Plexus Capital, a Raleigh, N.C.-based private investment firm focused on bringing institutional scale to the financing of small businesses in the United States, closed Plexus Fund V, at $502m.
Fund V received support from institutional investors such as pension funds, insurance companies, and banks, as well as family offices and high net worth individuals.
Founded in 2005, Plexus provides capital to small businesses in the United States. Consistent with its predecessor funds, Fund V is expected to invest primarily in profitable U.S.-based companies with $10–100 million in revenue. Since 2005, Plexus funds have invested more than $1.1 billion in over 115 small businesses.
The team consists of 32 professionals with offices in Raleigh and Charlotte.
FinSMEs
07/10/2020