Tritium Partners Closes First Private Equity Fund at $309M

tritium-partners-logoTritium Partners, LP, an Austin, Texas-based private equity firm specializing in buyouts of growth companies in the lower middle market, held the final close on its inaugural fund at $309m of committed capital.

Tritium I, L.P., was oversubscribed by investors including retirement systems, private pension plans, university endowments, foundations, diversified financial institutions and insurance companies.

Founded in 2013 by Philip Siegel and and David Lack, Tritium invests primarily in Internet and information services, supply chain and logistics, and financial and business services. The investment approach emphasizes acquiring majority positions in profitable companies and creating long-term value through internal growth initiatives and acquisitions.

Tritium I, L.P. currently has four companies in its investment portfolio.

FinSMEs

20/11/2015

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