– Southfield Capital, a premier lower middle market private equity firm, announced the final close of Southfield Capital IV (“Fund IV”) with $560 million in capital commitments.
– Fund IV was oversubscribed and exceeded its original hard cap.
– The fund attracted strong support from existing investors and added new institutional investors across the U.S. and internationally.
– New limited partners included family offices, consultants, pension funds, insurance companies, and fund of funds.
– Southfield has over 20 years of experience partnering with management teams to drive organic growth and execute add-on acquisition strategies.
– The firm aims to at least triple the size of portfolio companies through strategic partnerships and value creation initiatives.
– Fund IV will continue to invest in entrepreneur-built, growth-oriented business services companies in the lower middle market.
– Southfield emphasizes a partnership-first model, leveraging deep experience to create value for investors and management teams.
– Andrew Levison, Managing Partner, highlighted the successful fundraise as a testament to the strength of Southfield’s strategy and team. He reaffirmed Southfield’s commitment to delivering exceptional returns through digital transformation and strategic growth.