Growth equity investing firm Edison Partners has closed its 10th fund, Edison Partners X, oversubscribed at USD450 million.
Fund X is the firm’s third consecutive fund dedicated to growth equity since 2015 and the largest in the firm’s 36-year history.
Edison Partners Fund X addresses the gap in the USD10 million to USD30 million emerging growth equity investment market in geographies outside of Silicon Valley. Fund X exemplifies Edison Partners’ deal flow leadership in markets with fewer capital sources, such as the Mid-Atlantic, the Midwest, the Southeast, and the Rocky Mountains. Fund X investments include a total of seven investments, five of which are from underserved geographies: Kaiyo (New York), MacroFab (Houston), Prepaid Technologies (Birmingham), Recycle Track Systems (New York) Slingshot Aerospace (Austin), Solutions by Text (Dallas), and Spiffy (Charlotte, NC).
Read more: Private Equity Wire
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