Houston-based private equity firm Rock Hill Capital Group has reached a final close of Rock Hill Capital II, LP with $87.7 million in capital commitments. Fund II is the successor fund to Rock Hill Capital I, LP and continues a similar investment strategy.
Rock Hill Capital Group, LLC (“Rock Hill”), a Houston-based private equity firm, is pleased to announce the final closing of Rock Hill Capital II, LP (“Fund II”) with $87.7 million in capital commitments. Fund II is the successor fund to Rock Hill Capital I, LP (“Fund I”) and continues a similar investment strategy.
“When we invest in a company, we get very involved”
“We are pleased to report a successful close to our second fund,” said Randy Hale, Rock Hill’s Founder and Managing Director. “We appreciate the confidence of our Fund I investors who recommitted to invest with us and are pleased by the significant number of new investors who joined us as limited partners for Fund II. We look forward to building another portfolio of investments in partnership with entrepreneurial business owners.”
Rock Hill continues to provide the same confidence investors experienced in Fund I to investors in Fund II. Using the assets raised through Fund II, Rock Hill will continue to seek to partner with entrepreneurial owners seeking the capital and strategic guidance necessary to help them achieve desired growth.
“When we invest in a company, we get very involved,” continued Hale. “We believe in bringing more to the table than just money. We seek to help our portfolio companies improve efficiencies in operations, expand customer relationships and increase market depth of product lines and services.”
To date, Rock Hill has invested in three companies through Fund II, and continues to look for companies with which to partner.
About Rock Hill Capital
Founded in 2007, Rock Hill Capital Group, LLC is a private equity firm that partners with strong entrepreneurial managers in search of capital and the management expertise they need to continue expanding their business. Rock Hill invests in small-to-lower middle market companies with enterprise values up to $75 million and EBITDA of less than $10 million. We focus on the industrial and energy services and value-added distribution sectors geographically located in the South and Southeast regions of the United States.
Learn more at www.rockhillcap.com
Rock Hill Capital Group, LLC
Randall B. Hale, 713-715-7515
Founder and Managing Director
James P. Wilson, 713-715-7514
Stacey G. Wells, 713-715-7516