Southfield Capital Closes Oversubscribed Fund IV at $560 million
- Editor
- May 8
- 1 min read
Whats Happening:
Southfield Capital, a lower middle market private equity firm, has successfully closed its fourth fund, Southfield Capital IV, at $560 million. The fund exceeded its original hard cap and was oversubscribed, attracting support from both existing and new institutional investors across the U.S. and internationally.
Key Moves:
Southfield Capital IV closes at $560 million, exceeding its hard cap
Fund attracts support from existing and new institutional investors
Southfield aims to at least triple the size of businesses it invests in
By The Numbers:
Fund IV raised $560 million in capital commitments
Southfield targets companies with $4-20 million in EBITDA
The firm has over twenty years of experience in the industry
Key Quotes:
"We are grateful for the continued trust and support of our limited partners, both returning and new," said Andy Levison, Managing Partner at Southfield
"The successful closing of Fund IV is a testament to the strength of our investment strategy and the caliber of our team," Levison added
"We remain committed to partnering with outstanding management teams to unlock significant value through digital transformation and strategic growth to deliver exceptional returns for our investors."
Bottom Line:
Southfield Capital's successful closing of Fund IV at $560 million, exceeding its hard cap, demonstrates strong investor confidence in the firm's lower middle market strategy. This oversubscribed fund positions Southfield to continue its focus on partnering with entrepreneur-built, growth-oriented business services companies, aiming to create significant value through digital transformation and strategic growth initiatives.
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