Trivest Partners has closed Trivest Growth Investment Fund III LP (TGIF III) with $730 million in total capital commitments.
TGIF III focuses on non-control investments in founder- and family-owned businesses based in North America, with a minimum of $20 million in revenue and $4 million in EBITDA.
In addition to TGIF III, Trivest currently manages three other funds in the lower-middle market.
Currently, Trivest manages approximately $6.1 billion in assets, with an investment team of over 90 professionals across offices in different cities.