Imperial Capital Group Ltd., a leading Canadian middle market private equity firm, announced the final closing of its sixth fund at its cap of $500 million in mid-March. Like its predecessor funds, Imperial Capital Acquisition Fund VI attracted a unique investor base of approximately 300 Canadian and international high net worth investors and 8 institutions.
"We are delighted to have closed our largest fund, which was oversubscribed, in record time,” said Jeffrey Rosenthal, co-founder of Imperial Capital. “It is a testament to the strong returns we have delivered to our investors over the last 28 years.”
“Our long-term success has been based on identifying family and entrepreneur owned businesses in industry niches that have strong economic characteristics and demonstrate consistent cash flow and good growth opportunities,” said co-founder Stephen Lister. “Working with our entrepreneurial CEO Partners to acquire and grow our portfolio companies, Imperial has demonstrated an ability to build long-term growth platforms that have generated 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 U.S. mid-market. Fund VI will continue to invest in targeted niches within healthcare, business, and consumer services industries with revenues between $20 million and $250 million.