
Eagle Merchant Partners Soars with $265M Debut Fund for Lower Mid-Market Companies
Eagle Merchant Partners, a private equity firm investing in lower middle-market franchise, consumer and industrial companies, closed its inaugural fund, Eagle Merchant Partners I, L.P., at more than $265 million.
Led by Stockton Croft and Bill Lundstrom, Eagle has invested more than $1 billion of equity in founder-owned businesses in the Southeast with $2 million to $20 million of EBITDA.
“The Eagle team is excited about the six platform investments we have already made in Fund I, all of which are representative of our strategy,” said Lundstrom, Partner and Founder of Eagle. “As we deploy the rest of the fund, we look forward to partnering with additional founders, owners and management teams to help them create value and achieve sustainable growth.”
Aviditi Advisors served as exclusive placement agent for the fund and Kirkland & Ellis LLP provided legal counsel to Eagle.