ShoreView Closes Fifth Private Equity Fund with $500 Million of LP Commitments

The Partners of ShoreView are pleased to announce the successful closing of ShoreView Capital Partners V, L.P (“ShoreView V” or “the Fund”), with $500 million of limited partner commitments.  ShoreView V was oversubscribed and closed on its hard cap. Fund V received commitments from many longstanding investors in prior ShoreView funds and several new investors. Beyond the limited partner commitments, the Partners of ShoreView have a significant capital commitment as the general partner of the Fund. Since it was founded in 2002, ShoreView has raised over $1.8 billion of committed capital.

ShoreView will continue with its 20+ year strategy of investing in established, middle-market companies with operations in North America, across a wide range of industries. ShoreView structures a variety of acquisition, recapitalization and buy and build transactions, typically in family and entrepreneur-owned businesses with revenues ranging between $20 million and $200 million.

Based in Minneapolis, ShoreView has closed on 44 platform investments and over 100 add-ons.  Consistent with prior funds, ShoreView V will pursue investment opportunities in niche manufacturing, value-added distribution, business and industrial services, residential services, and aerospace/defense.

DLA Piper LLP (US) served as fund counsel for ShoreView V.  ShoreView was not represented by a placement agent.