Mason Wells Announces Raising $615 Million for Fourth Private Equity Fund
For more information contact: Thomas G. Smith, 414-727-6416; Gregory J. Myers, 414-727-6404
MILWAUKEE Feb. 8, 2016 – Mason Wells announced the successful final closing of Mason Wells Buyout Fund IV and its related Executive Buyout Fund IV with total commitments of $615 million. The fundraising effort for Fund IV was launched last summer targeting total commitments of $550 million from institutional investors.
Mason Wells is a private equity firm that was founded in 1998. Similar to prior Mason Wells Funds, Fund IV will focus on acquiring companies that operate in four industry sectors: Outsourced Business Services, Consumer Packaged Goods, Engineered Products & Services, and Packaging Materials & Converting.
Mason Wells will continue to utilize a disciplined, control-oriented investment strategy focused on companies generally headquartered in the Midwest region of the United States, and competing in the lower middle market. Through a proven Value Creation System, Mason Wells seeks to drive growth and improvements in operating and financial performance at portfolio companies.
Mason Wells anticipates making between 10 and 14 new platform investments with Fund IV over the next four to five years. Most of the platform companies targeted by Mason Wells have revenues between $25 and $300 million, and EBITDA of $5 to $30 million. Additionally, smaller tuck-in acquisitions are sought to add to existing portfolio companies.
About Mason Wells: Mason Wells is a leading Midwest-based private equity firm with approximately $1 billion in assets under management across its current private equity funds. Since Mason Wells was formed in 1998, its buyout funds have invested in four specific industry sectors: Outsourced Business Services, Consumer Packaged Goods, Engineered Products & Services, and Packaging Materials & Converting. For more information related to Mason Wells, please visit the firm’s website at www.masonwells.com.