
Alphi Capital Closes Inaugural Fund at $217 Million
– Alphi Capital closed its debut fund, Alphi Capital I, LP, with total limited partner commitments of $217 million. The Fund significantly exceeded its target of $147 million.
– Commitments came from diverse North American investors, including: pension funds, foundations and endowments, government agencies, insurance companies, family offices, funds of funds, founders, executives, and industry professionals.
– Alphi Capital focuses on business-to-business service and value-added distribution companies.
– Targets initial platform investments of $3.7 million to $7.4 million in EBITDA.
– Partners with founders and owners, providing tools for rapid scaling through both organic growth and acquisitions.
– Investments to Date: Da-Lee Services Inc. , Fasteners Inc. , Eastbay Technologies Inc.
– Thecla Sweeney, Co-Founder: “We are grateful to our investors for entrusting us with their capital. Our team is dedicated to working alongside our management teams to execute our value-creation strategy and deliver exceptional returns for our investors and partners.”
– Andrew Fortier, Co-Founder: “We launched Alphi to be a great partner for founders looking to take their business to the next level. We are extremely thankful for the support and conviction of our investors and the many others who contributed to our success to date.”
– Metric Point Capital served as exclusive placement agent. Torys LLP served as Canadian and U.S. counsel.