Theyer St partners

Thayer Street Walks Away with A $275 Million Close Fund

Thayer Street Partners Closes Fund II with $275 Million in Commitments

Thayer Street Partners, a private investment firm that provides flexible growth capital to technology-enabled financial, real estate, and business services companies, has closed its second fund, Thayer Street Partners Opportunity Fund II, LP, with total capital commitments of over $275 million.

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The fund exceeded its $250 million target and was significantly oversubscribed, reflecting strong demand from institutional investors. Thayer Street Partners Opportunity Fund II will target investment opportunities in recurring revenue businesses in the lower middle market. The fund will invest an initial targeted range of $5 to $50 million per transaction with scalability, using its sector experience and underwriting and operating experience to partner with entrepreneurs and management teams.

Thayer Street Partners Opportunity Fund II is a continuation of the firm’s strategy of providing flexible growth capital to technology-enabled financial, real estate, and business services companies. The fund will focus on companies with strong management teams, recurring revenue streams, and the potential for significant growth.

Josh Koplewicz, founder and managing partner of Thayer Street Partners, said, “We are excited to close Thayer Street Partners Opportunity Fund II with strong support from our investors. This fund will allow us to continue to partner with high-growth companies in the technology-enabled financial, real estate, and business services sectors. We believe that these sectors are well-positioned for growth and we are confident in our ability to find attractive investment opportunities.”

The Thayer Street Partners team has a proven track record of investing in and growing businesses. The team has over 50 years of combined experience in the private equity industry and has successfully invested in over 20 companies.

Thayer Street Partners Opportunity Fund II is a significant milestone for the firm and will allow it to continue to grow and succeed in the years to come.

Here are some of the key takeouts of Thayer Street Partners Opportunity Fund II:

  • Target market: The fund will target investment opportunities in recurring revenue businesses in the lower middle market.
  • Investment size: The fund will invest an initial targeted range of $5 to $50 million per transaction.
  • Investment strategy: The fund will focus on companies with strong management teams, recurring revenue streams, and the potential for significant growth.
  • Fund size: The fund closed with total capital commitments of over $275 million.

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