Solis Capital Partners, a lower-middle-market private equity firm, has closed its second fund, Solis II, with $61 million in capital commitments. Based in Newport Beach, CA, Solis invests across a number of industries, including business services, niche manufacturing and software, typically targeting companies in the Western United States. Solis II was first put to use in March 2012 through an investment in gen-E, an IT process automation company based in San Clemente, CA.
