Haven Capital Partners, a private investment firm focused on delivering flexible capital solutions specifically geared toward growth-oriented, lower middle-market businesses, has announced the successful final closing of its inaugural fund, Haven Capital Partners I. This fund achieved a closing figure of $375 million in capital commitments, significantly surpassing its initial target of $300 million.
The closing of Haven I marks a significant early milestone for Haven Capital Partners, which was officially launched in 2024. This achievement not only underscores the firm’s ability to attract substantial investor interest but also establishes a robust foundation for its ongoing commitment to fostering long-term partnerships and promoting sustainable growth across its portfolio companies.
The oversubscribed nature of the fund is indicative of the strong confidence from a diverse group of investors, which includes public pension plans, established asset managers, family offices, and successful entrepreneurs. This broad interest highlights a collective belief in Haven’s differentiated approach to providing structured capital that meets the unique needs of high-quality businesses, particularly in the dynamic sectors of tech services, healthcare, and education.
Haven Capital Partners strategically targets investments in companies that have an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) ranging from $3 million to $15 million. By focusing on this segment, the firm aims to provide customized financing solutions that help these businesses unlock their full growth potential. To date, the firm has successfully completed three investments in promising businesses that exhibit strong fundamentals and are well-positioned for strategic growth, ensuring their long-term success in competitive markets.
The founding partners of Haven Capital Partners bring with them a wealth of experience, having worked together for many years prior to establishing the firm. Recognizing the increasing demand for flexible capital solutions in the lower middle market, they launched Haven Capital Partners in 2024 with a mission to address the unique challenges and opportunities faced by businesses in this sector. The firm is dedicated to enhancing value for its investors while supporting the growth aspirations of its portfolio companies.
KEY QUOTE:
“We are profoundly grateful to our Limited Partners for their trust and partnership. Their overwhelming support further fuels our determination to deliver exceptional results and strengthens our ability to partner with entrepreneurs and management teams to unlock growth and create lasting value.”
Lacey Mehran, Co-Founder and Partner of Haven