USA – Frontenac, a Chicago, IL-based private equity firm, closed its 12th fund, at $520m.
Frontenac XII received support from existing limited partners and added several new investors including endowments, foundations, multi-manager funds, consultants, pension funds and family offices. Frontenac focuses on lower middle market buyout transactions in the consumer, industrial, and services industries. Through its thesis-driven and executive-centric approach – known as CEO1ST® investing – the firm seeks to identify business leaders and business owners who want a partner committed to building businesses and accelerating value. Frontenac XII will remain focused on the same investment disciplines and value-creation strategies deployed in previous funds, Frontenac XI and Frontenac X, and will be led by the same investment committee that guides those funds, which includes Paul Carbery, Walter Florence, Ron Kuehl, Michael Langdon and Betsy Williamson.The firm focuses on investing in lower middle market buyout transactions in the consumer, industrial, and services industries. 18/03/2022
