– Terminus Capital Partners announced the closing of its inaugural fund, Terminus Capital Partners I.
– The fund was over-subscribed and closed at its hard cap of $250 million.
– Investor commitments were secured in under three months.
– The fund includes a diverse base of investors, such as endowments, funds of funds, and institutional wealth managers.
– Founded in 2017 and based in Atlanta, GA, Terminus Capital Partners is a private equity firm focused on business software companies.
– The firm is known for its industry expertise, sourcing engine, operations approach, and buy-and-build methodology.
– Terminus targets majority investments in North American B2B software businesses with revenues above $10 million.
– The firm aims to be the partner of choice for management teams, advisers, and limited partners in the lower middle market enterprise software sector.
– Alex Western, Founder of Terminus, stated that the fund will back distinctive businesses and enterprising management teams, supporting the firm’s vision to build leading up-market enterprises.