Arcline Continues Impressive Fundraising Success, Racks Up $4.5B for Third Fund
Arcline Investment Management, a private equity firm with offices in Nashville, New York and San Francisco, has closed its third fund – Arcline Capital Partners III –as it continues to stamp its footprint in the private equity scene with capital commitments of $4.5 billion.
Arcline makes control investments in the defense and aerospace; infrastructure services; industrial and medical technology; life sciences and specialty materials sectors. The firm’s targets will typically have from $10 million to $100 million of EBITDA and enterprise values up to $1 billion.
The firm’s earlier fund, Arcline Capital Partners II, closed in January 2021 with $2.75 billion of capital commitments. The firm was founded in September 2018 and since inception has invested in 20 platform companies and completed 90 add-on acquisitions.
Recent investments include the September 2022 acquisition of Kings III of America, a Texas-based provider of emergency monitoring equipment and services.
With the closing of Fund III Arcline now has $8.9 billion in cumulative capital commitments.
Kirkland & Ellis provided legal services to Arcline for the raising of Fund III.