Primus Capital Raises New Fund

Primus Capital Partners has closed its sixth fund with $275 million in capital commitments. The Cleveland-based firm focuses on the healthcare, business services and education industry sectors.

 

PRESS RELEASE

 

Primus Capital Partners, Inc. (“Primus”) announces that it has completed a final closing on Primus Capital Fund VI, LP (“Primus VI”) with investor commitments totaling $275 million, exceeding the fund's targeted amount of $250 million.  Public pension funds, banks, insurance companies, fund-of-funds, and several family offices are represented among the Primus VI investors.  William Blair Funds Placement Group, L.L.C. acted as placement agent.

 

Primus VI will continue the strategy of its predecessor funds and will make equity investments in established, high growth companies in the healthcare, business services and education industry sectors.  Transaction types considered include growth equity financings, recapitalizations and management-led buyouts. 

 

Primus VI has made commitments to the following companies: