Comvest Special Opportunities, a capital investment platform launched by Comvest Partners, has closed its debut fund, Comvest Special Opportunities Fund LP, with $252 million in capital commitments.
Comvest provides financing services that combine structured credit and non-control equity investments. Comvest Special Opportunities targets North American companies with enterprise values of more than $50 million in Comvest’s core industries. Investment situations of interest include companies seeking growth capital, liquidity solutions, debt recapitalizations, dividends, purchases of shareholder stakes, distressed credits, and forward flow asset purchases. The strategy offers an approach involving structured debt and non-control equity investments that may include senior and junior debt, preferred and structured equity, and bridge capital. Partners in Comvest Special Opportunities Fund include public pension plans, insurance companies, asset managers, consultants, and family office investors.
“Comvest has proudly provided bespoke debt and equity investment solutions to well-positioned middle-market companies for more than 20 years,” says Tom Clark, senior partner at Comvest. “We are thrilled to deliver options across the capital structure that serve the situational needs of market-leading businesses. CSO I comes at a time when many companies seek targeted, non-traditional capital solutions to better navigate fast-moving market- or event-driven challenges and opportunities.”