Revelstoke closes debut fund on $303 mln

Revelstoke Capital Partners closed its debut fund on $303 million, reaching its hard cap. Revelstoke has raised $515 million across various entities since the firm’s inception in 2013.

Press Release

Revelstoke Capital Partners, LLC (“Revelstoke”) is pleased to announce that it has completed the fundraising for Revelstoke Capital Partners Fund I, L.P. and Revelstoke Capital Partners Co-Investment Fund I, L.P. (the “Fund”). The Fund, which raised $303 million, was substantially oversubscribed and reached its hard cap, significantly exceeding its target fund size. Since the firm’s inception in mid-2013, Revelstoke has raised in excess of $515 million in equity commitments across its various investing entities.

“We garnered significant support from our limited partner base and believe this is a result of our focus on, and deep experience in, middle market healthcare and business services industries coupled with our highly differentiated and value added approach to post investment strategic planning,” said Mark King, Co-Founder, Managing Partner and CEO of Revelstoke. “Our history of building deep and long term relationships with our management team partners and assisting them in rapidly growing their businesses will continue to be the foundation of our success going forward.”

“The close of our Fund caps a highly productive year for Revelstoke during which we acquired three platform companies, completed five add-on acquisitions and successfully exited our first portfolio company,” said Simon Bachleda, Co-Founder and Managing Partner of Revelstoke. “Our seasoned investment team and stable of operating partners are actively evaluating numerous new investment opportunities while continuing to provide strategic guidance in growing our existing businesses organically and through add-on acquisitions.”

Dale Meyer, Co-Founder and Managing Partner of Revelstoke, commented, “The Fund has secured commitments from a diverse investor base comprised of leading insurance companies, endowments, funds of funds, pension plans, sovereign wealth funds and family offices. We are grateful for the support that we received and very pleased with a world-class limited partner base.”

Beartooth Advisors acted as lead strategic fundraising advisor on selected limited partner relationships.

Ropes & Gray LLP served as fund counsel to Revelstoke.

About Revelstoke:

Revelstoke is a private equity firm formed by experienced investors who focus on building industry-leading companies. Revelstoke strives to partner with management teams to execute on a disciplined organic and acquisition strategy to build exceptional companies. Throughout their careers, Revelstoke’s Managing Partners, Mark King, Simon Bachleda and Dale Meyer, have completed over 110 platform and add-on acquisitions, representing over $5 billion of total enterprise value. www.revelstokecp.com