Jul 25, 2023   SOURCE: BusinessWire

Valesco Industries Announces Over Subscription of Fund III at $434 Million

Valesco Industries is pleased to announce Valesco Fund III, LP (VFIII) has closed on $434 million in capital commitments, exceeding the targeted capital commitment of $375 million for the Fund. VFIII received its SBIC license during Q4 2022.

VFIII was formed to continue Valesco’s successful strategy of providing long-term equity (both control and minority) and subordinated debt capital to growth-oriented small and lower middle market businesses located throughout the U.S.

Valesco is actively seeking additional investment opportunities for Valesco Fund III.