– Allied Industrial Partners closed its oversubscribed debut fund, Allied Industrial Partners I-A and I-B LP (“Fund I”), at its $300 million hard cap, surpassing the initial target of $250 million.
– More than 10% of Fund I was committed by Allied’s senior team, signaling strong alignment with investors.
– Allied has now raised over $1 billion in capital since its founding in 2019.
– Fund I attracted a diverse mix of institutional investors, including pensions, insurance companies, financial institutions, foundations, funds-of-funds, and family offices.
– Fund I is expected to be over 70% deployed and allocated by year-end 2025.
– Co-founders Bradford Rossi and Philip Wright emphasize the firm’s investor relationships, operational focus, and mission to scale the next generation of industrial leaders.
– Allied applies deep operational expertise to high-growth industrial businesses with a focus on sustainability and resilience.
– Allied has grown into a 15-person team and deployed over $200 million across five investments prior to Fund I (Nov 2020–Dec 2023).
– To date, Allied has completed seven platform investments and 30 add-on acquisitions, including: Dovetail Infrastructure Services, CES Power, Waste Eliminator, Wall Recycling, Mat Tech Industrial Services, Celebrity Coaches, JCL Energy.
– Allied is committed to driving operational transformation and continues to evaluate a strong pipeline of opportunities in targeted industrial subsectors.
