Percheron Capital Secures $1.55 Billion for Fund II; Hits Hard Cap

Percheron Capital, a prominent private equity firm specializing in essential services businesses across North America, has successfully closed its second fund, Percheron Capital Fund II (Fund II), with total commitments reaching $1.55 billion. The fund, which closed on March 27, 2024, was oversubscribed, hitting its hard cap and drawing support from a varied group of institutional investors worldwide. This achievement follows Percheron's previous fund, a $770 million venture that similarly reached its hard cap in September 2021. With this new capital infusion, Percheron is poised to further strengthen its portfolio and continue its strategic partnerships within the essential services sector.