Rotunda Capital Closes Oversubscribed Fund III at $405 Million

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Rotunda Capital Partners (“Rotunda”) is pleased to announce the successful closing of Rotunda Capital Partners Fund III, L.P. (the "Fund" or “Fund III”), with $405 million in total capital commitments. The Fund was oversubscribed above its initial target of $295 million. Fund III received capital commitments from a diverse set of investors, including public pensions, corporate pensions, insurance companies, healthcare companies, multi-manager funds, consultants, and family offices. Rotunda is especially thankful for the continued support by way of fund commitments from several former Rotunda portfolio company executives and family-founders with whom we have partnered in the past.

“We appreciate the continued support from our existing investors and are grateful for the strong interest from the new limited partners joining us in Fund III,” said Managing Partner John Fruehwirth. “This successful fundraise is the result of a cohesive, passionate team that works with our family-founders to implement our replicable and differentiated value creation strategy – Rotunda Performance System.”

“Rotunda has built our brand around transforming family-founder owned industrial firms into data-driven growth platforms and we will continue that specialized focus in Fund III,” said Partner Bob Wickham.

Dan Lipson, Partner at Rotunda, noted that “Our investors have provided guidance and support as we seek to expand and implement the Rotunda thematic sourcing and operational improvement model. We are excited to continue partnering with great companies and their management teams.”

“We seek to achieve success by partnering with great management teams and recognize that our potential for success is dependent on their success. We thank them for the work they have done, which has contributed to the success of Rotunda,” said Partner Corey Whisner.

Rotunda would like to recognize Campbell Lutyens for their partnership in raising Fund III expeditiously and with significant capital from new investors, as well as Kirkland & Ellis LLP for providing fund formation counsel.

About Rotunda Capital Partners

Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com.

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