Private Equity News USA – Princeton Equity Group Closes Fund II at $575 Million
Princeton Equity Group, a private equity firm focused on control investments in franchisor and multi-unit companies, has closed its second fund, Princeton Equity Partners II, L.P., with $575 million in total commitments.
The fund surpassed its $475 million target, and it is the largest fund raised by Princeton Equity Group to date.
Princeton Equity Partners II will invest in franchisor and multi-unit companies in the United States and Canada.
The fund will focus on sectors such as restaurants, retail, and services. Princeton Equity Group is targeting investments in companies with strong growth potential and a proven management team.
Princeton Equity Group has a track record of success in the franchisor and multi-unit space.
The firm’s first fund, Princeton Equity Partners I, L.P., was closed in 2017 and raised $352 million. The fund has made investments in a number of successful franchisor and multi-unit companies, including First Watch Restaurants, Massage Envy, and The Vitamin Shoppe.
The closing of Princeton Equity Partners II is a sign of the strong demand for private equity investment in the franchisor and multi-unit space.
The sector is attractive to investors due to its recurring revenue streams, strong brand recognition, and stable cash flow. Princeton Equity Group is well-positioned to capitalize on this growth opportunity.
The firm has a strong track record of investing in the sector, and it has a deep understanding of the market.Princeton Equity Partners II is expected to make a significant impact on the franchisor and multi-unit space.
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