New Pfingsten equity fund to build mid-market co. portfolio.Private equity firm Pfingsten Partners (Deerfield, IL) has closed its third equity investment fund (Fund III) with capital commitments of $284 million, exceeding its original target of $250 million. Pfingsten said the fund will continue its strategy of acquiring and building mid-market manufacturing, distribution and specialty publishing companies in partnership with management. Limited partners in Fund III include Pantheon pantheon (păn`thēŏn', –thēən), term applied originally to a temple to all the gods. The Pantheon at Rome was built by Agrippa in 27 B.C., destroyed, and rebuilt in the 2d cent. by Hadrian. Ventures, ATP ATP: see adenosine triphosphate. ATP in full adenosine triphosphate Organic compound, substrate in many enzyme-catalyzed reactions (see catalysis) in the cells of animals, plants, and microorganisms. Private Equity Partners, DuPont and INVESCO Private Capital, among others. Pfingsten Partners' Fund I has current investments in Woodall Publishing Co, (Sarasota, FL), a producer of RV park and campground directories, and Huebcore Communications (Solon Solon, Athenian statesman Solon (sō`lən), c.639–c.559 B.C., Athenian statesman, lawgiver, and reformer. He was also a poet, and some of his patriotic verse in the Ionic dialect is extant. At some time (perhaps c.600 B.C. , OH), the publisher of five trade magazines, including Tooling & Production and Metlfax, and related directories. Fund II owns and operates Pfingsten Publishing (Seven Hills, OH), including the acquired businesses Mortgage Publishing Group (Life Insurance Selling, American Rent & Broker and Mortgage Originator Originator A bank, savings and loan, or mortgage banker that initially made a mortgage loan that is part of a pool. Also, an investment bank that has worked with the issuer of a new securities offering from the beginning and is usually appointed manager of the underwriting ), Art21 Productions (Decor) and Spectrum Business Communications (MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Today, Progressive Distributor, Contractor Tools & Supplies and Productivity). |
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