STAMFORD, Conn., July 9, 2024
/PRNewswire/ -- Avesi Partners LLC ("Avesi" or the "Firm"), a
private equity firm specializing in healthcare and business
services, is pleased to announce the successful closing of Avesi
Partners Fund II LP ("Fund II") at $1.35
billion. Fund II was significantly oversubscribed,
surpassing its initial target, and closed at its hard cap just
several months after launching. The total includes a sizeable
commitment from Avesi Partners, underscoring the Firm's strong
alignment with its investors.
Chris Laitala, Managing Partner
and Chief Investment Officer of Avesi Partners, commented, "We are
grateful to our limited partners for their trust in and support of
Avesi. Like our previous fund, we attracted a prestigious group of
well-respected investors to Fund II. I would also like to
acknowledge and extend our sincere thanks to our portfolio
companies, founders and partners, whose success alongside Avesi is
a testament to our shared vision of partnership and growth."
Mr. Laitala continued, "We are proud of our track record in
identifying businesses experiencing exceptional growth, and helping
founders and management teams achieve their long-term vision,
sooner, and with less risk. We believe this is an opportune time to
capitalize on select themes for investments within the lower middle
market."
About Avesi Partners
Avesi Partners, with offices in Stamford, CT and Richmond, VA, focuses on partnering with
lower-middle market privately held and family-owned businesses in
key sectors of the economy, including healthcare services and
business services. Avesi seeks to provide the expertise and
resources to empower businesses to attain their full vision in a
time and capital efficient manner. Avesi's goal is to collaborate
with families, founders and executives to accelerate growth and
expansion while positioning the businesses to achieve long-term
success and enduring value. Target platform companies typically
have approximately $10-30 million of
EBITDA.
For further information, visit www.avesipartners.com or
www.linkedin.com/company/avesi-partners.
Contact:
Raquel Cona
KCSA Strategic Communications
rcona@kcsa.com
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SOURCE Avesi Partners