Sentinel Raises $765M For Fund IV

Jul 18 2008 | 7:12am ET

Private equity firm Sentinel Capital Partners has closed on its latest buyout fund at $765 million.

Sentinel Capital Partners IV, like its predecessors, will focus on acquiring businesses with $5 million to $25 million of EBITDA in the consumer products, food and restaurants, franchising, manufacturing and service sectors. In addition to platform acquisitions, Fund IV will pursue add-on acquisitions for its portfolio companies.

“Small businesses outnumber large businesses 10 to one, and as baby boomer entrepreneurs continue to reach retirement age, we expect a strong, steady flow of very attractive deals in our strike zone for many years to come,” said John McCormack, Sentinel’s co-founder.

Sentinel’s previous fund, Sentinel Capital Partners III, closed in April 2005 with $319 million.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of