Patriot Capital Raises Over $250M for Fourth SBIC Fund
July 12, 2013
Patriot Capital has closed its fourth SBIC fund, Patriot Capital III SBIC, with over $250 million in commitments, exceeding its target by over 20%. The fund will focus on providing debt and equity capital to middle-market companies. With offices in Baltimore, Chicago and Dallas, Patriot Capital makes change-of-control transactions, recapitalizations, acquisitions, refinancings and growth investments in companies with typical revenues between $10 million and $200 million.