Vicente Capital Increases Fund, Makes First Deal
Vicente Capital Partners has raised $15 million in additional commitments for its debut growth equity fund, bringing the total to $165 million. New LPs include Credit Suisse and the State of Connecticut. Los Angeles-based Vicente will invest between $5 million and $15 million in companies that have between $2 million and $25 million in revenue and up to $5 million of EBITDA. Vicente was previously known as Kline Hawkes & Co., although Frank Kline is not part of the new effort. In related news, Vicente announced its first portfolio company: MedBridge Healthcare, a Greenville, S.C.-based provider of sleep diagnostic and respiratory therapy services.
18 March 2009•2 mins read
