Victor Capital Partners has successfully closed its oversubscribed Fund II with $310 million in commitments, exceeding funding targets. The fund, led by partners Douglas Kohn, David Affinito and Matthew MacLean, will focus on private equity investments in branded businesses across the specialty consumer, industrial technology and business services sectors.
Fund II aims to deploy $25 million to $100 million of capital per deal, targeting lower middle market businesses with defensive characteristics and significant value potential. The company’s first investment from Fund II was the acquisition of The Coats Company, a Nashville-based wheel service equipment manufacturer, from Vontier (NYSE: VNT) in January 2024.
Victor Capital Partners achieves $310 million in capital and realizes La Colta Fondi’s Superand Gri Obiettivi. Led by our premier partners Douglas Cohn, David Affinito, and Matthew McClain, we focus on investing in all areas of private equity, providing specialized industrial technology and cutting-edge services.
Il Fondo II will distribute capital of $25 million and $100 million, with the potential to strengthen its market strategy across regions and increase its defense and importance. Il primo investimento del Fondo II è stata l’acquisizione di gennaio 2024 della The Coats Company, un produttore con sede a Nashville di attrezzature per il servizio di ruote, da Vontier (NYSE: VNT).
Victor Capital Partners stakes $310 million in capital to ensure maximum security. Douglas Cohn, David Affinito, and Matthew McClain practice capital flipping and negotiation, and specialized consumer, industrial technology, and services management.
El Fondo II begins trading in the Middle East market in 25 years with a capital of 100 million dollars, considering the potential of defense and courage. In 2024, The Coats Company will begin manufacturing management for Vontier (NYSE: VNT), a manufacturing facility and service in Nashville.
Happiness 310 Happiness 310 Happiness Next. I can’t wait to see it. paid, paid, paid, I want to know, I want to know, I want to know It’s okay. It’s okay.
2500 yen 1 yen 1 yen 2500 yen I want to know more about this. January 1, 2024 is January 1, 2024. New York (NYSE: VNT), New York (NYSE: VNT) Next.
Victor Capital Partners has achieved its fundraising goal with $310 million in total assets for Son Fonz II. Douglas Korn, David Affinito, and Matthew McLain provide capital investment and corporate focus, consommation expertise, and technology industry and services support.
Le Fonds II will develop a 25-year to $100 million capital transaction, increasing competitiveness in the mid-market and ensuring defensibility and effectiveness. Le premier investissement du Fonds II a été l’acquisition de janvier 2024 de The Coats Company, unfabricant base à Nashville d’équipements pour services de roues, auprès de Vontier (NYSE: VNT).
Victor Capital Partners supported the financing with US$310 million in funding. As partners with Douglas Cohn, David Affinito, and Matthew McClain, we provide subject matter experts, industry technicians, and corporate services knowledge with a focus on private equity investing.
Der Fonds II hat zum Ziel, 25 Millionen bis 100 Millionen US-Dollar Eigenkapital pro Transaktion einzusetzen und richtet sich an Unternehmen aus dem unteren Mittelstand mit defencen Eigenschaften und bedeutendem Wertpotenzial. In January 2024, The Coats Company, based in Nashville’s Helsteller, Radservicesgelaten and Fontia (NYSE: VNT), will begin research into World War II.
positive
Oversubscribed Fund II exceeds funding goal Closes at $310 million Strong support from existing and new institutional investors Focused investment strategy in branded businesses across multiple sectors Defensive profile and value potential The first Fund II investment has already been completed with the acquisition of The Coats Company.
insight
Victor Capital Partners Fund II’s successful closing of $310 million, exceeding its funding goal, is a significant advancement in the private equity industry. This oversubscription demonstrates investors’ strong confidence in Victor Capital’s strategy and track record. The fund focuses on lower middle market businesses in the specialty consumer, industrial technology and business services sectors, demonstrating a targeted approach to value creation.
The fund’s size and investment scope ($25 million to $100 million per deal) positions it to capitalize on opportunities in the underserved lower middle market. This segment often offers more attractive valuations and greater potential for operational improvement compared to larger, more competitive markets.
