Stamford, CT-based Brookside Mezzanine Partners closed its third fund, at $250m.
Backers included family offices, entrepreneurs and institutional investors.
Brookside Mezzanine Fund III, L.P. will provide small and mid-sized companies throughout the United States with subordinated debt, unitranche and minority equity capital in support of leveraged buyouts, strategic acquisitions, recapitalizations and growth initiatives.
It will invest up to $20m per transaction.
Led by David Buttolph and Corey Sclar, Brookside Mezzanine Partners invests in manufacturing, business services, restaurant/retail and healthcare sectors.