Imperial Capital Group Ltd. is pleased to announce the final closing of its seventh fund, which was oversubscribed at $650.0 million. Like its predecessor funds, Imperial Capital Acquisition Fund VII attracted a unique investor base of 345 Canadian and international high net worth investors and institutions.
"We are pleased to have closed our largest fund in Imperial Capital’s history after only 5 months in the market,” said Jeffrey Rosenthal, Managing Partner and co‐founder of Imperial Capital. “Though the fund is just recently closed, it is already off to a quick start with over $250.0 million either earmarked or invested in the Fund’s first 3 platform investments in the U.S. Autism Services, Pest Control and Car Wash industries, all of which are new industries for Imperial.”
“It is a testament to the performance and reputation of our team that enabled us to complete the raise of our largest fund in the shortest amount of time,” added Justin MacCormack, Managing Partner of Imperial Capital. “Our success has been based on building or acquiring family and entrepreneur owned businesses in industry niches that have strong economic characteristics and demonstrate consistent cash flow and good growth opportunities. This unique partnership approach, individualized for each of our investments, has helped our partners and management teams grow their businesses and generate tremendous value for our stakeholders.”
About Imperial Capital Group Ltd.
Founded in 1989, Toronto‐based Imperial Capital is a leading lower middle market private equity firm focused on North American opportunities to build or acquire growth‐oriented platform investments in targeted industry niches within healthcare, business and consumer services industries. Drawing from its seventh fund, Imperial Capital combines its deep industry focus, active portfolio management, and strong partnerships with experienced industry executives to offer a differentiated approach to investing.