Rock Hill Capital Group, a Houston-based private equity management company, has announced the launch of its first fund, the USD50m Rock Hill Capital I, which will seek to make equity inves
Rock Hill Capital Group, a Houston-based private equity management company, has announced the launch of its first fund, the USD50m Rock Hill Capital I, which will seek to make equity investments in small to mid-sized privately-owned businesses located primarily in the southern US.
‘One of the results of the current turmoil in the debt and equity markets is that small- to middle-market companies are going to have an increasingly difficult time raising capital and navigating the more stringent restrictions and limitations on traditional borrowing,’ says, Rock Hill’s founder.
‘This has enhanced the need for private equity funds such as ours, and we look forward to being a partner and source of capital to successful management teams that seek to continue to grow and expand their businesses.’
Rock Hill seeks to make equity investments through recapitalisations, management buyouts, growth initiatives and financial restructurings in businesses with enterprise values of less than USD75m that have strong, entrepreneurial managers who aspire to build industry-leading companies through internal growth and strategic acquisition.
