Graham Partners Closes Sixth Buyout Fund at $1.8 Billion
July 3rd, 2024
PHILADELPHIA
Graham Partners, Inc. (“Graham Partners”), a private investment firm targeting advanced manufacturing companies, today announced the final closing of its sixth buyout fund, Graham Partners VI, L.P., (along with its parallel partnerships, the “Fund,” or “Graham VI”) at over $1.8 billion in total commitments.
“We are incredibly appreciative of the robust endorsement of our strategy from both existing and new investors,” said Steve Graham, founder and Senior Managing Principal of Graham Partners. “Strong demand from an outstanding roster of limited partners resulted in Graham VI being oversubscribed relative to its hard cap. With this show of support, we plan to continue to invest in and build bigger, better, and safer advanced manufacturing-related businesses that stand to benefit from our entrepreneurial family heritage, thematic origination approach, and portfolio company operations platform.”
Through Graham VI, the firm will continue to deploy its focused strategy of partnering with technology-driven, advanced manufacturing companies in the North American middle-market that are spurring innovation across three core subsectors — industrial technology, medical devices & life sciences, and food & consumer manufacturing. The Graham team has completed three investments to date in the Fund and will seek to expand the portfolio over the coming months.
Graham VI was oversubscribed and closed at its hard cap, with commitments from a diverse group of new and existing investors, as well as over $100 million from the Graham team and family.
Graham Partners was principally advised by Aviditi Advisors and Latham & Watkins LLP on the fundraise.
FOR FURTHER INFORMATION CONTACT:
Christina Morin (cmorin@grahampartners.net)
Alyssa Norton (anorton@grahampartners.net)
Tel: (610) 408-0500
This press release is for informational purposes and is not an offer to sell, or a solicitation of an offer to buy, securities in the United States or elsewhere. Graham Partners is not utilizing this release to provide investment or other advice, and no information disclosed therein is to be relied upon for the purpose of making investment decisions. Past performance does not guarantee future results and any transactions described are included as representative transactions and are not necessarily reflective of overall performance. It should not be assumed that any investment described herein was or will be profitable. There can be no assurance that historical trends will continue. Graham Partners' market characterization is based on subjective determinations that it believes reasonable but others may disagree with such characterization. There is no guarantee that Graham Partners' initiatives will drive value for its investments or accelerate growth or lead Graham Partners' investments to become profitable.