marylandian
- Heritage at South Brunswick Offers Immediate Townhome Appointments and Special Mortgage Incentive Fast-Moving Sales
- NASA Collaborative Agreement for Supply of Thin-Film Solar Tech for Orbital Application to Advance Development of Thin-Film PV Power Beaming: $ASTI
- Exciting New Era of Sports, Entertainment & Gaming Innovation Spotlighted by Rebrand of Expanding AI Driven, Online Fan Engagement Company: SEGG Media
- VFAF MD State Chapter Joins Texas Flood Relief Ops said Stan Fitzgerald Veterans for America First
- Service Ninjas Debuts First-of-Its-Kind "Membership" Platform for Home Service Pros
- Bruce In The USA Brings Immersive Bruce Springsteen Celebration to Frederick This October
- BIYA Forecasts 2025 Surge with ¥300M ($41.8 M USD) in Revenue and ¥25M Profit from Cloud Based HR Solutions: Baiya Intl. Group (N A S D A Q: BIYA)
- Paul E. Saperstein Co. Announces Geographic Expansion of Auction Services
- Florida Broker Bent Danholm Featured in the Daily Mail's U.S. Real Estate Coverage
- Robin Launches Legal Intelligence Platform to solve intelligence gap in Fortune 500 legal teams
- Melissa B. Releases Digitally Independent: Empowering Music Artists with AI and Brand Strategy
- Consumer Accountability Alliance Issues Formal Notice Alleging Proximate Liability for Medical Harm
- Utah Metal Fabricator Titan Forge Builds Momentum with Custom Steel Projects and Spiral Staircases
- Jason Koch: Pioneering the Future of Real Estate Development in New Jersey
- Bach and Beyond: Cellists Return to the Beach for 2nd Annual Bethany Beach Cellofest
- NR7 Miner launches zero-cost USDT cloud mining service: daily stable income + referral rewards for double profit
- Deaths Spur Closures, but Troubled Teen Camps Must Be Banned, CCHR Warns
- Palmer Lake Wine Festival To Build Bridges in Small Mountain Community, Highlight Local Businesses
- SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker