Coalesce Capital has announced the closing of its inaugural fund with more than $900 million in commitments.
The fund, Coalesce Capital Fund I, was oversubscribed, exceeding its $750 million initial target.
Coalesce, based in New York, is a middle market private equity firm focused on investing in human capital and technology-enabled business services companies. The firm primarily makes control investments in companies with at least $5 million of EBITDA and $25 million of revenue.