Le Lézard
Classified in: Business
Subjects: BFA, DEI

Great Range Capital Closes Oversubscribed Fund III at $250 Million Hard Cap


MISSION WOODS, Kan., Nov. 7, 2023 /PRNewswire/ -- Great Range Capital, LLC ("GRC"), a greater Kansas City based private equity firm focused on making Midwestern investments in the lower middle-market, held a final close on Great Range Capital Fund III, L.P. (the "Fund") at its hard cap, receiving $250 million in limited partner commitments.

"Strong support from both new and existing investors allowed us to finish fundraising in less than a year despite a challenging environment," said Paul Maxwell, Managing Partner of GRC.

The Fund, much like previous GRC funds, aims to partner with Midwestern companies and executives. These companies are often owned and operated by families or entrepreneurs who are seeking a path to retirement, navigating generational transition, searching for a partner to help take the company to the next level, or simply looking for liquidity.

"Our investors include highly respected pension funds, insurance companies, endowments, foundations, fund of funds, family offices, and high-net-worth individuals who appreciate our focus on the lower middle market in the Midwest," commented Ryan Sprott, Managing Partner of GRC. "We aspire to be a preferred partner for Midwestern business owners and management teams and look forward to continuing to invest in and support the growth of Midwestern companies."

About Great Range Capital
Great Range Capital, a private equity firm based in greater Kansas City, primarily targets equity investments in Midwestern companies with revenues ranging from $20 to $150 million. Learn more at greatrangecapital.com

SOURCE Great Range Capital


These press releases may also interest you

at 20:35
AB InBev (Brussel:ABI) (BMV:ANB) (JSE:ANH) : Regulated and inside information1 "Our business delivered another year of consistent profitable growth with a revenue increase of 7.8% and EBITDA growth of 7.0%. Strong free cash flow generation...

at 20:15
The "Life Insurance Global Industry Guide 2018-2027" report has been added to  ResearchAndMarkets.com's offering. The global Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share,...

at 19:38
Today, Anheuser-Busch reached a tentative collective bargaining agreement with the International Brotherhood of Teamsters, which represents A-B employees at our 12 major breweries across the U.S.   This tentative agreement builds even further upon...

at 19:27
Talos Energy Inc. ("Talos" or the "Company") today announced its operational and financial results for fiscal quarter and full year ended December 31, 2023. Talos also announced its year-end 2023 reserves estimates and the Company's 2024 operational...

at 19:11
Ball Corporation ("Ball") announced today the early results of its previously announced offers to purchase for cash (i) any and all of the $1,000,000,000 aggregate principal amount of its outstanding 5.25% Senior Notes due 2025 (the "2025 Notes")...

at 19:04
NB Bancorp, Inc. (the "Company") , the holding company of Needham Bank, today announced its 2023 financial results. Concurrent with its mutual-to-stock conversion and as described in the prospectus for its initial public offering ("IPO"), the...



News published on and distributed by: