|Description||Lower middle market private equity fund|
|Milestone Partners IV, 4/13||$300M|
Milestone Partners, founded in 1995, is a private equity firm that partners with management to make control equity investments in LBOs and recapitalizations of lower middle market businesses.
Milestone pursues niche-market leaders that provide high-margin products or services. Milestoneâ€™s transactions typically provide liquidity to shareholders of privately-owned businesses, facilitate transition of ownership to key managers, and allow management to capitalize on growth opportunities while maintaining the legacy of the founders. Milestone has focused consistently on the lower middle market and generated superior returns for its limited partners. Milestone is currently investing in new platforms through Milestone Partners III, a $240 million fund.