ROSEMONT, Ill.--(BUSINESS WIRE)--Wynnchurch Capital, Ltd., an operationally focused middle market private equity firm, announced the final closing of Wynnchurch Capital Partners III, L.P., with $603 million of committed capital, exceeding its target of $500 million.
With the closing of Fund III, Wynnchurch now manages $1.1 billion of capital. Wynnchurch's previous fund was raised in 2006 and had capital commitments of $350 million. Wynnchurch's inaugural fund was raised in 2000 and had capital commitments of $163 million.
"We are appreciative of the trust and confidence that our investors have shown in our operationally focused private equity model serving the middle market," said John Hatherly, Managing Partner of Wynnchurch Capital. "Further, our hands-on approach has generated strong investment returns in both good economic times as well as more difficult ones," added Hatherly.
Credit Suisse Securities (USA) LLC acted as exclusive placement agent for Fund III, and Kirkland & Ellis LLP provided legal advice.
About Wynnchurch Capital: Wynnchurch Capital headquartered in the Chicago suburb of Rosemont, Illinois with offices in Bloomfield Hills, Michigan, and Toronto, Canada was founded in 1999 and is a leading middle-market private equity investment firm. Wynnchurch's strategy is to partner with middle market companies in the United States and Canada which possess the potential for substantial growth and operational improvement. Wynnchurch Capital manages a number of private equity funds with capital under management in excess of $1 billion specializing in management buyouts, recapitalizations, corporate carve-outs, restructurings and growth capital. More information on Wynnchurch Capital can be found at: www.wynnchurch.com.