Finback Investment Partners Closes Second Private Equity Fund with Nearly $500 Million

Oversubscribed Sophomore Fund Reflects Growing Demand for Finback's Distinctive Network Capital Model

CORAL GABLES, Fla.--(BUSINESS WIRE)--Finback Investment Partners ("Finback" or the "Firm") announced today the successful close of its second private equity fund, Finback Investment Partners 2024 Fund, LP (the "Fund"). The Fund was oversubscribed and closed with nearly $500 million in capital commitments, reflecting continued demand from both new and existing limited partners for the Firm's strategic value-add investment approach.

The Fund continues Finback’s strategy of partnering with leading private equity sponsors to invest in compelling buyout and growth opportunities where the Firm’s Network Capital – a vast and longstanding network of executives, investors, and policymakers – can unlock value and accelerate growth.

Finback invests opportunistically across sectors where its collective network can power business development efforts, enhance sales, accelerate market entry, and advance corporate strategy, including healthcare, digital infrastructure, financial services, technology and software, industrials, and education. To date, the Fund has invested in:

• HUB International, the largest independent insurance broker in the United States and Canada
• OMNIA Partners, a leading group purchasing organization serving state and local governments and educational institutions
• Spectrum Safety Solutions, a leading manufacturer of industrial fire detection and suppression products
• ReliaQuest, a global cybersecurity leader delivering an AI-driven approach to security operations for large enterprises
• Blue Cloud, a nationwide operator of ambulatory surgery centers specializing in dentistry and oral surgery for pediatric and special-needs patients
• Vermont Information Processing, a leading provider of ERP-like systems and data solutions for food and beverage suppliers, distributors and retailers
• HealthEdge, a leading health insurance claims software provider

“Finback was built on the idea that connectivity can be a powerful catalyst for growth,” said Gov. Jeb Bush, Chairman of Finback. “As a strategic partner to leading private equity sponsors and their portfolio companies, we adapt our role as companies’ needs evolve, drawing on our network of experienced executives and leaders to help businesses scale and ultimately reach their full potential.”

As part of its investment approach, Finback activates a curated network of operators, advisors, investors, and policy leaders to inform diligence, expand perspective, and create strategic advantage. The Firm evaluates more than 100 investment opportunities each year, advancing only a select few that meet its criteria and where it believes it can contribute meaningfully to a company’s long-term trajectory.

“The overwhelming support for our second fund reflects the confidence our limited partners have in our model and the strength of the relationships that define our platform,” said Jack Oliver, Finback Co-Founding Partner. “It is also a testament to the tangible impact we’ve delivered for operating companies alongside our private equity sponsor partners.”

About Finback Investment Partners

Finback Investment Partners is a private investment firm with a strategic value-add approach designed to accelerate portfolio company growth. By deploying Network Capital – a vast and longstanding network of executives, investors, and policymakers – Finback partners with premier private equity sponsors and management teams to unlock operating companies’ full potential. Finback invests opportunistically across multiple sectors where its collective network can power business development efforts, enhance sales, accelerate market entry, and advance corporate strategy. Finback is led by a seasoned team with several decades of combined investing, operating, and public affairs experience. Finback has approximately $1.1 billion in assets under management and has partnered with more than 25 portfolio companies since inception. For more information, please visit www.finbackpartners.com.