Atlantic Street Capital gathers $210m

The firm continues to target the lower middle market.

Atlantic Street Capital III has held a final close at $210 million, exceeding the fund’s $200 million target. The firm’s third fund invests in established companies in the lower mid-market with a particular focus on entrepreneur and family owned businesses. It will make commit between $10 million and $30 million per transaction.

Atlantic Street Capital II had raised $65 million by final close in March 2011.