Imperial Capital Group closes Fund V ahead of target, raises $295 mln

Canadian private equity firm Imperial Capital Group has closed its fifth fund, Imperial Capital Acquisition Fund V, raising $295 million in total. Fund V exceeded the $250 million target set for it, as reported in September by peHUB Canada, and attracted more than 200 Canadian and global high-net worth investors who have committed alongside institutional investors. Imperial’s latest fund also raised well over twice the commitments made to its previous fund, closed in 2009. Imperial makes control-stake investments in lower mid-market companies in Canada and the U.S. Enterprises most often have EBITDA in the range of $5 million and $15 million. Many of the firm’s deals have been done in healthcare, branded consumer products and business services sectors. Founded in 1989, Imperial has its headquarters in Toronto.

PRESS RELEASE

Imperial Capital Fund V Exceeds Target, Closes on 295M

TORONTO, Mar 7, 2014 (Menafn – Canada NewsWire via COMTEX) –Imperial Capital Group Ltd., a leading Canadian middle market private equity firm, announced the final closing of its fifth fund at 295 million, exceeding the original target of 250 million.

Imperial Capital Acquisition Fund V attracted a unique investor base of more than 200 Canadian and international high net worth investors who have invested alongside several institutional investors.

“Since our inception in 1989, we have focused on fostering the growth and development of outstanding companies in the healthcare, branded consumer products, and business services industries,” said Jeffrey Rosenthal, co-founder of Imperial Capital. “We are gratified to see this new fund being oversubscribed, which we believe reflects the strength of our investment strategy and past successes.”

“Our long-term success has been based on identifying businesses in lower risk industries that have strong, consistent cash flow and good growth opportunities,” said co-founder Stephen Lister. “Aided by our relationships with industry-leading executives who serve as CEO Partners, Imperial Capital has demonstrated an ability to build sustainable, long-term growth platforms that create tremendous value for our stakeholders.”

About Imperial Capital Group Ltd.

Imperial Capital is a Toronto-based private equity fund manager that focuses on buy-out opportunities in the Canadian and American mid-market. Fund V will continue to invest in targeted industry niches in the healthcare, branded consumer products, and business services industries with revenue between 20 million and 200 million.

For further information on Imperial Capital, please visit www.imperialcap.com.

SOURCE Imperial Capital Group Ltd.

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SOURCE: Imperial Capital Group Ltd.

Jeffrey Rosenthal, Managing Partner jr@imperialcap.com (416) 362-3658 x226Karen
Carr, Vice President Investor Relations and Operations kc@imperialcap.com (416)
362-3658 x 223

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