Keystone Capital Management Raises $630M for Fund III in 4 months

Keystone Capital Management, a prominent lower middle market investment manager, has successfully closed its highly sought-after Keystone Fund III (Fund III) after just four months of fundraising. The fund reached its hard cap of $630 million, reflecting strong investor confidence in Keystone's strategy and track record.

Notably, Keystone's own professionals constitute the largest single investor in the fund, underscoring their commitment to its success. Founded in 1995, Keystone specializes in investing in North American businesses across diverse sectors including engineering and technical services, tech-enabled services, commercial services, industrial technology, and food and beverage.

With a robust history of 170 acquisitions across 42 different industry platforms since its inception, Keystone continues to solidify its position as a leader in the private equity landscape, offering attractive investment opportunities and delivering value to its stakeholders.