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LinCap to launch seventh PE fund, Taber to lead fundraising

Cleveland-based Linsalata Capital Partners, a middle-market private equity firm, will launch its seventh buyout fund in the coming months. A target size has not been disclosed. Gregg Taber, a senior manager director, will lead the fundraising while Frank Linsalata and Stephen Perry will serve as senior advisers for the fund. In addition to the new fund, Michael Faremouth, a managing director at LinCap, will lead the launch of Watervale Equity Partners, a new firm in the Cleveland suburbs focused on smaller investments.


Cleveland, Ohio (July 27, 2017) – Linsalata Capital Partners (“LinCap”), a leading middle market private equity firm based in Cleveland, Ohio, announced that Gregg Taber, Senior Managing Director, will lead fund raising for the firm’s next buyout fund. The fund will be designated “LinCap Partners Fund VII, LP” and will continue to focus on the lower middle market. Fund-raising will begin in the coming months but a fund target size has not yet been announced. Frank Linsalata and Stephen Perry will take on roles of Senior Advisors to the LinCap team for this new fund.

In conjunction with the initiation of the new fund raising, Michael Faremouth, Managing Director, will lead the launch of a new firm focusing on smaller investments. The new firm will be located in the Cleveland suburbs and will be named “Watervale Equity Partners”. Watervale will also begin fund raising in the coming months. Eric Bacon will join the Watervale team for this newly launched firm.

About Linsalata Capital Partners
Linsalata Capital Partners, located in the Cleveland, Ohio suburb of Mayfield Heights, was founded in 1984 and has combined its strong financial capabilities with extensive operational experience to accelerate the growth of middle market companies. In over 33 years of investing, the firm has completed 113 buy-side transactions totaling nearly $4 billion in enterprise value.