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DGAP-News News vom 07.02.2017

One Equity Partners Closes on $1.65 Billion for Fund VI

DGAP-News: One Equity Partners Europe GmbH / Key word(s): Private Equity/Funds

07.02.2017 / 15:00
The issuer is solely responsible for the content of this announcement.


One Equity Partners Closes on $1.65 Billion for Fund VI

Inaugural Fund After Spinout is Oversubscribed and Exceeds Target

NEW YORK - FEBRUARY 7, 2017 - One Equity Partners, a middle market private equity firm, today announced that it has successfully completed fundraising for One Equity Partners VI L.P., with total capital commitments of $1.65 billion, surpassing its target. Though One Equity Partners VI is the firm's sixth private equity fund, it is the first fund raised with outside capital following the firm's spinout from JP Morgan in 2015.

"The entire team would like to thank all of our investors for the outstanding support One Equity Partners received in closing our first private equity fund as an independent firm," said the leadership team of One Equity Partners. "The strong response reflects the track record achieved over the past 16 years, and the ability of this team to build successful businesses and attractive portfolios that generate excellent returns for our investors."

One Equity Partners employs a unique "Transformative Combination" strategy in which the firm seeks to merge like-sized businesses with a strategic fit to quickly build market leaders of scale. This differentiated approach to driving growth, and the firm's flexibility in partnering with family owners, founders, management teams, and corporations, creates a strong pipeline of proprietary deal flow for One Equity Partners.

One Equity Partners VI will continue the firm's focus on businesses in the industrial, healthcare and technology sectors across North America and Europe. One Equity Partners has made eight platform investments from the new fund to date, with approximately $600 million already invested or committed. The firm has also completed eight add-on acquisitions for these investments, many of which were transformative in nature.

"We wanted to limit our fund size and remain disciplined in our investments in North American and European middle market businesses," added Dick Cashin, President of One Equity Partners. "We will leverage our industry expertise, relationships, and operational resources to help management teams in our target sectors take their businesses to the next level."

Investors in One Equity Partners VI span North America, Europe, Asia, Australia, and the Middle East and include pension funds, financial institutions, sovereign wealth funds, consultants, and family offices. The fund also received investments from current and former portfolio company management teams, as well as a number of private equity founders and veteran dealmakers with whom the One Equity Partners leadership team enjoys long-standing relationships.

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About One Equity Partners
One Equity Partners is a middle-market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm builds market-leading companies by identifying and executing transformative business combinations. One Equity is a trusted partner with a differentiated investment process, a broad and senior team, and an extensive track record generating long-term value for its partners. Since 2001, the firm has completed more than 140 transactions worldwide. One Equity, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, and Frankfurt. For more information, please visit www.oneequity.com.

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Press contact
Kelly Holman
Stanton
646-502-3509
KHolman@StantonPRM.com

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This press release contains certain information about the investment activities and the investment portfolio of OEP Parent LLC ("JPMCS") and its affiliates that was managed by certain JPMorgan Chase & Co ("JPMC") personnel, including investment professionals and other professionals who have formed, advised and assisted OEP Capital Advisors, L.P. OEP Capital Advisors, L.P. is not an affiliate of JPMC, JPMCS or any of their affiliates. In light of the independence of OEP Capital Advisors, L.P. from JPMC, none of JPMC, JPMCS or any of their affiliates assumes responsibility for any information contained herein.



07.02.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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