Dunes Point Capital, LP (DPC) announced it had closed Dunes Point Capital Fund III, with total capital commitments of $800 million, which exceeded the Fund’s target of $775 million. And the fund has already invested $415 million and completed seven company acquisitions: Atalys, FastLap, K-1 Packaging Group, Kwalu, Roofing Services Solutions, Stanton Carpet, and Warshaw Supply.
The commitments to the fund were secured from a diverse group of investors, including endowments, foundations, global asset managers, insurance companies, investment advisors, public pensions, family offices and high net worth individuals. A significant group of new investors joined existing investors from Dunes Point Capital’s Fund II.
Since being founded in 2013, Dunes Point Capital has raised about $1.5 billion and has acquired 20 platforms and 89 total companies. Founded by Timothy J. White, DPC is a family office and private investment firm that pursues control investments in companies operating in the general industrial and business services sectors. And DPC targets companies with enterprise values of up to $1 billion.
