Press Release Warren Equity Partners Manager, L.P. (“WEP” or the “Firm”) announced the final close of its latest flagship private equity investment fund, Warren Equity Partners Fund IV, L.P. and Warren Equity Partners Fund IV-A, L.P. (collectively, “WEP IV”) at over…
Warren Equity raises $673m for infrastructure-focused buyout fund Wednesday, May 05, 2021
Laxman Pai, Opalesque Asia:
Warren Equity Partners, a private equity firm that invests in the lower middle market primarily in North America, has wrapped up its latest fundraising effort with $673 million.
According to a press release from the firm that backs industrial businesses focused on upgrading and supporting infrastructure and buildings, the final tally for Warren Equity Partners Fund III LP and a related parallel fund more than doubled the initial size of the Florida-based firm s previous fund, which closed with $310 million in 2019.
Founded in mid-2015 by Steven Wacaster, Scott Bruckmann, and Henrik Dahlback, WEP invests in the form of buyouts and recapitalizations in established North American companies with a focus on businesses that maintain, operate, and upgrade infrastructure. The Firm currently manages $1.2 billion and has completed 48 transactions, including the acqui