Atlantic Street Capital, a Stamford, Conn.-based private equity firm, closed its third fund, at $210m.
Atlantic Street Capital III, LP, surpassed its target of $200m receiving support from existing investors and a number of new investment partners.
Led by Peter Shabecoff, founder and Managing Partner, and Andy Wilkins, Managing Partner, Atlantic Street Capital invests in established companies in the lower middle market with a particular focus on entrepreneur and family owned businesses with between $4 million and $12 million in EBITDA.
Equity commitments are between $10m and $30m.
Atlantic Street has 15 investment professionals in total.
Morrison Cohen served as legal counsel for Atlantic Street Capital III fundraise.