High Road Capital Partners Raises $320M for New Fund
December 10, 2013
High Road Capital Partners has completed the final closing of High Road Capital Partners Fund II with $320 million of capital commitments, well in excess of its $200 million target and twice the size of its predecessor fund. The fund will follow the strategy of acquiring well-performing companies in the U.S. and Canada with $3 million to $10 million in EBITDA and adding value through organic growth initiatives, complementary add-on acquisitions and operational improvements. Fund II, which has completed two platform acquisitions and one add-on acquisition to date, was raised in less than 12 months and without the use of a placement agent.