Agellus Capital Closes Inaugural Fund at $400 Million
2024年7月24日 - 9:30PM
ビジネスワイヤ(英語)
Agellus Capital Private Equity Fund I Hits Hard
Cap, Exceeding $350 Million Target; Fund Raised in Under Five
Months and Oversubscribed
Agellus Capital (“Agellus”), a lower middle-market private
equity firm focused on partnering with essential, non-discretionary
services companies, today announced the final close of its debut
fund, Agellus Capital Private Equity Fund I (the “Fund”), with
total limited partner capital commitments of $400 million. The Fund
was oversubscribed, surpassing its $350 million target and securing
investor commitments in less than five months.
The Fund received commitments from a diverse global investor
base including endowments and foundations, global financial
institutions, insurance companies, family offices, sovereign wealth
funds, and several founders, executives, and other
professionals.
“We are humbled by the reception our first fund received from
the institutional investor community,” said Jeff Aiello, Co-Founder
and Managing Partner of Agellus Capital. “We’re excited to
capitalize on this momentum to partner with founders, families, and
leaders to build great companies.”
Agellus invests in the business-to-business, non-discretionary
consumer, and supply chain and infrastructure services markets,
targeting initial platform investments of $2 million to $20 million
of EBITDA. The firm seeks to drive transformational growth through
complementary acquisitions and investments in talent, technology,
and systems.
“We launched Agellus to be the partner of choice to our
companies, investors, and people,” said Beau Thomas, Co-Founder and
Managing Partner. “We are thankful for the support and conviction
of our limited partners, advisors, and many others who contributed
to our efforts.”
Aviditi Advisors served as the exclusive placement agent; Weil,
Gotshal & Manges served as counsel.
About Agellus Capital
Founded in 2024 and based in Clayton, Missouri, Agellus partners
with founders, families, and management teams to drive
transformational growth in non-discretionary, essential services
businesses in the United States and Canada. Agellus targets
platforms of $2 million to $20 million of EBITDA in large,
fragmented markets and aims to be the partner of choice in the
middle market for its portfolio companies, investors, and
people.
For more information, please visit www.agellus.com and follow us
on LinkedIn.
About Aviditi Advisors
Aviditi Advisors is a premier alternative advisory firm
servicing global alternative investment managers and investors who
allocate to the sector (private and public). Aviditi stands apart
in its fully integrated model across both illiquid and liquid
advisory solutions, enabling the firm to provide full lifecycle
outcomes to clients. For additional information about the firm,
please visit www.aviditiadvisors.com.
About Weil, Gotshal & Manges
Founded in 1931, Weil, Gotshal & Manges LLP has been a
preeminent provider of legal services for more than 90 years. With
approximately 1,200 lawyers in offices on three continents, Weil
has been a pioneer in the marketplace and a first mover in the
establishment of many significant practice areas. The Firm’s four
departments, Corporate, Litigation, Restructuring, and Tax,
Executive Compensation & Benefits, and more than two dozen
practice groups are consistently recognized as leaders in their
respective fields.
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