- Leading private equity firm Trilantic North America announced it closed a $2.75 billion fund for investing in business services, consumer, and energy sectors
Trilantic North America — a leading private equity firm — announced it closed the Trilantic Capital Partners VI (North America) L.P. and its parallel funds (“Fund VI North America”), a $2.75 billion private equity fund investing in the business services, consumer, and energy sectors. Fund VI North America exceeds its initial target of $2.25 billion to close at its hard cap and it surpassed the size of its $2.2 billion predecessor fund.
“As we honor Trilantic North America’s 10-year anniversary, we are proud to once again partner with a strong base of returning investors and to welcome new investors from the U.S. and overseas,” said Charlie Ayres — the Chairman of Trilantic North America — in a statement. “We will continue into the next decade investing in entrepreneurial and family- and founder-owned businesses, supporting exceptional management teams that offer products and services with high potential for growth.”
This milestone comes on the heels of Trilantic North America’s successful sale of Home Franchise Concepts earlier this month. And it follows the close of Trilantic Energy Partners II North America last December. Trilantic North America is currently investing from Fund VI North America, with current investments including Sunbelt Transformer, Planet Fitness franchisor Taymax, and DJR Energy.
Over three-quarters of the capital commitments of Fund VI North America come from existing investors. And the fund’s diverse LP base includes public and private pension plans, insurance companies, corporations, endowments and foundations, family offices and high net worth individuals.
Trilantic North America was established in 2009 and the firm has maintained sustainable investing practices across the business services, consumer and energy sectors — which have resulted in 41 realized investments in the funds it has managed.
Trilantic has managed six private equity fund families with aggregate capital commitments of $9.6 billion. And the company has been recognized as one of Inc. Magazine’s Top 50 Founder-Friendly Private Equity Firms. Trilantic’s principals include Ayres, Danny James, Chris Manning, Charles Fleischmann, Glenn Jacobson, Jeremy Lynch, Jamie Manges, Grant Palmer, Li Zhang, Elliot Attie, Ronald Mackey, Andrew Hopping, Christopher Murphy, Lee Nussbaum, Ted Rosenwasser, and Daniel Siegman.
