Linsalata Capital Partners Announcement
Cleveland, Ohio (July 27, 2017) – Linsalata Capital Partners announced that Gregg Taber, Senior Managing Director, will lead fund raising for the firm’s next buyout fund. The fund will be designated “LinCap Partners Fund VII, LP” and will continue to focus on the lower middle market. Fund-raising will begin in the coming months but a fund target size has not yet been announced. Frank Linsalata and Stephen Perry will take on roles of Senior Advisors to the LinCap team for this new fund.
In conjunction with the initiation of the new fund raising, Michael Faremouth, Managing Director, will lead the launch of a new firm focusing on smaller investments. The new firm will be located in the Cleveland suburbs and will be named “Watervale Equity Partners”. Watervale will also begin fund raising in the coming months. Eric Bacon will join the Watervale team for this newly launched firm.