Swander Pace Capital, a private equity firm closed its fifth fund, at $350m.
SPC Partners V, L.P., which received commitments from top-tier institutional investors, endowments, and family offices, will continue the firm’s strategy of investing in growing manufacturers and marketers of consumer products with revenues up to $400m and leading market positions in the United States, Canada and the United Kingdom.
Led by Andrew Richards, Co-Founder and Managing Director, and Mark Poff, Managing Director, Swander Pace has experience in the consumer products industry, including in sectors such as food and beverage, health and wellness, natural and organic, beauty and personal care, household products, pet products, soft goods and accessories, juvenile products, and ingredients, among many others.
They have already begun investing Fund V with the acquisitions of glo Professional Inc., Aden & Anais Inc. and Recochem Inc.
The firm has staff in San Francisco, New Jersey, and Ontario (Toronto).