Firm Focused on Value Investments in the Lower Middle Market
Austin, TX (December 15, 2016) – CenterGate Capital Partners, LP (“CenterGate”), a leading private equity firm, announced today the final closing of CenterGate Capital Partners I (“CenterGate Fund I” or the “Fund”). CenterGate Fund I, with $350 million in investor capital commitments, will focus on control investments that transform lower middle market companies in North America.
CenterGate Fund I, which had a $300 million target, is the first institutional private equity fund for the firm and was substantially oversubscribed.
Tiffany Kosch, a CenterGate Managing Director, commented “We are humbled by the support from the investment community across the country for our inaugural Fund. Our investor base includes a mix of premier institutions, including foundations, private pension plans, insurance companies, funds of funds, and family offices.”
“Despite strong demand, we proactively kept the size of the fund capped at $350 million so we can adhere to our niche investment strategy” added Lewis Schoenwetter, Managing Director.
The CenterGate investment team is managed by co-founders and partners Tiffany Kosch, Lewis Schoenwetter, and Stenning Schueppert.
About CenterGate Capital
CenterGate Capital is an Austin-based private equity firm focused on investing in lower middle market companies with up to $250 million of revenue. In order to realize their potential, these companies need flexible capital, strategic guidance and strong management teams. CenterGate’s investment strategy creates long-term value by enhancing companies’ core value. CenterGate brings together a balance of transactional and operational experience along with a network of advisors and strategic relationships which provide their portfolio companies with exceptional resources. www.centergatecapital.com