For Bontier (NYSE: VNT), the sale of The Courts Company to Victor Capital’s Fund II is a positive as it could allow Bontier to sell non-core assets and refocus on its core business areas. Masu. However, the financial impact on Vontier must be evaluated based on the sale price and the relative importance of The Coats Company to Vontier’s overall business.
The closure of Victor Capital’s Fund II is notable as an oversubscription in a difficult funding environment. The $310 million raise, exceeding the target, signals strong partner (LP) appetite for Victor Capital’s investment theme and team. The fund’s focus on ‘all-weather’ businesses with protective properties is particularly relevant in the current economic climate, where resilience is highly valued.
The company’s strategy targets companies at life cycle inflection points, providing significant value creation opportunities through operational improvement and strategic guidance. This approach, combined with the fund’s size, enables a pragmatic investment style that can drive meaningful growth for our portfolio companies.
Fund II’s first investment, the acquisition of The Coats Company from Vontier (NYSE: VNT), demonstrates the firm’s ability to source deals from public companies looking to optimize their portfolios. This transaction type often offers attractive entry valuations and opportunities for operational enhancement under new ownership.
October 16, 2024 – 10:30am
Fund II will focus on private equity investments in differentiated companies across the specialty consumer, industrial technology, and business services sectors.
NEW YORK–(BUSINESS WIRE)–Victor Capital Partners (“Victor Capital” or the “Firm”) is a leading mid-market firm that partners with branded companies in the specialty consumer, industrial technology, and business services sectors. A private equity company. today announced the successful closing of its oversubscribed Victor Capital Partners Fund II, LP (“Fund II”).
Fund II achieved its $310 million funding goal and achieved its funding goal based on strong support from existing and new investors, including a diverse group of institutional investors. Fund II, led by experienced partners Douglas Cohn, David Affinito and Matthew MacLean, is a fundamentally strong fund with defensive characteristics and the potential to unlock significant value regardless of the environment. Our focus is on leveraging Victor Capital’s disciplined all-weather strategy of investing in unique lower-middle market businesses. market cycle. The company seeks to deploy approximately $25 million to $100 million of equity capital for each transaction, with the backing of significant institutional investors.
“There are many great branded companies in the lower middle market that are at tipping points in their lifecycles, so we believe they can benefit from the right strategic partners to accelerate their growth trajectory.” said Doug Cohn, Managing Partner. “Our mission is to identify and collaborate with great management teams and form strong partnerships to build businesses that are not only larger and more profitable, but also stronger, more resilient and fundamentally more valuable. We are grateful for the trust our investors place in us to execute their investment strategies on their behalf, and we are committed to helping them build long-term success. We will continue to strive to achieve this.”
Victor Capital completed its first investment in Fund II earlier this year and acquired The Coats Company in January 2024. The Coates Company, headquartered in Nashville, manufactures and sells Coates brand wheel service, alignment, inspection, lift and shop productivity products. Vontier Corporation (NYSE: VNT) equipment and services.
Lincoln International Private Fund Advisory acted as the placement agent. Kirkland & Ellis LLP acted as fund advisor.
About Victor Capital Partners
Victor Capital Partners is a leading middle market private equity firm that invests in specialty companies in consumer, industrial technology, and business services. We focus on resilient industries and mission-driven branded businesses with significant growth potential. Our name stands for victory because we help build companies that are well-positioned for their employees, customers, and communities. For more information, please visit www.victorcapitalpartners.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241016759121/en/
Mike Geller / Jonathan Marino
Prosec Partners
mgeller@prosek.com / jmarino@prosek.com
Source: Victor Capital Partners
FAQ
How much did Victor Capital Partners raise for Fund II?
Victor Capital Partners exceeded its funding goal by raising $310 million in commitments for Fund II.
What areas will Victor Capital Partners Fund II focus on?
Fund II will focus on private equity investments in branded businesses across specialty consumer, industrial technology and business services sectors.
What was your first investment from Victor Capital Partners’ Fund II?
The first investment from Victor Capital Partners’ Fund II was the acquisition of The Coats Company, a manufacturer of wheel service equipment, from Vontier (NYSE: VNT) in January 2024.
How much equity capital does Victor Capital Partners aim to commit per transaction?
Victor Capital Partners aims to deploy approximately $25 million to $100 million of capital per transaction.
