Imperial Capital Fund V Exceeds Target, Closes on $295M
TORONTO, March 7, 2014 /CNW/ - Imperial Capital Group Ltd., a leading Canadian middle market private equity firm, announced the final closing of its fifth fund at $295 million, exceeding the original target of $250 million.
Imperial Capital Acquisition Fund V attracted a unique investor base of more than 200 Canadian and international high net worth investors who have invested alongside several institutional investors.
"Since our inception in 1989, we have focused on fostering the growth and development of outstanding companies in the healthcare, branded consumer products, and business services industries," said Jeffrey Rosenthal, co-founder of Imperial Capital. "We are gratified to see this new fund being oversubscribed, which we believe reflects the strength of our investment strategy and past successes."
"Our long-term success has been based on identifying businesses in lower risk industries that have strong, consistent cash flow and good growth opportunities," said co-founder Stephen Lister. "Aided by our relationships with industry-leading executives who serve as CEO Partners, Imperial Capital has demonstrated an ability to build sustainable, long-term growth platforms that create tremendous value for our stakeholders."
About Imperial Capital Group Ltd.
Imperial Capital is a Toronto-based private equity fund manager that focuses on buy-out opportunities in the Canadian and American mid-market. Fund V will continue to invest in targeted industry niches in the healthcare, branded consumer products, and business services industries with revenue between $20 million and $200 million.
For further information on Imperial Capital, please visit www.imperialcap.com.
SOURCE: Imperial Capital Group Ltd.
Jeffrey Rosenthal, Managing Partner
[email protected]
(416) 362-3658 x226
Karen Carr, Vice President Investor Relations and Operations
[email protected]
(416) 362-3658 x 223
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