Bloomfield Hills private equity firm O2 Investment Partners has closed its Fund V with $670 million in capital commitments. Metric Point Capital in Texas served as exclusive advisor for the fundraise.
Founded in 2010, O2 says it tries to acquire majority interests in lower middle-market companies with entrepreneurial management teams of family- and founder-owned businesses that are positioned for long-term growth.
The firm “aggressively” scales initial platforms via organic growth initiatives, tactical add-on acquisitions, and by implementing “comprehensive” operational integration strategies.
“We are unwavering in our commitment to our time-tested strategy of honoring entrepreneurs, which allows us to distinctively partner with growth-driven companies to help them effectively scale in dynamic market and economic environments,” says Luke Plumpton, managing partner of O2. “We deeply value the trust our investors have placed in both our team and our business approach.”
Among O2’s portfolio companies are Flip Electronics in Georgia, Straightaway Tire & Auto in North Carolina, and 4M Building Solutions, a commercial cleaning company in St. Louis, Mo.
For more information, visit o2investment.com.
