Milestone Partners IV Closes Latest Fund with $300M
April 5, 2013
Milestone Partners, a lower middle-market private equity firm, has closed Milestone Partners IV with total commitments of $300 million. The fund has already deployed $71 million over four acquisitions, including Martex Fiber and Image API. Capstone Partners served as exclusive global placement agent for the fund, which closed with a 25% increase in commitments from its predecessor fund. Milestone specializes in control equity investments in established operating businesses with valuations of up to $150 million.