DFW Capital Partners Closes Fund IV at $162.5 Million, Oversubscribed and Exceeded Target

Company Overview
DFW Capital Partners (“DFW”) headquartered in Teaneck, New Jersey, is a private equity investment firm focused on lower middle-market service companies, with a focus on healthcare and outsourced business and industrial support services. DFW targets platform businesses with $20 to $100 million in revenues located in the Mid-Atlantic and eastern United States.

Situation
DFW was seeking to raise $150 million for its fourth private equity fund, DFW Capital Partners IV, L.P. (“Fund IV”), which would be the firm’s first broadly marketed institutional fund. DFW wanted to expand its limited partner base to include a more global, institutional group that would position the firm for future growth, and therefore hired Griffin Financial Group LLC to act as its financial advisor and placement agent.

Solution
Griffin served as exclusive financial advisor and placement agent for DFW. Griffin successfully introduced DFW to a wide range of institutional limited partners in the United States and Europe. Fund IV was oversubscribed, and on December 19, 2013, Fund IV closed with $162.5 million of committed capital, exceeding the target of $150 million. DFW attracted a high quality, global institutional investor base comprised of insurance companies, corporate pension plans, fund of funds, family offices and wealth managers.

Griffin’s Private Equity Services Group advises private equity fund managers and institutional limited partners in the areas of fund placement, secondary advisory and co-investment financing.