Vance Street Capital Hits Hard Cap at $775 Million for Fund IV

Vance Street Capital (“Vance Street”), a Los Angeles-based private equity firm focused on investments in North America based companies which provide highly engineered solutions to their customers, announced its first and final close of Vance Street Capital IV (“Fund IV”).  Fund IV, which began marketing in January 2024 with a target of $550 million, was significantly oversubscribed and closed in April 2024 at its hard cap of $775 million.  With the inclusion of Fund IV, Vance Street has raised over $2 billion in total capital dedicated to investing in the lower middle market.

Fund IV will continue Vance Street’s strategy of partnering with founder-owned companies, multi-generational family businesses, and corporate carve-outs in critical B2B manufacturing businesses across the medical, life science, industrial technology, and aerospace & defense sectors.

“We sincerely appreciate the strong show of support from both our existing and new limited partners to enable us to achieve the speed and success of our Fund IV fundraise,” said Brian Martin, Managing Partner at Vance Street.  “Our sector focus, expertise in manufacturing and engineering, deep bench of operational professionals and commitment to the lower middle market resonated with investors. We are proud of the team we have built at Vance Street and our track record creating highly sought after strategic assets.”

Vance Street’s strategy is built on a repeatable value creation playbook, tailored to drive operational excellence and growth in the lower middle market.  “We pride ourselves in partnering with founders and management teams who have built established, market leading companies to support their continued growth through investments in people, processes and technologies,” said Mike Janish, Managing Partner at Vance Street. “Our expansive network of operators and executives help accelerate the implementation of our value creation initiatives, and we look forward to continuing our partnership with them for years to come.”

Vance Street Capital also actively manages a portfolio across Vance Street Capital II, LP and Vance Street Capital III, LP in addition to VSC Extended Value funds EV1 LP, EV2 LP and EV3 LP.

Kirkland & Ellis LLP served as legal advisor and M2O Private Fund Advisors served as the exclusive placement agent.


About Vance Street Capital LLC

Vance Street Capital is a middle-market private equity firm focused on investing in highly engineered solutions businesses across the industrial technology, medical, life science, aerospace and defense sectors. For over two decades, Vance Street’s partners have worked with management teams and family owners to accelerate revenue growth, improve operations and acquire strategic assets for the companies in their investment portfolio. For more information please visit: www.vancestreetcapital.com.

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