Sheridan Cash Associates Closes Fund II at $306 Million | Enterprise & Finance

CHICAGO–(Business WIRE)–Jan 19, 2021–

Sheridan Capital Partners (“Sheridan”) declared now the closing of its oversubscribed next buyout fund, Sheridan Money Companions Fund II, L.P. (with each other with its parallel fund, “Fund II” or the “Fund”), at its hard cap of $300 million in Constrained Lover commitments, more than double the dimensions of its predecessor. Sheridan is concentrated on building investments in lessen center industry businesses in recession resistant, non-discretionary marketplaces in the health care industry. The Fund will keep on Sheridan’s tactic of earning control investments in North American founder-owned organizations with $3-15 million of EBITDA.

“We are particularly happy with the support delivered by our investors, both new and present, which permitted us to exceed our focus on and hit our tricky cap for Fund II in a competitive and tough fundraising setting,” stated Jonathan Lewis, Founder & Husband or wife of Sheridan. “We would also like to thank our placement agent Sixpoint Companions for their partnership throughout the fundraise.”

Buyers in Fund II include things like a diversified mix of insurance policy organizations, fund-of-resources, spouse and children offices and asset professionals, among other constrained associates, situated across North The usa, Europe and the Center East.

Sean Dempsey, Lover of Sheridan, reported, “The entire Sheridan staff is fired up to go on its strategy of partnering with large excellent, decreased center sector health care enterprises and executives, leveraging our sector abilities and tested functioning playbook to accelerate growth across our portfolio both of those organically and via acquisitions to construct marketplace top corporations.”

Sixpoint Companions served as the exclusive worldwide placement agent for Fund II and Kirkland & Ellis LLP served as fund counsel and lawful advisor.

About Sheridan Money Associates

Sheridan Capital Partners is a Chicago-primarily based health care non-public fairness agency that focuses on decrease middle market place buyouts and expansion fairness in the U.S. and Canada. Sheridan partners with firms in the verticals of suppliers and company providers, health care IT and outsourced solutions, and purchaser well being and professional medical products and solutions, bringing strategic assets to accelerate expansion, make enduring price, and attain strong outcomes.

Get hold of: For Sheridan Capital Partners:

Alexandra Kier, Director of Organization Enhancement


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Supply: Sheridan Funds Partners

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PUB: 01/19/2021 07:05 AM/DISC: 01/19/2021 07:06 AM

Copyright Enterprise Wire 2021.