– Saothair Capital Partners, LLC, a private equity firm specializing in middle-market manufacturing and industrial companies, announced the final closing of its second fund.
– Saothair Fund II, L.P. secured $300 million in investor capital commitments, more than double the size of its $125 million predecessor, Fund I.
– The fund closing was significantly oversubscribed and occurred less than two years after Fund I’s close.
– Investors include a mix of existing and new institutional backers such as leading college and university endowments, single- and multi-family offices, and outsourced CIOs.
– Fund II will target control investments in manufacturing companies facing transition and complexity.
– Investment strategies include corporate carve-outs, bankruptcies, out-of-court restructurings, turnarounds, and other special situations.
– Kevin Madden, Co-Founder and Managing Partner, emphasized the firm’s mission to support manufacturing businesses at critical inflection points.
– Richard Lozyniak, Co-Founder and Operating Partner, highlighted Saothair’s hands-on, execution-oriented approach and commitment to long-term value creation.
