BV Investment Partners beats Fund VIII target on $487 mln


shutterstock_314329p1

BV Investment Partners has closed BV Investment Partners Fund VIII on $487 million above the fund’s $400 million target. BV is a lower middle-market private equity firm focused on the information and business services and communications sectors.

The firm has completed two investments in Fund VIII to date. The Efficient Collaborative Retail Marketing Company, a marketing services, software and data provider serving consumer product manufacturers and retailers, and INetU, a provider of complex managed hosting and cloud services to enterprise customers.

Investors in Fund VIII include both first time investors and returning investors from BV’s prior funds and comprise global institutional investors, public pension plans, fund of funds and major family offices.

Evercore Partners served as placement agent for BV and legal advice was provided by Ropes & Gray.

Image courtesy of Shutterstock

Connect with your peers at the 9th Annual PartnerConnect West in San Francisco on September 27–28.

Sign up to our Newsletter

Receive updates from our PE HUB Wire and Top Stories of the Week newsletters:

We will not send you spam, and we don't share your email address with 3rd parties.