Tecum Capital Targets $125M for Fourth Small Business-focused Fund

Tecum Capital is aiming to raise $125M for Tecum Capital Partners IV, the firm's latest licensed fund targeting small business investments.

The fund made its first sale on January 10 and has so far raised $59.6M from 29 investors. The minimum investment was set at $250K, according to a January 13 filing with the SEC.

The lower middle market-focused multi-strategy investment firm provides mezzanine debt and equity to growth-oriented companies across various industries, including manufacturing, value-added distribution, and business services. It targets businesses in the US with EBITDA of at least $3M, allocating between $5M and $20M for every transaction.

The firm, based outside of Pittsburgh, noted in its LinkedIn profile that it is currently executing its small business-focused strategy through the $300M Tecum Capital Partners III, which launched in September 2021. Since 2006, the firm has invested over $1B across over 135 completed transactions involving more than 100 platforms and add-on acquisitions.

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Written By: Dakota

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