Platte River Equity (“PRE”), a Denver, CO-based private equity firm, announced the final closing of its second private equity fund, Platte River Equity II, L.P. (“PRE II”), with total commitments from PRE II investors of $235 million, exceeding its fundraising target of $200 million.
Founded in 2005, Platte River Equity is a private equity investment firm that focuses on small and middle market operating companies. With the closing of its second fund, PRE manages in excess of $300 million of committed equity capital.
PRE’s strategy is to invest behind strong management teams in industries where the firm’s principals have significant operating and investing experience, including aerospace, industrial services, energy services, metals, chemicals and agriculture. The firm seeks investment opportunities where its principals can add meaningful value to its management partners in creating larger enterprises through internal growth and complementary acquisitions.