Atlanta-based private equity firm Eagle Merchant Partners has closed its second fund, Eagle Merchant Partners Fund II, with $415m in capital commitments. The fund, which was oversubscribed and closed above its original hard cap in seven months, attracted strong support from institutional investors, family offices, high net worth individuals, and members of Eagle’s team.
Fund II continues Eagle’s strategy of making control investments in founder-owned companies across the Southeastern United States, with a focus on the franchise, multi-unit, and commercial services sectors.
Developed over two decades, the Firm’s deep networks and extensive presence in the Southeast position Eagle to partner with business owners seeking their first institutional capital to accelerate growth.
The fund will target opportunities where Eagle can serve as a company’s first institutional partner, providing not only capital but operational support through its established playbook.
This includes investing in leadership and infrastructure, driving organic growth through geographic expansion and executing strategic add-on acquisitions.
Eagle’s inaugural $266m fund closed in July 2023 and is fully deployed across eight platform investments.
The Piper Sandler & Co private capital advisory group, Aviditi Advisors, served as exclusive global placement agent for Fund II. Legal counsel was provided by Kirkland & Ellis LLP.
