STAMFORD, Conn., July 9, 2024 — Avesi Partners LLC (“Avesi Partners”), a distinguished private equity firm concentrating on healthcare and business services sectors, has announced the successful closing of its Avesi Partners Fund II LP (“Fund II”). Fund II reached a remarkable $1.35 billion, significantly exceeding its initial targets and hard cap within months of its launch, demonstrating robust investor enthusiasm and confidence in the firm’s strategy. Notably, Avesi Partners itself made a substantial commitment to Fund II, highlighting the firm’s strong alignment of interests with its investors.
Chris Laitala, Managing Partner and Chief Investment Officer at Avesi Partners, expressed his gratitude and optimism: “We deeply appreciate the trust and strong support from our limited partners in Avesi. Fund II has attracted a highly respected and prestigious group of investors, mirroring the caliber of our previous fund. We also extend our sincere gratitude to our portfolio companies, founders, and partners. Their successes in collaboration with Avesi are a powerful testament to our shared vision of partnership and growth.”
Mr. Laitala further elaborated on the firm’s strategic outlook, “We are proud of our established track record in identifying and fostering high-growth businesses. We excel at assisting founders and management teams in realizing their long-term strategic goals more rapidly and with reduced risk. We believe the current market conditions present a compelling opportunity to strategically invest in select themes within the lower middle market, and Avesi Partners is ideally positioned to capitalize on these opportunities.”
Avesi Partners: Empowering Growth in Healthcare and Business Services
Avesi Partners operates from its offices in Stamford, CT, and Richmond, VA, focusing on creating strong partnerships with privately held and family-owned businesses within the lower-middle market. The firm’s investment strategy is centered on key economic sectors, specifically healthcare services and business services, where they possess deep industry knowledge and operational expertise.
Avesi Partners is committed to providing more than just capital. They aim to be a true partner, offering the strategic expertise and comprehensive resources necessary to empower businesses to achieve their ultimate vision efficiently, both in terms of time and capital. The firm’s overarching goal is to work collaboratively with families, founders, and executive teams to accelerate business expansion and growth initiatives. This approach is designed to position these businesses for sustained long-term success and to build enduring value for all stakeholders involved, reflecting the core values of Avesi Partners. Avesi typically targets platform companies demonstrating approximately $10-30 million in EBITDA, seeking opportunities where they can make a significant impact through strategic and operational support.
For more detailed information about the firm and its operations, please visit www.avesipartners.com or explore their professional network at www.linkedin.com/company/avesi-partners.
Contact:
Raquel Cona
KCSA Strategic Communications
[email protected]
SOURCE Avesi Partners
