Technology partners

Resurgens Technology Partners closes its $500 million software-focused private equity fund II

ATLANTA–(BUSINESS WIRE)–Resurgens Technology Partners, a technology-focused private equity firm, today announced that it has completed the funding round for Resurgens Technology Partners II (“Fund II”) with over $500 million total capital commitments. Fund II was oversubscribed and reached its revised fixed cap at closing.

The latest fund is a continuation of the company’s established investment strategy, which is primarily focused on majority investments in lower middle-market North American and European IT infrastructure software and applications companies. . Resurgens is committed to providing world-class operational support, talent and human capital expertise, and M&A execution capabilities to each of its portfolio companies. The firm invests in founder-owned businesses and carve-out transactions, as well as recapitalizations of investor-owned businesses.

“We are grateful for the support of our existing and new limited partners,” said Resurgens General Manager Fred Sturgis. “This closing represents an exciting chapter for Resurgens and will allow us to continue to invest in our team and capabilities, building on our strong position in the dynamic and ever-evolving lower-middle-market software industry.

Since its inception, Resurgens has invested in 11 technology-focused platform companies and completed nine add-on acquisitions. In addition, the company closed three full or partial realization operations from its first fund. Resurgens has also expanded its team to over 25 professionals in its investment and operations teams.

“Our team is excited about the opportunity to continue to build on Resurgens’ track record,” said Resurgens Managing Director Adi Filipovic. “We have assembled a team with deep operational and functional software consulting experience to develop innovative approaches to creating value in our portfolio. This latest fund allows us to take our investment strategy and take it to the next level. »

Sparring Partners served as placement agent and Proskauer provided legal counsel for Fund II.

About Resurgens Technology Partners

Resurgens Technology Partners is a technology-focused private equity firm that invests in North American and European lower-middle-market IT infrastructure software and applications companies. Resurgens’ growing team offers a diversity of experience in investing, operating and managing talent, applying an active and engaged value creation approach with each portfolio company. Resurgens is headquartered in Atlanta, Georgia, with other professionals located in Austin, London, and Silicon Valley.