Guardian Capital Partners Closes $441 Million Fund IV

By Amit Chowdhry • Today at 12:28 PM

Guardian Capital Partners announced the final closing of Guardian Capital Partners Fund IV, with total capital commitments of $441 million, reaching its hard cap in 7 months from first close to final close. The fund was oversubscribed, supported by strong demand from a global base of institutional and private investors.

Fund IV was anchored by meaningful commitments from longstanding limited partners, many of whom have invested with the firm since 2008, and was complemented by a select group of new investors, including university endowments, foundations, blue-chip fund of funds, and family offices. The firm said the close reflects continued confidence in its consistent, sector-driven approach to investing in the lower-middle market and its reputation as a long-term, aligned partner to business owners.

Guardian makes control investments in founder-led and closely held companies, applying a research-informed, thematic approach to identifying sectors with favorable long-term fundamentals and recurring opportunities for value creation. The strategy is exemplified by the firm’s Priority Sectors program, which focuses sourcing, diligence and operating initiatives in areas where the firm has developed deep experience and market insights.

The firm’s current thematic focus includes four GPS categories: industrial technology, digital infrastructure, non-discretionary services, and food and beverage manufacturing. Fund IV has already been seeded with three platform acquisitions aligned with this focus: LINX, Raptor Power Systems, and Heatscape.

Founded in 2008 and based in suburban Philadelphia, Guardian Capital Partners is a private equity firm focused on control investments in lower middle-market businesses across industrial technology, specialty business services and digital infrastructure. The firm has completed more than 80 transactions representing over $3.5 billion in total enterprise value as of September 30, 2025.

Support: Guardian Capital Partners was represented by Latham & Watkins in connection with the formation of Fund IV and did not utilize an external placement agent for the fundraise.

KEY QUOTES

“Fund IV represents an important milestone for Guardian and reflects the strength of our team and our long-standing relationships with founders, intermediaries, and investors. We are grateful for the continued support of our existing partners and look forward to building new relationships as we continue to help management teams grow enduring, high-quality businesses.”

Peter Haabestad, Co-Founder And Managing Partner Of Guardian Capital Partners

“Guardian has had wonderful momentum deploying capital in Fund IV, seeding it with three platform acquisitions aligned with our GPS focus: LINX, Raptor Power Systems, and Heatscape. These investments reflect Guardian’s success on its GPS focus and on businesses where hands-on operational support and strategic approach can accelerate capital deployment and value creation.”

Scott Evans, Co-Founder And Managing Partner Of Guardian Capital Partners