Firm: Mason Wells
Fund: Mason Wells Buyout Fund III LP
Target: $325 million
Amount Raised: $325 million
Placement Agent: $400 million
Growth equity firm
In an effort to gain momentum in a tough fundraising market, the firm had been “beating the trees” with word of
Prior investors included
Forum Capital is serving as placement agent for the firm’s latest effort.
Formed in 1982 as a subsidiary of Marshall & Ilsley Corporation, Mason Wells invests in companies generating between $25 million and $250 million in revenues in the engineered products and services, outsourced business services, and specialty packaging and paper industries. The firm often focuses on regional deals. In 2008, the company acquired Wrightstown, Wis.-based Coating Excellence International, a maker of flexible packaging for paper reams and food and industrial products. Last year the company acquired TOLAS Healthcare Packaging, a maker of sterile-grade packaging, through its portfolio company Oliver Medical.