Iron Path Capital Closes Fund I, Exceeds Target at $273 Million
July 02 2024 - 8:00AM
Business Wire
Iron Path Capital (“Iron Path” or “IPC”), an operationally
focused private equity firm investing in the specialty industrials
and healthcare sectors, today announced the final closing of Iron
Path Capital Fund I (“Fund I”), exceeding the $250 million target
with total commitments of $273 million. The Fund I limited partners
consist of a diverse group of global investors including leading
endowments, fund of funds, institutional investors and family
offices.
“We are extremely grateful for the investors that have decided
to partner with us in our inaugural institutional fund,” said Iron
Path Managing Partner and Co-founder Rob Reistetter. “This marks an
important achievement for the firm and is a reflection of our
differentiated capabilities and the strong team that we have built
over our first three years.”
Iron Path Capital targets control investments in lower-middle
market specialty industrial and healthcare companies, in
partnership with founders and managers, to build and grow great
businesses. Iron Path focuses on sectors where the firm has deep
expertise and where they can create transformational outcomes with
the operational resources of the Full Immersion Operations team
(“FIOps™”).
“Our approach includes developing an investment thesis and
partnering with founders and managers to scale businesses
organically and with strategic acquisitions,” said Scott Mraz,
fellow co-founder and Managing Partner. “We have curated a team of
limited partners, strategic advisors and Iron Path professionals
who share our unique vision and our steadfast values.”
M2O Private Fund Advisors acted as the exclusive placement
agent. Foley & Lardner LLP served as fund counsel.
About Iron Path Capital
Iron Path Capital is an operationally focused private equity
firm focused on lower-middle-market investments across the
healthcare and specialty industrial sectors. With offices in
Nashville, TN and Charlottesville, VA, Iron Path Capital supports
its partners with capital, operating expertise, business
development, and industry relationships to achieve significant
scale. Iron Path Capital selects companies with stable cash flows,
superior management teams, strong performance trajectories, and
multiple vectors for growth, both organic and through
consolidation.
For more information, visit
ironpathcapital.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240702277238/en/
Iron Path Capital Contact: Rob Reistetter, Managing Partner
Media@ironpathcapital.com