Great Range Capital (GRC), a greater Kansas City based private equity firm focused on making Midwestern investments in the lower middle-market, has the the final close of Great Range Capital Fund III at its hard cap of $250m.
The fund, like previous GRC funds, aims to partner with Midwestern companies and executives, which are often owned and operated by families or entrepreneurs who are seeking a path to retirement, navigating generational transition, searching for a partner to help take the company to the next level, or simply looking for liquidity.
Fundraising for the fund, which will target investment in companies with revenues ranging from $20m to $150m, was completed ion less than a year.
