Agellus Capital Closes Inaugural Fund, at $400 Million
Summary
Agellus Capital, a Clayton, Mo.-based lower middle-market private equity firm focused on partnering with essential, non-discretionary services companies, closed its debut fund, Agellus Capital Private Equity Fund I, with total limited partner capital commitments of $400m. The fund received commitments from a diverse global investor base including endowments and foundations, global financial institutions, insurance companies, family offices, sovereign wealth funds, and several founders, executives, and other professionals. Led by Jeff Aiello, Co-Founder and Managing Partner, and Beau Thomas, Co-Founder and Managing Partner, Agellus Capital invests in the business-to-business, non-discretionary consumer, and supply chain and infrastructure services markets, targeting initial platform investments of $2 million to $20 million of EBITDA. The firm seeks to drive transformational growth through complementary acquisitions and investments in talent, technology, and systems.