Route 2 Capital Partners (“R2CP”), a private investment firm, is pleased to announce the final closing of Route 2 Capital Partners SBIC, L.P. (the “Fund”) at $206 million. The Fund completed the final close with support from existing relationships and new commitments from institutional investors, banks, family offices, and high net worth individuals. R2CP was founded in 2017 by a senior team of investment professionals, and the Fund was licensed as a Small Business Investment Company by the U.S. Small Business Administration in May 2018. R2CP continues to be led by partners Scott Kester, Patrick Weston, Jay White, and Spalding White and provides $3 – $20 million of flexible mezzanine debt and equity to lower middle market operating companies.
“We are excited to announce the final close of our first junior capital fund,” says Patrick Weston. “We have been pleased by the market’s reception of our investment platform and the support from our broad base of limited partners. With four investments already completed, we are off to a good start and continue to actively seek new investment opportunities.”
Jay White adds, “Our firm’s capabilities and investment mandate place us in a competitive position to deploy our capital, and we are grateful to all of our teammates, limited partners, and market relationships for their support over the past two years. We look forward to building upon these relationships in the years to come.”
About Route 2 Capital Partners
R2CP is a private investment firm providing flexible junior capital solutions to lower middle-market companies, primarily in the southern U.S. The firm’s partners possess over 100 years of combined investment, transactional, and operational experience. R2CP seeks to invest in established companies with minimum annual revenues and EBITDA of $10 million and $2 million, respectively, that generate predictable and profitable cash flows. R2CP’s investment proceeds will be used to execute growth and expansion plans, support business recapitalizations, and facilitate management buyouts. R2CP reviews opportunities in niche manufacturing, business services, consumer products and services, and specialty distribution. For more information, visit www.route2capital.com.