In keeping with its predecessor fund, Fund VI will focus on acquiring businesses with leading positions in niche addressable markets that provide mission-critical products or services. Target platform companies are typically between $10m and $50m in operating profit.
According to a press release, Windjammer will also “leverage its deep middle market experience, accomplished and long-established team, and operationally-focused strategy to partner with management teams in its focus areas of advanced manufacturing, specialty distribution, and business services, developing customised strategies for growth.”
UBS Securities and Credit Suisse Securities (USA) acted as joint placement agents for Fund VI. Kirkland & Ellis provided legal counsel.
Source: Private Equity Wire
