New York-based private equity firm High Road Capital Partners has closed its second fund at $320m.
High Road Capital Partners Fund II include more than 25 institutional investors, family offices and high net worth individuals.
Led by Robert Fitzsimmons, co-founder and Managing Partner, High Road Capital Partners focuses on smaller middle market transactions. It acquires companies in the U.S. and Canada with with revenues of $10 million to $100 million and EBITDA of $3 million to $10m in EBITDA and adding value through organic growth initiatives and complementary add-on acquisitions, and operational improvements.
To date, High Road has completed two platform acquisitions and one add-on acquisition for Fund II: The Crown Group, which acquired Electra-Finish, Inc., and SMB Machinery Systems.