Warren Equity Partners LP, a private equity firm that invests in the middle market primarily in North America, has closed its latest private equity investment fund, Warren Equity Partners Fund IV LP and Warren Equity Partners Fund IV-A (collectively, WEP IV) at over $1.4 billion.
WEP IV closed on its hard cap, exceeding its initial target of $1.2 billion. WEP invests in the form of buyouts and recapitalizations in North American companies with a focus on businesses that maintain, operate and upgrade infrastructure. WEP IV has completed four platform investments to date: Code Red Safety, KV Power, Traffic Management Solutions and Ovation Holdings.
“Each of the first four investments of WEP IV were identified as part of our thematic research, through which we take a long-term view of underlying trends in our sectors,” states Scott Bruckmann, co-founder and partner. “We will continue to exercise discipline with our distinct sector focus and seek to improve our portfolio companies with our unique operating system to drive value creation.”