Topspin Partners LBO, an investment firm focused on the lower middle market, has closed a new $132 million equity fund, exceeding its initial target of $100 million. The new fund is the successor to the buyout practice of Topspin Partners, a fund formed in 2000.
“We appreciate the strong support we have received from our investors, allowing us to exceed our target,” says Leigh Randall, managing director. “We plan to continue our disciplined investment approach, seeking strong companies with good earnings visibility in sectors that we know and understand.”