M/C Partners, a Boston, MA-based private equity firm, closed its most recent fund, M/C Partners VIII, L.P., at $350m.
Led by Managing Partners Jim Wade, Gillis Cashman and Brian Clark, M/C Partners focuses exclusively on the communications and information technology sectors.
The firm has invested over $2.2 billion of capital into nearly 100 companies, generally investing in companies with enterprise values of $25 million to $250 million. It seeks out well-positioned entrepreneurial managers and companies through a thesis driven approach to be a lead investor that typically invests $10 to $50 million of equity.
Related current and prior investments include Zayo, Lightower, Ensono, Everstream, Denovo, Neutral Connect Networks, Thrive, Involta, ICG Communications, MetroPCS, Fusepoint and NuVox.
Monument Group, Inc. served as placement agent for Fund VIII, while Latham & Watkins LLP provided legal counsel.