Firm: Bertram Capital Management
Fund: Bertram Capital Fund II
Target: $500 million
Legal Adviser: Kirkland & Ellis
San Mateo, Calif.-based lower mid-market shop
Bertram Capital, which invests in aerospace, health care, manufacturing, business services and cleantech, intends to seek $500 million for
Prior backers include financial institutions, fund of funds, university endowments and corporate pension funds from North America and Europe, including the
In early 2009, Bertram Capital portfolio company Author Solutions Inc. acquired Xlibris Corp., a provider of print-on-demand self publishing services. In April the firm acquired the publishing assets of Trafford Publishing of Victoria, British Columbia. Trafford was the first company to offer an on-demand publishing service and was an early adopter of the Internet bookstore model.
Bertram Capital makes platform acquisitions of companies generating annual EBITDA of $3 million to $15 million and revenue of $20 million to $150 million. Add-ons have no minimum requirements. Its typical aggregate equity commitment runs between $20 million and $90 million.
Jeff Drazan, former managing director at