Lightspring closes second fund at $218.1M, doubling AUM to $350M
What's the deal? Lightspring Capital PartnersDealroom has a profile for this one. Try Dealroom → has closed its second fund at $218.1 million, lifting the firm's total assets under management to roughly $350 million across two funds.
What's the endgame? Fund II will provide equity and mezzanine capital to lower middle-market businesses. It focuses in particular on first institutional capital buyout transactions.
Where's the money going? The strategy spans a broad range of industries. Lightspring points to particular experience in manufacturing and distribution, business services, and consumer products.
The signal: The close lands as Morgan StanleyDealroom has a profile for this one. Try Dealroom → forecasts a record $6.4 trillion global M&A market in 2026, with announced transactions up more than 64% year over year in the second quarter. Fresh dry powder aimed at the lower middle market positions Lightspring to deploy into that upswing.
Read more: The Middle Market
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