Rock Hill Capital Group LLC, a Houston-based small to lower middle market private equity firm, has completed the initial closing of its second fund.
Launched in March 2011, Rock Hill Capital II, LP is the successor fund to Rock Hill Capital I, LP, which has completed six investments. It will follow a similar strategy, making investments in small to lower middle market entrepreneurial businesses located in the Gulf Coast and Southeast regions of the United States.
As also stated by Founder and Managing Director Randy Hale, Rock Hill focuses on businesses operating in the industrial services, business services and value-added distribution sectors, targeting private family owned businesses in the $3m to $7m EBITDA range.
Fund II has a target size of $150m. Investors in the initial close include high net worth individuals and family investment