Seattle-based private equity firm Sound Growth Partners (SGP) has successfully closed its inaugural buyout fund, securing $275 million in capital commitments. This includes anticipated leverage from the Small Business Administration (SBA), marking a significant milestone for the newly established firm. The fund will focus on investing in niche market leaders within the lower middle market, utilizing SGP’s unique One-Stop Buyout™ approach, which provides all necessary capital to complete transactions efficiently.
The fund was notably oversubscribed and reached its hard cap, demonstrating strong investor confidence from a diverse group of institutional investors. A key factor in this success was the receipt of a Small Business Investment Company (SBIC) license from the SBA, further solidifying Sound Growth Partners’ position in the market.
Founded in 2023, Sound Growth Partners is the result of a collaboration between four seasoned professionals: Kyle Largent, Peter Roushdy, David Glazer, and Travis Steele. These long-term colleagues bring extensive experience in investing, supporting, and fostering growth within lower middle market companies. Their combined expertise and SGP’s One-Stop Buyout™ structure positions the firm as an ideal partner for niche market leaders seeking growth capital and strategic support.
To bolster its operations and investment capabilities, Sound Growth Partners has also announced the appointment of key personnel. Vera Feinhaus joins as CFO, bringing 20 years of financial and operational expertise to the firm. Chris Casamassima has also been appointed as an Associate, and will be crucial in transaction execution, due diligence processes, and portfolio management.
Sound Growth Partners specializes in One-Stop Buyouts™, offering a streamlined investment approach for lower middle market companies. The firm targets companies with $2 to $10 million of EBITDA operating within clearly defined niches in sectors including Consumer Products, Business Services, Distribution, and Light Manufacturing. With its newly secured fund and experienced team, Sound Growth Partners is poised to be a vital growth partner for businesses in these sectors.
For additional information about Sound Growth Partners, please visit their website at https://soundgrowthpartners.com/ or connect with them on LinkedIn.
For media inquiries, please contact Kyle Largent at [email protected].
