Beringer Capital, a North American private equity firm specializing in the media, marketing services and consumer and technology sectors, has closed the Beringer Capital Fund IV LP. This is Beringer’s largest fund to date, totaling $307 million in capital commitments.
Named the Digital Transformation Opportunity Fund, Fund IV will advance Beringer’s investment thesis of partnering with founder-led businesses to unlock the power of digitization as a driver of growth, efficiency and enhanced customer experience.
Fund IV represents the most diversified investor base in the firm’s history. The fund includes participation from both existing and newly formed investor relationships, specifically, pension plans, funds-of-funds, financial institutions, family offices and high-net-worth individuals.
“We’re committed to investing in firms where we know we can add significant value,” said Perry Miele, managing partner at Beringer. “With the support of Fund IV, we are excited to form new partnerships and assist founder-led companies in navigating the digital transformation era.”