Prairie Capital VI closes at $350 million hard cap

Prairie Capital VI closes at $350 million hard cap

November 14, 2016

Chicago, IL - November 14, 2016 Prairie Capital, a leading source of private equity for the acquisition of family and entrepreneur-owned businesses, has announced the closing of its sixth fund. After a relatively quick nine-month fund-raising process, Prairie Capital VI, L.P. was oversubscribed and closed at its $350 million hard cap. Prairie maintained strong support from existing limited partners of the $300 million Prairie Capital V, L.P., while also receiving significant interest from a new roster of investors interested in forging long-term relationships with Prairie.

Prairie Capital focuses exclusively on being the first private equity investor in growth oriented, U.S. based companies with EBITDA of $4 to $12 million. Prairie partners with entrepreneurs and talented management teams to build market-leading companies in growing industries. Since its inception in 1997, Prairie Capital has invested in 86 platform companies.

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View the tombstone here.