Percheron Capital closed Fund III at its $3.1 billion hard cap, lifting assets under management to more than $7.5 billion. The San Francisco, CA-based firm said the fund drew support from existing limited partners and new institutional investors. Fund III follows its earlier vehicles and targets control investments in repair, maintenance and other recurring service businesses across the U.S.Percheron builds platforms in fragmented essential-services markets and expands them through add-on acquis...
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