Firm: Hamilton Robinson Capital Partners
Fund: Hamilton Robinson Capital Partners IV
Target: $200 million – $250 million
Placement agent: Griffin Financial Group LLC (Likely)
Fresh off liquidating a highly successful small business investment company fund,
In November, the Stamford, Conn.-based firm sold the final two of nine companies from HRCP II, a $75 million, 2001 vintage SBIC fund. The companies had an aggregate enterprise value of $213 million when Hamilton Robinson bought them, and upon exit were valued at $457 million. That translates to a 3.9x net investment multiple and a 28 percent compound internal rate of return, Scott Oakford, a managing partner at the firm, told Buyouts.
Hamilton Robinson is currently investing from its third fund,
Now the firm is getting ready to raise its next fund. Oakford said it would likely seek around $200 million to $250 million in the next 12 to 15 months for
Founded in 1984, Hamilton Robinson has carved out a niche for itself in the lower mid-market. The firm typically invests in companies with revenues of $25 million to $200 million with three characteristics: a recognizable brand, technical products or services, and an international scope. It is primarily interested in companies in the manufacturing, distribution and service industries.