Access Holdings, a digitally-enabled middle market investment firm based in Baltimore, has raised approximately $805 million in new capital, including $525 million for Access Holdings Fund II L.P. and an additional $280 million for Fund II co-investment. This capital will be used to make build and buy investments in the U.S. mid-market.
Access Holdings was founded in 2017 by John Simone and Kevin Lynch. The firm has a team of over 40 professionals with experience in investment banking, private equity, and operational management. Access Holdings invests in middle market companies with enterprise values between $100 million and $500 million. The firm’s investment strategy is to partner with management teams to build and buy businesses in a variety of industries.
Access Holdings’ first fund, Access Holdings Fund I L.P., closed in 2018 with $340 million of capital. The fund has made a number of investments, including the acquisition of Universal Engineering Technologies, a provider of engineering and construction services, and the acquisition of Quality Logo Products, a manufacturer of custom printed products.
The closing of Access Holdings Fund II L.P. is a significant milestone for the firm. The fund’s large size reflects the strong demand for investment capital in the U.S. mid-market. Access Holdings is well-positioned to capitalize on this demand with its experienced team and proven investment track record.
Here are some of the key takeaways from the Access Holdings funding round:
- The fundraise is a sign of the strong demand for investment capital in the U.S. mid-market.
- Access Holdings is well-positioned to capitalize on this demand with its experienced team and proven investment track record.
- The firm is focused on making build and buy investments in a variety of industries.
- Access Holdings is committed to partnering with management teams to build and grow businesses.