Spire Capital Collects $100 Mln for Fund III which has $375 Mln Target

Spire Capital Partners said on Wednesday that it so far collected $100 million for its third fund which has a $375 million target. Spire Capital, which has offices in New York City and Pennsylvania, is a private equity firm that focuses on companies in a variety of sectors that include media, education, information services and communications.

PRESS RELEASE
NEW YORK, May 15, 2013 /PRNewswire/ — We are pleased to announce that we have recently closed on $100 million in limited partnership commitments for Spire Capital Partners III, L.P. towards our $375 million target. Spire III is led by partners Andy Armstrong , Bruce Hernandez , David Schaible and Sean White .

We are now actively investing out of Spire III with a focus on small market lead and control investments in the business services, information services, media, education and communications sectors.

About Spire Capital Partners
Founded in 2000, Spire Capital is an active and experienced private equity firm with an investment focus on companies within the business services, information services, media, education and communications sectors. Spire Capital leads buyout investments in its areas of expertise and leverages its deep industry experience and network of relationships to help its portfolio companies to grow and succeed. For more information please visit www.spirecapital.com.

Note: The offering of LP interests in Spire Capital Partners III, LP was in a private placement exempt from registration under Regulation D. Spire III has filed a Form D with the SEC.

SOURCE Spire Capital Partners