Gridiron Capital closes Fund V at $2.1b; target was $1.8b

Gridiron Capital closes Fund V with $2.1 billion in capital commitments. This figure surpasses the initial target of $1.8 billion. Notably, Gridiron V represents the largest flagship fund in the private investment firm's history,.

Emphasizing continuity with their established investment strategy, Gridiron V will focus on securing control equity investments in North American enterprises. The primary targets are industry leaders within branded consumer, B2B and B2C services, and niche industrial businesses, with total enterprise values ranging from $150 million to $600 million.