– Percheron Capital (“Percheron”) is the largest private equity firm focused on essential services.
– Announced the closing of its third fund, Percheron Capital Fund III (“Fund III”), with approximately $3.1 billion in total commitments.
– Fund III was significantly oversubscribed and closed at its hard cap.
– Strong support came from existing investors, along with new commitments from a diverse, global group of institutions.
– Percheron manages over $7.5 billion in assets under management.
– The firm’s mission is to build category-defining essential services businesses.
– Firm’s leadership: Christopher Collins, Co-Founder and Managing Partner and Christopher Lawler, Co-Founder and Managing Partner
– Uses a purpose-built operating model combining high-velocity M&A with in-house AI engineering capabilities, called Percheron AI Ops.
– Percheron AI Ops develops and deploys proprietary, production-grade systems alongside frontline employees.
– Objective is to unlock the full potential of service providers, improve customer outcomes, accelerate growth, and enhance long-term value.
