Graham Partners Closes Fifth Fund at $937 Million
November 5th, 2020
Graham Partners, a lower middle market private equity firm, is pleased to announce the final closing of its fifth buyout fund, Graham Partners V, L.P. (together with its parallel partnerships, “Graham V”), totaling $937 million in commitments. Graham V was oversubscribed and closed at its hard cap. Through Graham V, Graham Partners seeks to continue its history of partnering with technology-driven advanced manufacturing-related companies that are spurring innovation across a broad array of end markets including food, medical, advanced building products, intelligent transportation systems, and packaging, among others.
“To reach our cap in the course of these unprecedented times is a testament to our team’s hard work, track record, and differentiated value creation strategy,” said CEO Steve Graham. He continued, “This is an opportune time for us to be investing in privately held, leading innovators serving attractive, growing end markets. We are excited about deploying Graham V’s capital and advancing its portfolio companies through enhanced customer-focused business models, new product development, and operational excellence.”
“We are grateful for the tremendous support from our existing investors. Through Graham V we now also have the opportunity to build meaningful relationships with new investors,” said Managing Principal, Christina Morin. “Innovation, growth, and resiliency are core elements of our culture. We are excited to capitalize on this momentum and continue to create value for our portfolio companies and investors for years to come.”
Graham Partners has a history of principally investing in North American headquartered, family owned and operated businesses, as well as corporate spinoffs and companies already backed by private equity. While Graham V will typically make control buyout investments, it is quite common for the incumbent owner/founder to retain a significant equity stake in partnership with Graham Partners during its ownership.
Graham Partners was advised by Latham & Watkins LLP and UBS Securities LLC on the fundraise.