Resurgens Technology Partners, a technology-focused private equity firm, has closed its Resurgens Technology Partners II, at $500 million in total capital commitments.
Resurgens provides operating support, talent and human capital services and M&A execution capabilities to its portfolio companies. The fund will be a continuation of the firm’s investment strategy, which is focused on lower middle-market and IT infrastructure software majority investments in North America and Europe.
“We are thankful for the support from our existing and new limited partners,” says Fred Sturgis, Resurgens managing director. “This closing represents an exciting chapter for Resurgens and will enable us to continue to invest behind our team and capabilities, building on our strong position in the evolving and dynamic lower middle-market software sector.”
Sparring Partners served as placement agent and Proskauer provided legal counsel for Fund II.