Yellow Wood Partners, a private equity firm, has closed Yellow Wood Capital Partners III at $750 million of capital commitments.
Yellow Wood Partners seeks to acquire branded consumer products that are distributed into various consumer channels including drug, food, and e-commerce sectors. The firm is a private investment firm that invests exclusively in the consumer industry in the middle-market.
Dana Schmaltz, a partner at Yellow Wood, said, “We are very pleased to complete Fund III with the addition of a small and select group of highly sophisticated new investors to the Yellow Wood family. As we have done and continue to do with our existing portfolio of brands, this successful fundraise allows us to continue our pursuit of building a limited number of platforms where we can apply our intense operating focus in close collaboration with entrepreneurs and management teams to create value for our shareholders.”
Proskauer Rose LLP serves as legal counsel to Yellow Wood and advised the firm in its fundraising of Fund III. PJT Partners LP served as placement agent for the limited partner interests in Fund III.