Eagle Merchant Partners has closed its second private equity fund, Eagle Merchant Partners Fund II LP, with $415 million in capital commitments, exceeding its original hard cap.
The fund was raised in just seven months, attracting institutional investors, family offices, high-net-worth individuals, and members of Eagle’s internal team as limited partners.
Eagle focuses on investing in franchise, consumer, and industrial companies within the Southeastern United States with revenues ranging from $20 million to $200 million and EBITDA from $2 million to $20 million.
The firm's first fund closed in July 2023 with over $266 million in capital, fully invested in eight platform investments, including acquisitions in various sectors such as commercial deep cleaning services, collision repair shops, commercial roofing services, and medical spa services.