Pritzker Private Capital: $3.4 Billion Closed For PPC IV

By Amit Chowdhry • Aug 21, 2025

Pritzker Private Capital (PPC) has announced the closing of PPC IV, securing $3.4 billion in commitments, surpassing its $3 billion target and exceeding the $2.7 billion raised for PPC III in 2021.

For over 20 years, PPC has partnered with family and founder-owned businesses, investing in 31 companies and completing over 110 acquisitions, totaling more than $10 billion.

PPC IV includes significant contributions from PPC team members and family and institutional investors from North America, Asia, Europe, and Latin America, with family investment firms making up the majority.

To date, PPC has made three investments through PPC IV: HeartLand, which provides landscaping services; Americhem, a family-owned producer of custom color and performance additives; and Buckman, which offers specialty solutions for water treatment and industrial processes.

KEY QUOTES:

“All of us at PPC deeply value the trust and support shown by our investor partners. The successful close of PPC IV is a testament to our track record and partnership with families and founders to grow strong, enduring businesses.”

Michael Nelson, Managing Partner and Head of Investing at PPC

“We endeavor to build better businesses together. Our approach to partnering with companies to pursue excellence, including the support and resources we provide to achieve that goal, resonates with business owners who aspire to take their companies to the next level.”

David Gau, President and Head of Operations at PPC

“Our family business heritage is a meaningful point of differentiation for our firm, further cemented by investors who share our belief in investing in and building family, founder, and management-owned businesses.”

Rebecca Converse, Partner and Head of Strategic Partnerships

“We sincerely appreciate the continued support from our returning investors and are excited to welcome new investors to the PPC family. As always, we will continue to be guided by our longstanding values of honesty, integrity, and loyalty.”

Tony Pritzker, Co-Founder, Chairman, and Chief Executive Officer of PPC