Middle market private equity company Palm Beach Capital (PBC) of West Palm Beach, Florida, completed its sixth fund at nearly $350 million, above its $275 million goal.
Investors
- Diverse financial institutions
- insurance providers
- pension funds
- endowments
- foundations
- funds of funds
- consultancies
- institutional family offices
The fund will persist in employing PBC’s playbook, which is propelled by a distinct and exclusive sourcing approach, extensive market knowledge, and sector-specific industry consolidation tactics. The majority of PBC’s targeted platform firms have an annual EBITDA of $10 to $30 million.
About Plam Beach Capital
Palm Beach Capital is a middle-market private equity investment firm that was established in 2001. It focuses on investment possibilities and collaborates with founders, company owners, and management teams on management buyouts, recapitalizations, and growth equity investments. It is currently investing from its sixth committed fund. PBC has invested in 56 platform portfolio businesses since its founding, concentrating on the engineering, business, transportation & logistics, and healthcare industries.