Trivest Announces $730 Million Close of oversubscribed Trivest Growth Investment Fund III
- The significantly oversubscribed fund has secured $730 million in total capital commitments, including contributions from Trivest and its affiliates.
- The fund will continue to focus exclusively on non-control investments in founder-led and family-owned businesses.
- Target companies are those with EBITDA greater than $4 million, emphasizing high-quality, growth-oriented, lower middle market businesses.
Trivest Partners (“Trivest” or the “Firm”), a private equity firm specializing in founder-friendly investments, has announced the closing of Trivest Growth Investment Fund III (“TGIF III” or the “Fund”) with $730 million in total capital commitments. The fund was significantly oversubscribed, reflecting strong support from existing investors, and was completed in a single close in less than 60 days from its initial launch. Limited partners include endowments, corporate pensions, insurance companies, funds of funds, family offices, and individuals. With the closing of TGIF III, Trivest now manages approximately $6.1 billion in assets across thirteen institutional private equity funds.
TGIF III is Trivest’s third and largest fund dedicated to non-control investments in founder and family-owned businesses. Continuing the firm’s strategy of providing “Private Equity for Founders” across the United States and Canada, the fund will focus on investing in high-quality, growth-oriented, lower middle market companies with EBITDA greater than $4 million. Trivest employs a disciplined investment approach and established processes, including its systematic “Path to 3x” value creation methodology, aiming to drive investment returns and support founders in scaling their businesses.
“With TGIF III, we are excited to forge new partnerships and expand our impressive portfolio of fast-growing businesses, backed by Trivest’s established value enhancement initiatives,” said Amir Mirheydar, Partner and co-leader of the fund’s investment activities.
About Trivest Partners:
Founded in 1981 and headquartered in Coral Gables, Florida, Trivest Partners specializes in founder-friendly investments, focusing on growth equity, non-control investments, buyouts, and recapitalizations for mid-sized, founder-owned companies. Trivest actively partners with independent sponsors to co-invest and support high-potential companies, leveraging their expertise to drive operational and strategic growth. The firm manages multiple funds covering various investment strategies, including the Trivest Discovery Fund and Trivest Fund VI. Trivest’s team of over 95 professionals has been highly active, closing more than 180 new investments and exits over the past three years. (Visit Trivest’s website)
For more information, please visit: Trivest Partners Announcement