Goldner Hawn Closes New $364 Million Private Equity Fund

Goldner Hawn is pleased to announce the above target closing of its eighth investment fund (the “Fund” or “Fund VIII”), with approximately $364 million in capital commitments (including from the general partner of the Fund). Consistent with prior funds, Fund VIII will target investment opportunities in specialty manufacturing, value-added distribution, consumer products and services, and business services sectors across North America. The firm is led by partners Jason Brass, Chad Cornell, Joe Heinen, Pete Settle, and Andrew Tomashek.

“We are thankful for the overwhelming support from our existing investors and excited to welcome a group of new investors as well,” stated Joe Heinen, Partner at Goldner Hawn. “This new capital will allow us to continue executing our investment approach of partnering with management teams to create transaction structures and strategies that best position each portfolio company for growth and success.” The Fund received commitments from institutional investors including financial institutions, foundations, state pension plans, insurance companies, as well as family offices and select high net worth individuals. To date, Goldner Hawn has completed three platform investments and eight add-on acquisitions in Fund VIII. Goldner Hawn is currently seeking new platform company investments and add-on acquisition opportunities in the lower middle market.

Forum Capital Securities LLC acted as placement agent and Kirkland & Ellis LLP served as Fund counsel to Goldner Hawn.

About Goldner Hawn
Goldner Hawn was founded in 1989 in Minneapolis, Minnesota and has been a source of private capital to leading lower middle market companies for over 30 years. With an investment philosophy centered on the principle of partnership, Goldner Hawn seeks to back management teams of businesses with $5 million to $20 million of EBITDA in industries including specialty manufacturing, value-added distribution, consumer products and services, and outsourced business services. Goldner Hawn has made over 100 platform and add-on investments in companies with total transaction values exceeding $4 billion. For more information, call 612-338-5912 or visit goldnerhawn.com.