Dallas Private Equity Firm Broadwing Capital Raises $440 Million for First Fund

Dallas Private Equity Firm Broadwing Capital Raises $440 Million for First Fund

When veteran private equity investors Eliot Kerlin, Andrew Boisseau, and JJ Barto launched Broadwing Capital in 2022, they didn’t immediately start raising capital for their first fund. Instead, they started by building a team. Headquartered in Preston Center, that team now encompasses 18 employees. Today, that patience has paid off. Broadwing just closed its oversubscribed … Continued The post Dallas Private Equity Firm Broadwing Capital Raises…

Private equity firm closes oversubscribed $440M debut fund amid challenging PE market

A new Dallas-based private equity firm closed an oversubscribed inaugural fund despite a challenging fundraising environment. Another Dallas-based firm invested in an AI company with ties to Nvidia that has a $3.5 billion valuation. And Lone Star Funds completed its latest exit. Check out the latest deals happening in the Dallas-Fort Worth region.

Broadwing Capital Management Closes Oversubscribed $440M Fund

Dallas Innovates, Every Day: Here's what's new + next in North Texas. Dallas-based Broadwing Capital Management LLC, a private equity firm targeting lower-middle-market manufacturers and service providers, closed its inaugural Broadwing Capital Fund I LP. The $440 million fundraise exceeded the initial $350 million goal. Broadwing said the money will help it turn promising companies into “market leaders.”…The post Broadwing Capital Management Cl…

Broadwing beats target with $440m debut fund as emerging manager scales buy-and-build strategy

Broadwing Capital has closed its inaugural institutional private equity fund on $440m, beating its $350m target, as the four-year-old manager looks to scale a lower mid-market buy-and-build strategy that has already produced 26 acquisitions. The post Broadwing beats target with $440m debut fund as emerging manager scales buy-and-build strategy appeared first on AltAssets Private Equity News.