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Larsen MacColl Partners, L.P.
267 319 7930
Philadelphia, PA — February 5, 2008. On February 5, 2008 Larsen MacColl Partners, a newly established Philadelphia-based private equity firm, held the final closing of its first fund. The fund was upsized from its prospectus target.
Commenting on the closing, Managing Partner Jeff Larsen said, "Tim, myself, and our partners are very pleased that we have been able to raise this fund in a relatively short period of time. It is nice to see people identifying with our investment philosophy and business perspective."
The firm, located in One Liberty Place in Philadelphia, PA, seeks to invest primarily in small to mid-sized companies in basic industries with sales between $10 and $40 million and with operating income between $1 and $3 million.
Tim MacColl said, "With the fund closing, we're now able to turn our attention to making investments. We are currently pursuing several interesting opportunities that align with our investment strategy."
Larsen MacColl Partners invests in partnership with outstanding management teams to grow companies. After investing, the partners work with management teams to grow their businesses by investing in their people and their products, and by developing new markets organically and through platform-leveraging acquisitions.
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