Capitala Group, an investment firm focused on the lower mid-market, has successfully closed its latest fundraise, exceeding its target with $1bn in commitments, including leverage and separately managed accounts.
Capitala invests both debt and equity capital into small businesses located throughout the US, with a focus on family-owned, entrepreneur-owned, and independent sponsor-owned companies seeking non-control growth capital for their businesses.
It operates under a flexible capital mandate, providing bespoke capital solutions through unitranche first-lien loans and equity co-investments, and currently has over $300m of equity-focused commitments available to co-invest alongside its debt capital.
During this raise, the firm expanded its platform by adding 42 new bank partners, bringing the total to 79, alongside a number of prominent blue-chip institutional investors from around the globe.