Integrum – an investment firm focused on partnering with technology-enabled service companies – announced it has completed fundraising for its inaugural fund, Integrum Capital Partners LP at $1.1 billion, exceeding the fund’s original target. This amount excludes related co-investment vehicles that provide the Fund capacity to invest additional capital. This fund received strong support from an international group of high-quality institutional investors, including pension funds, wealth managers, insurance companies, consultants, family offices, foundations, and funds of funds.
The investments in the fund will advance Integrum’s partnerships with leading companies in the financial and business services sectors. And Integrum is led by a proven team of professionals who bring together diverse and complementary skillsets, experiences, and relationships. The firm is powered by the team’s conviction that partnering with management teams to invest in technology and talent can create meaningful and differentiated opportunities.
This new funding round will allow Integrum to continue executing its differentiated approach to value creation, investing in innovation and talent to produce sustainable organic growth, and establishing strong partnerships with management teams. And since 2022, the fund has announced investments in four companies: USI Insurance Services, Evertree Insurance, Strategic Risk Solutions, and MerchantE. MerchantE was sold to a strategic acquirer in November 2022.
KEY QUOTES:
“The tremendous demand for our inaugural fund reflects the excellent relationships we have built with our limited partners across the globe. We truly value the support, confidence, and trust that our investors have placed in us, particularly in an uncertain economic period and in a challenging fundraising environment.”
— Richard Kunzer, co-founder of Integrum
“Our vision to bring together a group of experienced executives to drive value through a focused investment approach has resonated with investors and with management partners. Our early success in identifying and investing behind great managers and well-positioned companies gives us confidence in our ability to continue to deliver strong returns for our investment partners.”
— Integrum co-founder Tagar Olson
“We look forward to leveraging decades of combined investing and operational sector expertise to craft and maintain a high-conviction portfolio of resilient, successful, durable businesses across priority sub-sectors. We came together as friends and peers to build an investing firm we feel good about. With a team of 22 talented individuals and the support of our LPs, we are now poised and ready for the future.”
— Ursula Burns, co-founder of Integrum
