Aurora Capital Partners has secured over $2.1 billion in new commitments for its seventh flagship fund, exceeding its original target and marking the most significant fundraising effort in the firm’s history. This funding is sourced from a diverse range of institutional investors, including public and corporate pension plans, insurance companies, family offices, asset managers, and advisory firms.
Fund VII will focus on middle-market businesses across three core sectors: business services, industrial services, and technology-enabled services. Aurora applies a hands-on Strategy & Operations Program to drive revenue expansion, improve profitability, and professionalize leadership teams. The firm’s experienced partners draw on decades of industry knowledge to identify companies that can benefit most from Aurora’s operational playbook and value-creation approach.
Since launching, Fund VII has already closed its first investment in GenServe, recognized as the largest independent provider of standby power generators in the United States. Aurora also remains active in its deal pipeline, pursuing further opportunities where it can deploy growth capital and operational expertise. In parallel, the firm continues to execute successful exits, including the sale of FMG, a marketing automation specialist for financial advisors, to a leading Chicago-based private equity buyer.
This funding builds on Aurora’s previous success with Fund VI in 2021, which closed above target with $1.65 billion raised. Team members who led that effort have carried forward key lessons, strengthening the firm’s ability to navigate challenging markets and support portfolio companies through all stages of growth. Aurora’s limited partners have reaffirmed their confidence, and a fresh cohort of new investors has joined the fund, attracted by the firm’s consistent performance and deep sector expertise.
The firm plans to use the proceeds to back companies that can benefit from targeted operational improvements, mergers and acquisitions support, and strategic expansion initiatives. This latest fund close underscores Aurora’s role as a leading partner for middle-market firms seeking both financial backing and hands-on growth guidance.
KEY QUOTES:
“We are grateful for the continued confidence and support of our long-standing limited partners and are equally proud to welcome an exceptional group of new investors to Fund VII. The successful close of this fund reflects a strong endorsement of our team’s ability to drive scale and strategic transformation across our companies. We look forward to building on this momentum and delivering outstanding results for our stakeholders.”
Josh Klinefelter, Partner at Aurora
“We are energized by the significant opportunities we see to build unique, market-leading companies across our target sectors, and we look forward to executing our strategy while further strengthening our capabilities as a firm in the years ahead.”
Mark Rosenbaum, Partner
