Firm: Marwit Capital
Fund: Marwit Capital Partners III LP
Target: $225 million
The Los Angeles-based shop has yet to hold a first close on
Limited partners in Fund II included
Marwit Capital makes investments of $10 million to $20 million in businesses with annual revenue ranging from $15 million to $125 million. The shop got its start as an SBIC in the 1960s, investing in various parts of the capital structures of middle market companies. Marwit Capital is run by Chris Britt and Matthew Witte, who launched the fund’s more formal buyout-related efforts in the mid-1990s.
Portfolio companies include Boot Barn, a western-themed specialty retailer; Fire Grill LLC, a Burger King franchisee; Gregg Gift Co., a maker of licensed giftware products for Christian retail stores; Traffic Control & Safety Corp., a traffic control services business; and T and T Industries, a maker of twist ties.
The firm did not respond to press inquiries.