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Alternative Assets  + Private Equity  | 
Eagle Merchant Partners Soars with $265M Debut Fund for Lower Mid-Market Companies

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.

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Eagle Merchant Partners

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.