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September 01, 2020 1:43pm
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Sound Growth Partners Closes Fund I at $275 Million Hard Cap

Sound Growth Partners ("SGP"), a Seattle-based private equity firm, is pleased to announce it has closed on $275 million in capital commitments, including anticipated leverage from the SBA, for its inaugural buyout fund. The fund will invest in niche market leaders in the lower middle market using its One-Stop Buyout™ approach, providing all the capital necessary to close a transaction.

The fund was oversubscribed and reached its hard cap due to strong support from a diverse group of institutional investors and receipt of a Small Business Investment Company (SBIC) license from the Small Business Administration (SBA).

SGP was founded in 2023 by four long-term colleagues – Kyle Largent, Peter Roushdy, David Glazer, and Travis Steele – each of whom has extensive experience investing in, supporting, and growing lower middle market companies. SGP's investment approach, anchored by its One-Stop Buyout™ structure, makes it the ideal partner for niche market leaders in the lower middle market.

SGP has also made key hires to the firm's operations and investment teams including CFO Vera Feinhaus and Associate Chris Casamassima. Ms. Feinhaus, who has 20 years of experience, will be responsible for all financial and operational functions, and Mr. Casamassima will be responsible for transaction execution, due diligence, and portfolio management.

About Sound Growth Partners

Founded in 2023, SGP is a Seattle-based private equity firm investing in clear market leaders within the lower middle market. SGP’s investments are structured as One-Stop Buyouts™ through which SGP provides all the capital necessary to close a transaction. The firm invests in companies with $2 to $10 million of EBITDA in definable niches within the Consumer Products, Business Services, Distribution and Light Manufacturing industries.

To learn more about Sound Growth Partners please visit https://soundgrowthpartners.com/ and follow us on LinkedIn.

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