Pine Tree Equity, a Miami-based private equity firm, has closed Pine Tree Equity III with $100 million in total commitments. The capital raise was executed in less than 90 days and brings the firm's total committed capital base to nearly $200 million. Pine Tree Equity III will invest in and expand small capitalization companies with revenues between $10 million and $50 million or EBITDA of $2 million to $6 million. The firm looks to invest in companies with defensible market positions in the business, consumer and financial services; consumer products; franchisors and franchisees; and niche manufacturing industries.
