CapitalSpring, a leading multi-strategy investment firm focused on the restaurant and foodservice industries and other multi-unit business models, today announced the final closing of CapitalSpring Investment Partners VI, L.P. and parallel funds (“Fund VI” or the “Fund”) with $950 million of capital commitments. Fund VI was substantially oversubscribed and exceeded its target of $750 million. The Fund attracted backing from a diverse group of existing and new limited partners in the US and internationally, including public and private pensions, endowments, foundations, funds of funds and family offices.
Fund VI’s investment strategy focuses on providing structured loans and private equity solutions in support of buyouts, add-on acquisitions, organic growth, recapitalization and other complex financing needs. The Fund will target investments ranging from $10 million to $150 million across the restaurant and foodservice industries as well as in related businesses across the business services, technology and manufacturing sectors. CapitalSpring seeks to be a capital partner of choice to proven management teams by leveraging its deep sector expertise, in-house strategic operations resources and broad network of industry relationships to support its portfolio companies.
Since the initial close, CapitalSpring has already completed four investments in Fund VI, representing over $200 million of invested capital.
Read more: PR Newswire
