Growth equity investing firm Edison Partners has closed its 10th fund, Edison Partners X, oversubscribed at USD450 million.
Growth equity investing firm Edison Partners has closed its 10th fund, Edison Partners X, oversubscribed at USD450 million.
Fund X is the firm’s third consecutive fund dedicated to growth equity since 2015 and the largest in the firm’s 36-year history.
Edison Partners Fund X addresses the gap in the USD10 million to USD30 million emerging growth equity investment market in geographies outside of Silicon Valley. Fund X exemplifies Edison Partners’ deal flow leadership in markets with fewer capital sources, such as the Mid-Atlantic, the Midwest, the Southeast, and the Rocky Mountains. Fund X investments include a total of seven investments, five of which are from underserved geographies: Kaiyo (New York), MacroFab (Houston), Prepaid Technologies (Birmingham), Recycle Track Systems (New York) Slingshot Aerospace (Austin), Solutions by Text (Dallas), and Spiffy (Charlotte, NC).
