Thompson Street Capital Partners (TSCP), a leading private equity firm specializing in founder-led middle market businesses, has announced the successful closing of its sixth committed capital investment fund, Thompson Street Capital Partners VI LP (TSCP VI). The Fund, which was significantly oversubscribed, reached its hard cap with total commitments exceeding the $1.5 billion target.
The strong investor interest in TSCP VI came from a diverse and highly respected group of both new and existing global limited partners. This includes commitments from leading public, corporate, and foreign pension funds, endowments, insurance companies, foundations, and family offices. Demonstrating strong alignment and confidence in TSCP’s strategy, the firm’s partners also made substantial capital commitments to TSCP VI, consistent with prior funds.
Jim Cooper, Founder and Managing Partner of Thompson Street Capital Partners, stated, “When we established Thompson Street Capital Partners 22 years ago, our core mission was to invest in exceptional companies and drive their strategic growth. Our proven track record is a testament to the successful execution of this vision.” He added, “The enthusiastic support for TSCP VI from both our long-standing and new investors is a powerful endorsement of our team’s capabilities and the consistent success of our investment approach.”
TSCP focuses its investments on high-growth sectors within the middle market, specifically targeting companies in Life Sciences & Healthcare, Software & Technology, and Business and Consumer Services and Products. Thompson Street Capital Partners VI will deploy equity investments ranging from $50 million to $250 million in companies demonstrating EBITDA between $5 million and $50 million. Signaling the fund’s readiness and TSCP’s active deal sourcing, approximately twenty-five percent of TSCP VI has already been strategically invested across four platform companies.
Bob Dunn, Managing Partner at Thompson Street Capital Partners, commented on the firm’s continued growth and strategy: “We are thrilled to expand our firm while steadfastly adhering to our fundamental strategy. This involves forging strong partnerships with founders and management teams within our core industry sectors.” He further emphasized, “By providing tailored support and strategic resources, we empower these already-outstanding businesses to achieve accelerated growth, ultimately generating significant value for founders, management teams, and our investors.”
Kirkland & Ellis LLP provided legal counsel for TSCP in the fund formation, and Park Hill Group served as the placement agent for Thompson Street Capital Partners.
About Thompson Street Capital Partners
Thompson Street Capital Partners (TSCP), located in St. Louis, is a private equity firm dedicated to investing in founder-led middle market businesses. Their investment focus spans across the Life Sciences & Healthcare, Software & Technology, and Business and Consumer Services and Products sectors. Thompson Street Capital Partners collaborates closely with management teams, leveraging their expertise to accelerate company growth both organically and through strategic acquisitions, enhancing overall value creation. For more information, please visit www.tscp.com.
Contacts
Jeremy Milner
BackBay Communications
(401) 862-9422
[email protected]
