-

Searchlight Capital Partners Closes Third Fund at $3.4 Billion

NEW YORK--(BUSINESS WIRE)--Searchlight Capital Partners, L.P. (“Searchlight” or “the Firm”), a leading global private investment firm, today announced the final close of Searchlight Capital III, L.P. (“the Fund”), with total committed capital of $3.4bn. This is the third private equity fund the firm has raised since it was founded in 2010.

“We are truly grateful for the support of our investors,” the Founding Partners of Searchlight said. “The Firm’s capital structure flexibility, industry expertise, and geographic reach position us very well to invest in this unprecedented environment. The Fund is already 30% committed to investments in partnership with leading management teams and entrepreneurs.”

Like its predecessors, Searchlight’s latest Fund will target investments in North America and Europe, leveraging the Firm’s teams in both geographies to pursue opportunities in a range of sectors including communications, media and financial and business services, amongst others.

Latham & Watkins LLP served as legal counsel to the Fund.

About Searchlight Capital Partners, L.P.

Searchlight is a global private investment firm with over $8 billion in assets under management and offices in New York, London and Toronto. Searchlight seeks to invest in businesses where its long-term capital and strategic support accelerate value creation for all stakeholders. For more information, please visit www.searchlightcap.com.

Contacts

Prosek Partners
E: pro-searchlight@prosek.com
T: +1 857 302 3712 (North America)
T: +44 (0) 20 8323 0479 (UK)

Industry:

Searchlight Capital Partners, L.P.

Release Versions
English

Contacts

Prosek Partners
E: pro-searchlight@prosek.com
T: +1 857 302 3712 (North America)
T: +44 (0) 20 8323 0479 (UK)

More News From Searchlight Capital Partners, L.P.

Searchlight Capital Partners to Invest in CloserStill Media Alongside Providence Equity Partners to Support Next Phase of Growth

LONDON--(BUSINESS WIRE)--Searchlight Capital Partners, L.P. (“Searchlight”) and Providence Equity Partners L.L.C. (“Providence”) today announced that Searchlight has agreed to invest in CloserStill Media (“CloserStill” or “the Company”), a leading B2B events platforms, in partnership with Providence, which has owned the business since 2018. Searchlight and Providence will have co-control of CloserStill, with Providence having the opportunity to re-invest in the company in order to support the c...

Searchlight Capital Partners Completes Sale of Euclid Transactional to CRC Group

NEW YORK--(BUSINESS WIRE)--Searchlight Capital Partners, L.P. (“Searchlight”), a leading global private investment firm, today announced the completion of the sale of Euclid Transactional, LLC (“Euclid Transactional” or the “Company”), a leading global provider of transactional insurance solutions specializing in representations and warranties, and tax liability insurance to CRC Group, a leading independent wholesale specialty and MGA business. Euclid Transactional is a premier underwriting pla...

Integrated Power Services (IPS) to Acquire TechPro Power Group, Inc.

GREENVILLE, S.C.--(BUSINESS WIRE)--Integrated Power Services (“IPS”) has entered into a definitive agreement to acquire TechPro Power Group, Inc. (“TechPro”), strengthening its position as a leading provider of power management services. “We are thrilled to welcome TechPro and its exceptionally talented team to IPS. TechPro represents a strategic leap for both of our companies,” said John Zuleger, President and CEO of IPS. “With our combined 2,200 highly skilled technicians and engineers, we wi...
Back to Newsroom