Capital Alignment Partners Completes $375M Raise for Fourth Fund

Investment firm Capital Alignment Partners completed fundraising for its $375 million CAP Funds IV.

In line with the Nashville-based firm’s first three funds, CAP Funds IV will provide debt and equity to healthcare, business, manufacturing and light industrial services companies in the lower-middle market.

CAP Funds IV has already completed two platform investments. In 2022, the fund partnered with Doug Markham, CEO at AA Care Services, to acquire a home care business operating in Texas and Tennessee. CAP Funds also provided debt and equity to an environmental and industrial cleaning business based in Ohio with operations throughout the Midwest.

“We are incredibly appreciative of our existing investors, as well as those who invested in CAP Funds for the first time. We would also like to acknowledge the support we received from the SBIC program and express our pride in being part of its mission,” said Burton Harvey, Founder and Managing Partner at Capital Alignment Partners.

CAP is also seeking select opportunities to help management teams with debt capital solutions. CAP’s flexible debt structures are of interest as senior lenders tighten their credit availability.

Since inception in 2009, CAP Funds has completed 29 platform investments, along with over 75 tuck-in acquisitions. Capital Alignment Partners manages more than $590 million in assets.