Vicente Capital Partners Announces Closing of $134 Million Vicente Capital Partners Long-Term Appreciation Fund

Funding Rounds

▤ Summary

LOS ANGELES, Feb. 04, 2020 (GLOBE NEWSWIRE) -- Vicente Capital Partners (VCP0), a leading growth equity investment firm, announced today the successful completion of the Vicente Capital Partners Long-Term Appreciation Fund, LP, a continuation vehicle for VCPs Growth Equity Fund. Vicente Capital Partners Long-Term Appreciation Fund, LP, is comprised of $134 million in new capital commitments, which have funded the purchase of the following five portfolio companies:SMT (www.smt.com), a leading provider of graphics, statistics and video enhancement software and services for live TV sports broadcast networks and sports leagues. This secondary transaction will generate a gross 1.92x MOIC for Vicente Capital Partners Growth Equity Fund, LP, investors. The five remaining companiesSMT, GLT, ITI, Archer Education, and Medbridge Healthcarewill have additional time and capital to achieve enhanced returns. The firm provides custom solutions that address liquidity, capital and strategic needs of sponsors and investors.

$ Funding

$
Amount - Total raised
□
Date February 4, 2020 Announcement date
◎
Investors Vicente Capital Partners, MedBridge Healthcare, SMT, Intellectual Technology Lead investors
▥
Company https://www.archeredu.com Funded company

▥ Classifications

industries
Manufacturing Industry
applications
ERP & Process Management

◇ AskAI Classifications

Labels
Government Software SaaS Automated DMV Solutions

▦ Linked Companies

Neumo
$10M to $25M