Comvest Partners announced the final close of its sixth flagship private equity fund, Comvest Investment Partners VI, L.P. (“CIP VI”, or the “Fund”), with total capital commitments of $881 million.

“We appreciate the strong reception CIP VI received from new and existing investors,” said Michael Falk, Comvest’s founder and Chief Executive Officer. “We believe our successful fundraise reflects Comvest’s deep experience in the middle market, our nearly 25-year history of delivering results for our investors, and the strength of our private equity strategy. We are grateful for the continued confidence our investors have placed in us and remain committed to meeting that trust.”

Comvest’s private equity strategy integrates specialized investment, industry and operational expertise with the principles of partnership and collaboration to help company founders and management teams scale their businesses, heighten operational performance and drive value creation to realize their full potential.

“This fundraising milestone is a testament to the experienced and proven investment team we have built at Comvest,” said Maneesh Chawla, a Managing Partner of Comvest and head of the firm’s private equity strategy. “Comvest has a long tenure supporting middle-market companies that seek a seasoned partner to help grow their businesses. We are excited about the continued momentum of our firm, our private equity investment approach, and our team.”

CIP VI received commitments from a diverse global investor group that includes foundations, insurance companies, pension funds, asset managers, consultants and family offices.

As with its predecessor funds, CIP VI pursues control investments in market-leading middle-market companies throughout North America. The Fund seeks to deploy up to $150 million of equity per investment in targeted industries including consumer, healthcare services, infrastructure and field services and professional and managed services. CIP VI’s approach supports founder and family transitions, leveraged recapitalizations, corporate divestitures, buyouts, complex situations, and public-to-private transactions.

Kirkland & Ellis LLP served as legal advisor to Comvest in the formation of CIP VI.