Parthenon Capital, a growth-oriented private equity firm with offices in Boston, San Francisco and Austin, announced that its affiliate, Parthenon Investors VI, LP, held its first and final closing with more than $2.0 billion in commitments.
Parthenon Fund VI exceeded its initial fund target of $1.5 billion.
Led by Brian Golson, managing partner and co-chief executive officer, and Dave Ament, managing partner and co-chief executive officer, Parthenon Capital is a growth-oriented mid-market private equity firm with offices in Boston, San Francisco and Austin. The firm utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries.
Parthenon seeks to be an active and aligned partner to management, either through recapitalization transactions or by backing new executives.
The firm has particular expertise in financial and insurance services, healthcare and business services, but seeks any service, technology or delivery business with a strong value proposition and proprietary know-how.