Brynwood Partners, a lower middle market private equity firm, has completed the final close of its latest fund, Brynwood Partners VI, with USD305m of committed capital.
"We are both pleased and proud to announce the final close of Brynwood VI at USD305m, the largest fund in our 26 year history," says Hendrik J. Hartong III, senior managing partner. "We are grateful for the support from all of our limited partners and happy to welcome ten new limited partners into our latest fund. We believe that our track record and operationally-focused investment strategy in the lower middle market continues to be well received by the investment community."
Brynwood Partners is actively pursuing new platform investments for Brynwood VI.
"We are pleased with the performance of our first Brynwood VI investment, Balance Bar Company, and we are actively seeking new investments for Brynwood VI. We are also working on several divestitures from our Brynwood Partners V fund and hope to return a significant amount of capital to our limited partners in the coming months," adds Ian B. MacTaggart, managing partner.
