Fort Point Capital Closes Fund III, at $340M

private equity

Fort Point Capital, a Boston, MA-based lower middle market private equity firm, closed its third investment fund, FPC Small Cap Fund III, LP and FPC Small Cap Fund III-A, LP (collectively, “FPC III”), at $340m.  

With the closing of FPC III, Fort Point Capital has raised more than $630 million since the firm’s founding in 2011.

Co-Founded by Partners Brooke Ablon and Paul Lipson, Fort Point remains dedicated to the lower middle market with a service oriented growth-focused approach targeting companies with less than $100 million of enterprise value. The firm continues investing in partnership with management teams in business services companies with attractive fundamental attributes and strong growth potential.

Since inception, FPC has acquired 13 platforms and closed 21 add-on investments enabling its platform companies to significantly scale. The firm now has 11 team members in Boston to support its continued growth.

The team also includes Partner Christina Pai.

FinSMEs

30/09/2022