Strattam Capital Closes Third Fund with $308 Million in Capital Commitments
Supports Technology Buyouts and Scaling Innovative Founder-Led Companies
AUSTIN, Texas, April 22, 2024 /PRNewswire-PRWeb/ -- Strattam Capital, a private equity firm focused on investing in founder-led B2B technology companies, today announced the closing of its third flagship fund, Strattam Capital Investment Fund III ("SCIF III"), with total commitments of $308 million. With strong support from existing and new investors, SCIF III builds on the firm's previous fund with a 33% increase in capital commitments, bringing total AUM to more than $1 billion.
"We are grateful to our capital partners for their unwavering support and confidence in Strattam," said Bob Morse, Co-Founder and Managing Partner at Strattam Capital. "Our Five-Point Plan approach of aligning before signing resonates with founders when they choose to bring in a capital partner."
Strattam has maintained its strategy of investing in independent, founder-led technology companies with equity investments ranging from $20 million to $60 million. The Firm's investment process is rooted in the belief that successful relationships between founders and private equity firms demand collaboration and transparency. Through its unique Five-Point Plan process, Strattam agrees with founders on the highest priority initiatives and establishes a detailed plan to support their execution before binding commitments are made.
"This new fund allows Strattam to continue partnering with founders who have built exceptional businesses," said Adrian Polak, Co-Founder and Partner at Strattam Capital.
Since its founding in 2014, Strattam has completed transactions with more than 50 founder-led companies across 16 platforms. The firm has been honored as an Inc. Founder-Friendly Private Equity Firm for each of the past four years.
Harken Capital served as the placement agent for Strattam. Weil, Gotshal & Manges provided legal counsel.
Media Contact
Kimberley Kasper, Strattam Capital, 1 4152302705, [email protected], https://strattam.com/
View original content:https://www.prweb.com/releases/strattam-capital-closes-third-fund-with-308-million-in-capital-commitments-302122447.html
SOURCE Strattam Capital
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Tareen Development Partners Completes $12.75 Million Sale of Eagan Medical Center
- Shiba Inu Price Prediction Trapped Below $0.000005 While Pepeto Presale Races Past $10.7M
- YouGov Data Shows EV Owners are More Receptive to New Technologies
Create E-mail Alert Related Categories
Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share